Welcome to Thane

Thane

Thane, located in Maharashtra near Mumbai, is a rapidly growing city recognized for its strategic importance in business, trade, and industry. Known as the "City of Lakes" for its numerous natural water bodies, Thane boasts a humid subtropical climate and a unique geographical setting bordered by the Sanjay Gandhi National Park and Thane Creek. Over recent decades, Thane has transformed into a commercial hub with expanding real estate, retail, and IT sectors, fueled by its proximity to Mumbai, Maharashtra's financial capital. The city supports a diverse economy with strong industrial, service, and commercial segments, making it an attractive destination for investment and business expansion.

Business Environment

Thane's business climate is robust, benefiting from well-developed infrastructure including water, electricity, highways, and rail connectivity. It is a key part of the Mumbai Metropolitan Region and hosts multiple industrial estates established by the Maharashtra Industrial Development Corporation (MIDC). The city has emerged as a major center for IT/ITES, warehousing, logistics, and ancillary services, supported by a skilled and employable workforce. The Thane-Belapur-Kalyan industrial belt is a significant contributor to the state's economy, with large-scale manufacturing in chemicals, pharmaceuticals, textiles, and engineering goods. Its rapidly growing commercial hubs, malls, and retail complexes also reflect a thriving consumer market.

Popular Markets & Key Industries

• Information Technology and IT-enabled Services (IT/ITES)
• Chemical and Pharmaceutical Manufacturing
• Textile and Garment Industry, including major brands like Raymond and Decathlon
• Warehousing and Logistics for e-commerce giants such as Amazon, Flipkart, and Myntra
• Automobile and Engineering Industries
• Hospitality and Tourism, leveraging lakes and natural parks for eco-tourism
• Paper Mills, Rice Mills, and Cold Storage facilities supporting agro-based industries

Growth Potential

With its expanding infrastructure and increasing commercial activities, Thane offers significant growth opportunities. The city is witnessing a surge in residential and retail developments complementing its industrial growth. The local government’s focus on climate-resilient infrastructure and sustainable urban planning aims to support long-term economic sustainability. As businesses seek decongestion from Mumbai, Thane is becoming a preferred destination for new industrial clusters, IT parks, and warehousing hubs. Its strategic location, combined with a diverse industrial base and growing consumer market, position Thane as a vital economic and business center in Maharashtra.