AURIC

What AURIC does

AURIC (Aurangabad Industrial City, now branded Chattrapati Sambhaji Nagar Industrial City) is a 10,000-acre Greenfield smart industrial city in Maharashtra, India, developed as a node of the Delhi-Mumbai Industrial Corridor (DMIC). It is promoted and managed by Maharashtra Industrial Township Limited (MITL), a Special Purpose Vehicle jointly owned by the Government of India's National Industrial Corridor Development Corporation (NICDC, formerly DMICDC) and the Government of Maharashtra's Maharashtra Industrial Development Corporation (MIDC). The project targets Micro, Small and Medium Enterprises (MSMEs), large industries, and mega/ultra-mega projects, with a smaller commercial/residential component supporting the integrated township.

The city's core offering is a serviced industrial land bank with end-to-end utility and digital infrastructure delivered to the plot boundary. Physical infrastructure includes a GIS substation with SCADA-controlled 24x7 power via underground cabling (described as the first such industrial deployment in India), SCADA-controlled water supply with central effluent and sewage treatment plants (meeting 42% of water demand through recycling), fibre-to-the-curb/fibre-to-the-home telecom architecture, and integrated solid waste management. The digital layer consists of an AURIC e-Governance and ERP system (AEE), a Land Management System (LMS) portal for online plot applications, a Utility Billing Management System (UBMS), and a multi-channel Complaint Redressal System.

MITL monetises AURIC through industrial land leases at INR 3,200 per square meter on 95-year terms, recurring power distribution tariffs of INR 6–7 per unit, water charges of INR 16–18 per cubic meter, ICT/smart-city service access fees, and Single Window Clearance fees for permits and approvals. Go-to-market combines direct enterprise sales to industrial investors with self-service LMS portal applications, supplemented by industry events and government-promoted outreach. Heavy implementation is outsourced to tier-one partners: Honeywell (Master System Integrator for ICT), CH2M/Jacobs (Programme Manager), Shapoorji Pallonji (Shendra infrastructure contractor), Larsen & Toubro (Bidkin infrastructure contractor), IBI Group (ICT consultant), Royal HaskoningDHV (master planner), and CBRE (transaction advisory).

Name

AURIC

Legal name

Maharashtra Industrial Township Limited (MITL)

Website

https://auric.city

Company type

Private

Operating status

Operating

Headcount range

11–50 employees

Short description

AURIC is a 10,000-acre government-promoted Greenfield smart industrial city in Maharashtra, India, operated by MITL as a joint venture between NICDC and MIDC, offering leased industrial plots, utilities, and smart-city ICT infrastructure to MSMEs, large industries, and mega projects.

Ownership category

akta.pro rank

Product category

Industrial Infrastructure / Smart Industrial City Development

NAICS

Electric Power Generation, Transmission and Distribution (2211), Water Supply and Irrigation Systems (221310), Power and Communication Line and Related Structures Construction (237130)

SIC

Land Subdividers & Developers (No Cemeteries) (6552), Electric, Gas & Sanitary Services (4900), Services-Computer Integrated Systems Design (7373)

akta.pro primary industry

Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ)

akta.pro secondary industries

Occupancy, Space Utilization & Workplace Experience (HSAPAPAG), Industrial IoT/Edge Electronics Manufacturing (Gateways, Edge Controllers) (IMAGAGAC)

Keywords

• Smart industrial city
• Industrial land lease
• Power distribution services
• Water utility management
• Smart city infrastructure

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Technology or R&D, Personnel, Marketing or Sales

Revenue model

1. Industrial Land Lease: Revenue generated from leasing industrial plots to industries, commercial businesses, and residential developers. Plot rate is INR 3200 per square meter with 95-year lease terms.
2. Power Distribution: MITL operates as the power distributor for AURIC city, generating revenue from power tariffs (INR 6-7 per unit) to industrial and residential consumers.
3. Water and Utility Services: Revenue from water supply and other utility services. Water charges are INR 16-18 per cubic meter.
4. Smart City Services: Revenue from ICT-enabled services, smart city infrastructure access, and digital services provided to residents and businesses.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

AURIC (Aurangabad Industrial City) is a 10,000-acre Greenfield Smart Industrial City developed by Maharashtra Industrial Township Limited (MITL) as part of the Delhi-Mumbai Industrial Corridor. The company leases serviced industrial land on 95-year terms (INR 3,200 per sq. meter) and provides SCADA-controlled power distribution, water and waste water management, and integrated smart-city ICT services to MSMEs, large industries, mega projects, and supporting commercial/residential tenants. The offering combines physical infrastructure (GIS substations, underground cabling, FTTH fiber network, CETP/STP, smart poles) with digital platforms for e-governance, land management, utility billing, grievance redressal, and employment services.

Product overview

AURIC (Aurangabad Industrial City) is a 10,000-acre Greenfield smart industrial city project developed by Maharashtra Industrial Township Limited (MITL) as part of the Delhi-Mumbai Industrial Corridor. Rather than a single software product, AURIC operates as an integrated smart city ecosystem offering multiple digital platforms and physical infrastructure services. The digital layer consists of online portals for land management (LMS), utility billing, complaint redressal, and employment services, underpinned by smart city ICT infrastructure including fibre networks, surveillance, IoT utilities, and environmental sensors. Physical infrastructure includes power distribution via GIS substations, water and waste water management, and solid waste handling.

Differentiator

Problem solved

Functional benefit

Products and services

• AURIC Land Management System (LMS) Online portal that allows industrial investors to apply for serviced industrial plots within the 10,000-acre AURIC township, view GIS-based city mapping, and track the status of land allotment applications.
• Utility Billing Management System (UBMS)
• Complaint Redressal System Citizen complaint registration and tracking system accessible via web portal, mobile application, IVR, and a toll-free helpline (18002124037), serving AURIC residents, plotholders, and businesses.
• Employment Platform
• Water and Waste Water Management Infrastructure
• Power Distribution Infrastructure
• Fibre-to-the-Curb Infrastructure
• Smart City ICT Platform (AURIC e-Governance and ERP / AEE)
• Industrial Land Lease (95-year plot allotment)

Quantifiable outcome

• 42% of water demand met through recycled water
• +3 more outcomes

Named customers1 record

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• Maharashtra Industrial Development Corporation (MIDC)coreStrategic or Co-development PartnerMIDC is the industrial development arm of Government of Maharashtra. Founded in 1962, it has acquired more than 84,000 ha land and established 264 industrial estates. It provides one-stop solution to investors with online application processing and approvals. MIDC is the nodal agency of Government of Maharashtra for the project.
• HoneywellcoreTechnology or IntegrationMaster System Integrator (MSI) for ICT at AURIC-Shendra. Responsible for Supply, Implementation, Integration, Operations and Maintenance of smart city ICT components including CCTV surveillance, ATCC, environmental sensors, vehicle tracking, and command control applications. Implementing approximately 10,000 CCTVs across 65 cities in India.
• IBI GroupmajorImplementation/ SI/ Consulting PartnerICT Consultant for AURIC-Shendra responsible for detailed ICT Master Planning and Engineering. Includes requirements gathering, detailed design, RFQ/RFP document development, and Bid-Process Management. Serves as Program Management Consultant (PMC) for ICT implementation and operations.
• CH2M (a Jacobs company)coreImplementation/ SI/ Consulting PartnerProgramme Manager for New Cities (PMNC) for AURIC Shendra Bidkin Industrial Area (SBIA) - responsible for development of Part I spanning 40.18 sqkm. Provides programme management oversight, quality control, master planning, and construction management for EPC packages including utilities, roads, ROBs and power.
• Shapoorji Pallonji And CompanymajorImplementation/ SI/ Consulting PartnerInfrastructure Contractor for AURIC Shendra - responsible for construction of core infrastructure including roads, utilities, and industrial development infrastructure.
• Larsen & ToubromajorImplementation/ SI/ Consulting PartnerInfrastructure Contractor for AURIC Bidkin - responsible for construction of core infrastructure in the Bidkin area of the development.
• Patil GroupminorImplementation/ SI/ Consulting PartnerROB (Rail Over Bridge) Contractor for AURIC Shendra - responsible for construction of railway over bridges in the Shendra area.
• AECOMmajorImplementation/ SI/ Consulting PartnerInfrastructure Consultant for AURIC - providing technical expertise and engineering services for infrastructure development.
• AARVEE AssociatesmajorImplementation/ SI/ Consulting PartnerInfrastructure Consultant for AURIC - providing technical expertise and engineering services for infrastructure development.
• I. M. Kadri ArchitectsmajorImplementation/ SI/ Consulting PartnerArchitectural Consultants for AURIC - designed landmark buildings including AURIC Hall (25,000 sq. ft. administration building) inspired by traditional Aurangabad heritage architecture with ceremonial arches and jaali screens. Building targeted for IGBC Gold Performance rating.
• Royal HaskoningDHVmajorImplementation/ SI/ Consulting PartnerMaster Planning Consultants for AURIC - responsible for overall master planning and urban design of the smart industrial city.
• Terracon – Clouston AssociatesminorImplementation/ SI/ Consulting PartnerLandscape Consultants for AURIC - responsible for landscape design including streetscape, reforestation, lake preservation, and buffer zone development.
• CBREminorImplementation/ SI/ Consulting PartnerTransaction Advisory for AURIC - providing advisory services for real estate transactions and investor relations.

Scale indicators9 records

Recent moves7 records

Expansion highlights5 records

Others

• Brookfield India Industrial REIT: Industrial/logistics REIT operating warehousing and industrial parks in India. Comparable on the underlying tenant demand and Indian industrial real-estate market, though structured as a yield-based REIT rather than a greenfield developer.

Direct peers

• Adani Industrial Parks (Adani Group): Adani's industrial park and SEZ portfolio (including Mundra SEZ) competes head-to-head with AURIC for large industrial tenants, offering integrated multi-modal logistics and utility infrastructure on a comparable scale.
• Mahindra World City (Mahindra Lifespace Developers): Mahindra Group's integrated industrial/business city business operating multiple industrial townships across India. Directly comparable to AURIC as a large-scale, mixed-use industrial park developer targeting MSMEs and large industries with built-in infrastructure and services.
• Hiranandani Industrial Parks / House of Hiranandani: Develops large integrated townships with industrial and mixed-use components in India. Comparable to AURIC in offering integrated industrial-plus-residential master-planned communities.
• Dholera Special Investment Region (DSIRDA): Government-promoted greenfield industrial smart city in Gujarat under the DMIC program, directly analogous to AURIC's mandate, structure (special-purpose authority), and target customer profile of large industries and MSMEs.
• Tata Industrial Parks (Tata Realty / Tata Steel): Tata-affiliated industrial park developments including Sri City. Comparable to AURIC in serving large manufacturing tenants with integrated industrial infrastructure, though typically delivered by private capital rather than government SPVs.
• JSW Industrial Parks: JSW Group's industrial parks/township business targets manufacturing and logistics tenants across India. Comparable to AURIC in scale and integrated township model.
• Reliance Industrial Infrastructure / Jio Industrial Parks: Reliance group operates industrial infrastructure and parks across India. Comparable to AURIC as a capital-rich industrial township developer with utility integration.
• Other DMIC Nodes (Vikram Udyogpuri, Dighi Port, etc.): Other Delhi-Mumbai Industrial Corridor industrial nodes developed under NICDC. Most directly comparable to AURIC because they share the same policy framework, central-state ownership structure, and DMIC funding pool.

Regional players

• China-Singapore Suzhou Industrial Park (CSSD): Government-to-government industrial township between Singapore and China. Comparable as a model for how MITL could evolve AURIC into a long-duration industrial city platform with integrated ICT, utilities, and master planning.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/auriccity
• LinkedInlinkedin.com/company/aurangabad-industrial-township-limited

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AURIC