INDIA CAPTIVATES
7
Chandigarh
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Chandigarh was considered to be emerging mainly by the respondents from IT and IT-enabled services .
The Chandigarh Technology Park in North-East Chandigarh , the IT Park in Mohali and the Rajiv Gandhi Chandigarh Technology Park are the major attractions for TMT companies .
The State Government offers lucrative benefits for foreign investors . It recently offered 600 pre-cleared sites to foreign investors wanting to set up industrial and business units in the city . In August 2015 , when delegates from South Korea visited the state , the Government offered them a plug-and-play industrial park around Chandigarh in sectors such as infrastructure , automobiles , IT and consumer electronics . This industrial park will also provide other incentives such as reduced power tariffs and investment support .
8
Nagpur
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The city is considered the second most emerging city from the business services sector . Knowledge intensive companies find Nagpur an attractive proposition due to its low infrastructure costs and the availability of talent .
Its strategic location makes it a logistics hub for India . The logistics sector is an important focus as it will act as a major leg of support to the Government ’ s Make in India initiative . Abundant and cheap land makes Nagpur an attractive proposition to be developed as a multi-modal logistics hub .
The Government is considering developing more IT parks in the city .
The State Government has launched an ambitious project , the Multi-modal International Cargo Hub and Airport at Nagpur ( MIHAN ), which aims to make Nagpur a major transportation hub .
9
Surat
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Infrastructure sector is very optimistic about the future prospects of the city .
It has the largest diamond-cutting and polishing industry in India . The State Government has plans to expand the footprint further by building a diamond trade hub , Surat Diamond Bourse , with an investment of INR1.25t ( US $ 21b ).
It has fast emerged as a commercial hub in the past few years , with the Government considering connecting Surat with Mumbai through an underground tunnel with a proposed investment of INR900b ( US $ 15b ).
10
Nashik
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Larger companies ( revenue greater than US $ 2b ) are most optimistic about Nashik as an emerging city . The city is primarily known as a hub for automotive , engineering and electrical industries . Various industrial zones in the city host renowned manufacturing units .
The city enjoys the geographic advantage of being located near prime metros such as Mumbai and Pune , with good rail and road connectivity with Mumbai .
It has abundance of talent and ready infrastructure .
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