INDIA CAPTIVATES
Hyderabad
The city received the highest number of projects in the past five years, worth US $ 1.4b. Most of the investment was directed toward the financial services and consumer products sectors, with life sciences picking up. After the split of Telangana from Andhra Pradesh, Hyderabad became the joint capital of the two states and is, therefore, receiving special focus.
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A new industrial policy was launched in 2015, with a focus to promote manufacturing and enhance ease of doing business. The State Government has created a land bank of more than 150,000 acres for industrial purposes.
Pune
Pune attracted smaller projects— most of them toward the TMT sector. In terms of FDI capital, automotive was the most attractive sector.
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Large IT parks, such as Hinjawadi and Magarpatta and three SEZs in Pune, offer IT and software services companies a robust infrastructure to set up operations at a reasonable cost.
Chennai
TMT and automotive were the most preferred sectors in Chennai. Chennai Port has a dedicated berth for automobile exports. Also, the modern Chennai Port acts as a gateway for exports and imports.
ÜThe Government ' s Super-Mega Policy- investment of INR 15b-INR40b( US $ 250m-US $ 670m) and Ultra Mega Policy- investment over INR 15b-INR 40b( US $ 250m-US $ 670m) for integrated automobile projects will attract investors.
India’ s emerging locations
Investors are showing increased enthusiasm for India’ s second- |
In FDI terms, many smaller cities are increasingly emerging as |
tier cities. In 2014, FDI projects in smaller cities surged 79 %, |
investment destinations. Big metropolises are facing pressure |
compared with just 21 % in metropolises. Cities such as |
on resources, especially land, reflected in rising prices. The |
Chakan, Halol, Jaipur, Mohali, Sanand, Thrissur, Vapi and |
development of new smart cities should reinforce the |
Varanasi are increasingly becoming industrial hubs. For |
geographical spread of FDI. Thirty-five percent of businesses |
example, Sanand, in Gujarat, is becoming an export hub for |
established in India rate Ahmedabad as India’ s leading |
vehicle makers, a trend reinforced by expansion plans unveiled |
emerging city, followed by Vadodara( 15 %), while nonby |
Ford and Maruti Suzuki. |
established investors preferred Jaipur. |
Emerging cities for investment
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Ahmedabad
Ü The city emerged as the fastest-growing investment destination, with the number of FDI projects increasing to 23 in 2014 from 8 in 2013, and FDI reaching US $ 682m from just US $ 285m a year ago.
Ü Perceived as the top emerging city in India in the sectors as TMT, industrials, business services, infrastructure and energy sectors, the city benefits from the development of sound infrastructure, skilled labor and a widening industrial base.
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