Group 690

Role of MSRDC

The Maharashtra State Road Development Corporation commonly abbreviated as MSRDC, after successfully entrusting the spectrum of flagship projects including the Mumbai-Pune corridor, Bandra-Worli Sea link, construction of 50 flyovers (Mumbai Traffic Improvement Mega Project), Amravati city Integrated Road Development Project (IRDP), construction of several link roads and skywalks, etc. is all set to commission the initial phase of the Nagpur-Mumbai super communication expressway by May 2021.

Honored as the “Hindu Hurudaysamrat Balasaheb Thackeray Maharashtra Samruddhi Mahamarg” the Nagpur-Mumbai Samruddhi Corridor is reckoned as the prosperity corridor for Maharashtra. With establishment of new townships, industrial hubs, comprehensive agro-based ecosystem, fastest transportation, and employment generation on a massive scale, the project is deemed to offer immense socio-economic opportunities till the last mile.

In the mid-1990s the government realized that the infrastructure of roads was becoming a bottleneck in the overall development of our glorious state. Maharashtra has been numero uno in terms of attracting domestic and foreign investments and hence the need to improve the road development was strongly felt to further enhance this demand scenario.

It was at this juncture that MSRDC was established and fully owned by the government of Maharashtra through a resolution on 9th July 1996. The MSRDC was incorporated as a Public Ltd company under the Company’s Act 1956 on 2nd August 1996, for providing better roads and by the implementation of major infrastructure projects to be achieved by generating additional resources and encouraging Public-private participation.

In addition to being the regulatory authority for expressway construction and management the Maharashtra state government has graduated MSRDC by appointing it as the New Town Development Authority. Under this authority, MSRDC is charged with the responsibility to execute the infrastructural planning and construction of 19 proposed new townships under the ‘Krishi Samruddhi Kendra,’ project.