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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