INDIA CAPTIVATES
2
Jaipur
Ü
Ü
Proximity to Delhi and investor-friendly policies in the state make it an attractive destination for foreign investors . As infrastructure in the National Capital Region becomes saturated , the 250 km corridor between Jaipur and Delhi is increasingly becoming a hot spot .
Jaipur emerged as a favorite among first-time investors , particularly in telecoms and IT-enabled services
3
Vadodara
Ü
Ü
Vadodara is considered as the third most rapidly emerging city , especially favored by energy investors as it is endowed with natural resources and abundant sunlight , making it attractive for renewable energy firms .
Vadodara has also started to adopt a solar rooftop concept , which is seeking attention of investors .
4
Coimbatore
Ü Ü Ü Ü
Ü
Ü
This city is particularly favored for industrials , infrastructure and energy . Coimbatore is famous for cotton production , textiles and engineering goods . The city hosts two SEZs with five more in pipeline .
It has aerospace component manufacturing cluster , while there is also a plan to set up an electronics and software cluster spread across 157 acres .
The city is working towards improving its transportation networks , such as the establishment of the Bus Rapid Transit ( BRT ) system .
It has affordable land in its outskirts , which strengthens its investment prospects .
5
Vishakhapatnam
Ü
Ü
Ü
Ü
The Visakhapatnam-Kakinada Petroleum , Chemicals and Petrochemical Investment Region ( PCPIR ), which will consist of several SEZs , industrial parks , free trade and warehousing zones , as well as export oriented units , is a big boost for the energy sector investments .
The Vizag-Chennai Industrial Corridor ( VCIC ), India ’ s first coastal corridor , is being developed in partnership with the Asian Development Bank . This will be instrumental in spurring manufacturing and enhancing connectivity with ASEAN and East Asia for trade .
The Information Technology Investment Region ( ITIR ) for the IT sector shall make doing business easy by processing the application within four weeks and providing seamless power supply .
The Government has set its sights on improving the maritime infrastructure in India through the Sagar Mala project .
6
Aurangabad
Ü Ü Ü
Ü
The city falls on the proposed Delhi-Mumbai Industrial Corridor ( DMIC ). It is a manufacturing hub for automotive , engineering and life sciences .
Low labor and land costs make it an attractive destination for manufacturers , while its connectivity to Pune , Nashik and Mumbai ( industrial hubs ) is convenient for suppliers and traders .
It is among the eight cities where the Government plans to develop electronics manufacturing clusters ( EMCs ). These clusters would be eligible for incentives such as refunds on capital expenditure for new units or for expansion of more than 25 % of existing capacity .
Spotlight on Indian Electronics 2016 | 133