Mahindra World City, Jaipur

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Mahindra World City, Jaipur
Integrated Business City
Coordinates: 26°48′23″N75°41′13″E / 26.806486°N 75.686874°E / 26.806486; 75.686874
Inaugurated2007
Area
  Total12 km2 (5 sq mi)
Website http://www.mahindraworldcity.com/jaipur/overview.aspx

Mahindra World City, Jaipur is a multi-product Special Economic Zone based on the concept of an "Integrated Business City". It comprises SEZs, Industrial Parks, Retail and Social Infrastructure. [1]

Contents

History

In 2007, Mahindra World City, Jaipur was inaugurated by former Chief Minister of Rajasthan, Vasundhara Raje. It is a joint undertaking by Mahindra Lifespace Developers Ltd (a Mahindra Group Company) and Rajasthan State Industrial Development and Investment Corporation Ltd (RIICO), an agency of the Government of Rajasthan. It has been identified as one of the 16 projects globally by the Clinton Climate Initiative (CCI), [2] a foundation upheld by Former US President Bill Clinton with a focus on sustainable development. 2017

Location

Mahindra World City is built near NH8 (Jaipur–Ajmer highway), and spread over an area of 3000 acres. [3] Mahindra World City is located near Jaipur City, 18 km from the airport and 21 km from the railway station. Apart from Jaipur, Mahindra World City is presently operational at Chennai, Tamil Nadu.

Business Zone

The basic idea behind the development of Mahindra World City, Jaipur is to bring forth overall industrial development across different segments of the industry. The business zone is classified into a Domestic Tariff Area (DTA) for several industries and multi-product services with specific zones SEZs which include:

Some of the prominent companies that are operational within Mahindra World City, Jaipur include Genpact, Appirio, Infosys, Wipro, ICICI Bank, Connexions, Deutsche Bank, GirnarSoft, Nagarro, Aro granite industries ltd., QH Talbros. [4] [5]

Recently the Isys softech is being inaugurated by Home Minister of Rajasthan Gulab Chand Kataria.

Social Infrastructure

The social infrastructure in Mahindra World City is comprehensive in terms of residential, learning, health institutes, and recreational zones. It also includes retail and hospitality centers as integral parts of the development. [6]

Architecture

The layout of Mahindra World City, Jaipur has been conceptualized and planned by Jurong Consultants of Singapore. [7] These consultants have been known for using efficient methods and approaches, developing Mahindra World City as a destination conducive for international and domestic corporates.

Related Research Articles

<span class="mw-page-title-main">Jaipur</span> Capital of Rajasthan, India

Jaipur is the capital and the largest city of the north-western Indian state of Rajasthan. As of 2011, the city has a population of 3.1 million, making it the tenth most populous city in the country. Located 268 km from the national capital New Delhi, Jaipur is also known as the Pink City due to the dominant color scheme of its buildings in old city.

<span class="mw-page-title-main">Industrial park</span> Area for development of industry

An industrial park, also known as industrial estate or trading estate, is an area zoned and planned for the purpose of industrial development. An industrial park can be thought of as a more heavyweight version of a business park or office park, which has offices and light industry, rather than heavy industry. Industrial parks are notable for being relatively simple to build; they often feature speedily erected single-space steel sheds, occasionally in bright colours.

<span class="mw-page-title-main">HITEC City</span> Business district in Hyderabad, India

The Hyderabad Information Technology and Engineering Consultancy City, abbreviated as HITEC City, is an Indian financial business district located in Hyderabad, Telangana, India. HITEC City is spread across 81 ha of land under the suburbs of Madhapur, Gachibowli, Kondapur, Miyapur, Nanakramguda, Serilingampally, Bachupally, Manikonda, Kukatpally and Shamshabad all the combined technology townships is also known as Cyberabad with a radius of 52.48 km (32.61 mi) surrounding approximate area of 6,100 ha. HITEC City is within 2 kilometres (1.2 mi) of the residential and commercial suburb of Jubilee Hills.

<span class="mw-page-title-main">Economy of Bangalore</span> Big network of Karnataka

Bangalore or Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State of Karnataka, accounting for 98% of the Software Exports of the State.

<span class="mw-page-title-main">InfoPark Kochi</span> IT Park situated in Kochi, India

Infopark, Kochi is an information technology park situated in the city of Kochi, Kerala, India. Established in 2004 by the Government of Kerala, the park is spread over 260 acres (105.2 ha) of campus across two phases, housing 546 companies which employs about 63,600 professionals as of 2022.

<span class="mw-page-title-main">Multi-modal International Cargo Hub and Airport at Nagpur</span>

The Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. It is the biggest economical development project currently underway in India in terms of investments. The project aims to exploit the central location of Nagpur and convert the present airport into a major cargo hub with integrated road and rail connectivity.

<span class="mw-page-title-main">Economy of Rajasthan</span>

Rajasthan is a mineral-rich state and has a diversified economy having agriculture, mining and tourism as its main engines of growth. The state mines produce gold, silver, sandstone, limestone, marble, rock phosphate, copper and lignite. It is the second-largest producer of cement and contributes one tenth of the salt produced in India.

<span class="mw-page-title-main">Economy of Chennai</span>

Chennai, formerly known as Madras, is the capital city of the Indian state of Tamil Nadu. As of 2020 the GDP (PPP) of the Chennai metropolitan area is $219 billion with an urban population of 1.09 crore.

Mahindra World City (MWC) is part of the USD 19.4 billion Mahindra Group, which is active in diverse markets including automotive, farm equipment, defense, hospitality, manufacturing, aerospace, retail, finance, real estate, and infrastructure. The organization maintains a presence in more than 100 countries.

<span class="mw-page-title-main">Economy of Mangalore</span>

Industrial and commercial activities dominate Mangalore's economy. Mangalore is the only city in the state of Karnataka to have all modes of transport — air, road, rail and sea — as well as being one of only five cities in India to have both a major port and an international airport. Around 75% of India's coffee, timber and cashew nuts exports are handled by the New Mangalore Port. Mangalore International Airport is one of only two international airports in Karnataka; the other being Bangalore's Kempegowda International Airport. Mangalore is the fastest growing non-metropolitan area in South India and the second largest business centre in Karnataka. The city has some of the tallest buildings in South India, with many more under construction.

<span class="mw-page-title-main">GIFT City</span> Business district under construction in Gujarat, India

Gujarat International Finance Tec-City, also called GIFT City, is a central business district under construction in the Gandhinagar district as suburb city of Ahmedabad in Ahmedabad Metropolitan Region in Gujarat, India. It is India's first operational greenfield smart city and international financial services centre, which the Government of Gujarat promoted as a greenfield project. In 2020 GIFT IFSC bagged 10th place in Finance Industry and top rank in emerging financial centres in the Global Financial Centres Index. As of June 2023, it is home to 23 multi-national banks, including HSBC, JP Morgan, and Barclays. Furthermore, it includes 35 fintech entities, two international stock exchanges with average daily trading volumes of $30.6 billion, as well as India's first international bullion exchange with 75 onboarded jewellers.

<span class="mw-page-title-main">Sri City</span> Place in Andhra Pradesh, India

Sri City or Satyavedu Reserve Infracity Pvt. Ltd. is an integrated business city (township) and special economic zone located in Tirupati district in the state of Andhra Pradesh, India.

<span class="mw-page-title-main">Mahindra World City, Chennai</span> Suburb in Chengalpattu, Tamil Nadu, India

Mahindra World City, Chennai, Chengalpattu district, Tamil Nadu, is India's first integrated business city. It is a public–private partnership promoted by the Mahindra Group and TIDCO. It is situated near Maraimalai Nagar a southern suburb of Chennai. The city is a part of the Chennai Metropolitan Area and also a part of the area covered by Chennai Metropolitan Development Authority (CMDA).

The SEZ Corridor is an emerging corridor implementing a number of Special Economic Zones (SEZs) along the Grand Southern Trunk Road in Chennai. Started with the establishment of the Madras Export Processing Zone in 1984, the SEZ corridor currently has 5 operational SEZs and over 10 approved projects in development. The GST Road is widely made use of for SEZ projects due to its connectivity with various means of transport by road, rail and air. This is evident by the presence of the Chennai International Airport, various railway stations parallel to the road, and also its connectivity to the complex road network of the National Highways Authority of India.

<span class="mw-page-title-main">Mundra Port</span> Container port in India

Mundra Port is India's first private port, largest container port and largest commercial port, located on the northern shores of the Gulf of Kutch near Mundra, Kutch district, Gujarat. Formerly operated by Mundra Port and Special Economic Zone Limited (MPSEZ) owned by Adani Group, it was later expanded into Adani Ports & SEZ Limited (APSEZ) managing several ports. In FY 2020–21, Mundra Port handled 144.4 million tonnes of cargo. The port currently handles over 155 MT, which constitutes nearly 11 per cent of India’s maritime cargo. The port also handles nearly 33 per cent of India’s container traffic.

<span class="mw-page-title-main">Software industry in Chennai</span> Third largest software exporter in India

Chennai is the third largest software exporter in India, next only to Bangalore and Hyderabad. India's largest IT park is housed at Chennai. Software exports from Tamil Nadu during 2017–2018 rose 8.8% per cent to touch 1,11,179 crore, involving a workforce of 780,000, and the city is the hub for deep tech startup companies. Many software and software services companies have development centres in Chennai, which contributed 14 percent of India's total software exports of 14,42,140 lakh during 2006–07, making it the third largest Indian city software exporter following Bangalore, Hyderabad and the city is the home for 7 top rated IT companies out of 15 in India. The Tidel Park in Chennai was billed as Asia's largest IT park when it was built. Major software companies have their offices set up here, with some of them making Chennai their largest base. Chennai is the largest hub for e-publishing, as there are 67 e-publishing units registered with the STPI and many Rs.8300-Cr data centers, digital hubs are in the process of development. A major reason for the growth of the Software industry are the top engineering colleges in Tamil Nadu, of which Chennai is a major contributor, have been a major recruiting hub for the IT firms. According to estimates, these engineering colleges and universities consistently generate about 50 per cent of the human resource requirements for the IT and ITES industry was being sourced from the state, particularly from Chennai. The total employment in the Tamil Nadu’s technology sector crossed the one million mark in the quarter ended June 2022.

The economy of Hyderabad, the capital of Telangana, India, is based on traditional manufacturing, the knowledge sector and tourism. Starting in the 1990s, the economic pattern of the city changed from a primary service hub to a more diversified economy, but the service industry still remains a major contributor. As of 2006, the largest employers of Hyderabad are the governments of Andhra Pradesh and India, with 113,000 and 85,000 employees, respectively.

Mahindra Lifespace Developers Ltd. is an Indian real estate and infrastructure development company headquartered in Mumbai, India. The company was founded in 1994 and is part of the Mahindra Group. The company is engaged in residential developments under the Mahindra Lifespaces and Happinest brands; and integrated cities and industrial clusters under the ‘Mahindra World City’ and ‘ORIGINS by Mahindra World City’ brands. The company has developed properties in Mumbai, Pune, Nagpur, Ahmedabad, Delhi NCR, Jaipur, Hyderabad, Chennai, and Bengaluru.

References

  1. "Pink Mahindra City". The Hindu Business Line. Retrieved 9 July 2014.
  2. "Clinton Climate Initiative To Demonstrate Model For Sustainable Urban Growth With Projects In 10 Countries On Six Continents". Clinton Foundation. Retrieved 9 July 2014.
  3. "M&M to set up SEZ at Jaipur". Economic Times. 6 October 2005. Archived from the original on 16 July 2014. Retrieved 9 July 2014.
  4. "Mahindra World City, Jaipur marches on Signs-up four new clients". Mahindra Group. Retrieved 9 July 2014.
  5. "Infosys to build facility at Jaipur SEZ". Economic Times. 17 June 2011. Archived from the original on 24 August 2013. Retrieved 9 July 2014.
  6. "Mahindra World City, Jaipur marches on Signs-up four new clients". Mahindra Group. Retrieved 9 July 2014.
  7. "Mahindra World City (Jaipur)". Jurong International. Archived from the original on 14 July 2014. Retrieved 8 June 2018.