The decision was taken at the 58th meeting of the Board of Directors of Maharashtra Airport Development Company (MADC) at Vidhan Bhavan here.
Fadnavis, who chaired the meeting, approved the land allotment for food park at MIHAN (Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN), developed by MADC.
The food park will provide a ready market for farmers and tribals from Vidarbha for their produce.
The decision will give a boost to the food processing industry, a statement from Chief Minister's Office said.
The proposed new airport in Pune was also discussed in the meeting.
Fadnavis directed officials to provide adequate compensation to the project-affected people and rehabilitate them properly so that work on the Pune airport can start soon.