contactDiary Integrated City Industrial Cluster

Mahindra World City, Jaipur signs 12 clients, garners close to Rs 1,000 crore in investments over the past year

Reaffirms commitment to drive economic growth and industrialization in Rajasthan

Jaipur, 16th November, 2015: Mahindra World City Jaipur Ltd, a joint venture between Mahindra Lifespace Developers Limited (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), has added 12 customers over the past one year, thereby making available world-class industrial infrastructure, strategic locational advantages and a developed business ecosystem to a total of 67 global and Indian companies till date. Aggregate investments by Mahindra World City (MWC), Jaipur and its constituent units have crossed Rs. 2500 crore so far, with cumulative exports generated worth approximately Rs 4000 crore, and employment created for about 11,000 persons.

The 12 companies signed comprise a combination of new clients and expansion of facilities/operations by existing customers with an on-site presence. Commenting on the occasion, Sangeeta Prasad, CEO, Integrated Cities and Industrial Clusters, Mahindra Lifespace Developers Ltd said, “Built on the foundation of progressive economic, social and environmental development, the Mahindra World Cities provide a holistic, integrated business ecosystem designed to create employment opportunities and drive industrial growth. As we expand our customer base at Mahindra World City, Jaipur, we look forward to being part of the growth story of Rajasthan, a state which has always been proactive, innovative and inclusive in its leadership, and has successfully established favourable conditions for business and industry.”

Sanjay Srivastava, Chief Operating Officer, Mahindra World City, Jaipur added, “We welcome our new customers to Mahindra World City, Jaipur. We will continue to focus on making available a conducive environment that facilitates ease of business and yields faster go-to-market benefits for Indian and multinational organisations who are planning their next phase of growth in India. With Rajasthan leading efforts to attract new investments by driving progressive reforms and strategic initiatives, developing a comprehensive skill development ecosystem and formulating special incentive packages for priority sectors, we are sure that investors will seek presence in the state to ensure business success.”

Operational since 2008, MWC Jaipur spans 3000 acres and encompasses 4 sector-specific SEZs (IT/ITES, Engineering & Related Industries, Handicrafts and Gems & Jewellery) and a Domestic Tariff Area (DTA). Mahindra World City, Jaipur has emerged as one of India’s leading industrial hubs, contributing to the Indian government’s vision of ‘Make in India’ by creating opportunities for skill development, Foreign Direct Investment (FDI) and manufacturing.

The clients acquired by MWC Jaipur over the past year represent a wide variety of industries and sectors, ranging from IT/ITES, fashion garments and consumer packaging, to skill development, food processing and knitting accessories manufacturing.

Zone

Company

DTA

 

Rexam PLC is the largest manufacturer of beverage cans in the world and will leverage

its MWC Jaipur facility to expand manufacturing operations to cater to the growing

 

 

 

 

 

 

 

DTA

 

 

 

 

 

 

 

 

 

domestic market in India. India is expected to emerge as the biggest global

manufacturing center for Rexam.

RUSDPL (Rajendra & Ursula Joshi Skill Development Pvt. Ltd.) currently operates the not

for profit ‘Bhartiya Skill Development Centre’ at MWC Jaipur to provide high quality skill

development opportunities to Indian youth. RUSDPL plans to diversify into the

manufacturing of precision machine tools, hand tools, surgical equipment and hard

wood furniture, and has recently taken up an additional 12.7 acres at MWC Jaipur.

RUFIL (Rajendra & Ursula Joshi Food Industries Pvt. Ltd.) has commenced construction

of a state-of-the-art dairy processing unit at MWC Jaipur’s DTA.

Ranka Paper Convertors (RPC) is a manufacturing initiative by the Jaipur-based Ranka

Group and will cater to both domestic (Indian) and global markets via its new facility at

MWC Jaipur.

Dev Milk Foods Pvt. Ltd. will operate a dairy-processing unit at MWC Jaipur (currently

under construction), with plans to develop a Central Laboratory for research and

quality assessment of food products.

Swift Warehousing LLP is a division of Delhi Rajasthan Transport Co. Ltd. (DRTC India)

and plans to build a state-of-the-art warehouse to lease for short to medium tenures.

 

 

Engineering

& Related

Industries

SEZ

 

 

 

 

Polymed Medical Devices, an existing client with a state-of-the-art medical devices

manufacturing unit already operational at the Engineering SEZ, is expanding

manufacturing operations at MWC Jaipur to cater to the growing domestic market.

KnitPro International is an India-based manufacturer and exporter of knitting

accessories and a global category leader. An existing client of MWC Jaipur, KnitPro was

the first company to become operational at the Engineering & Related Industries SEZ,

and will now manufacture specialized wood at a new, upcoming facility.

Topline Overseas is a group company of TI Industries, which manufactures power

distribution transformers & related products and is setting up a new facility at MWC

Jaipur to cater to international markets.

 

 

 

IT/ITES SEZ

 

 

 

 

 

 

 

 

 

 

MetLife Global Operations Support Center (GOSC) is a part of MetLife Global Technology

& Operations with core capabilities around Service Delivery, Consulting, Vendor

Management and Network Operating Design. MetLife GOSC’s Jaipur center (located at

‘Evolve’, the GnNxt IT park in the IT/ITES SEZ) is a key component of its business

continuity operations and global expansion plans.

Appirio is a global services company that helps customers compete and win in the cloud

economy. Mahindra World City, Jaipur was a business destination of choice for Appirio

to start operations in India because of its strategic location and the availability of cost-

effective, skilled manpower. Appirio employs candidates with roots in Jaipur, which has

helped improve retention levels within the company. As part of its organizational

growth and development plans, Appirio is investing heavily in ‘Jaipur Academy’, the

Learning & Development initiative that involves building a world-class, robust and

comprehensive training curriculum to produce and groom Business Analysts, Project

Managers, Tech Leads and Cloud/Crowdsourcing Architects.

Handicrafts

SEZ

 

 

Rainbow Texfab Pvt. Ltd. is a Jaipur-based high fashion garments manufacturer which

caters to global markets across Japan, Germany, US, Australia and South Africa. The

company has decided to foray into handicrafts and home furnishings via its unit in the

Handicrafts SEZ.

About Mahindra World City Jaipur Ltd.

Pioneered by Mahindra Lifespaces, Mahindra World Cities (MWCs), are integrated business cities through developments in Chennai and Jaipur. These developments cover 1862 hectares (4,600 acres) and house over 125 reputed global companies, providing an integrated environment for Livelihood, Living and Life. Mahindra World City’s business is driven by its mission of sustainable urbanization woven around a strategic business plan that aims to bring about a positive change for customers, stakeholders and communities.

Mahindra World City, Jaipur is located in the Delhi-Mumbai Corridor and is spread across 3000 acres, being developed in partnership with Rajasthan State Industrial Development Corporation (RIICO), an agency of the Government of Rajasthan. Situated 25 kms from Jaipur airport, it houses facilities for more than 67 corporates like Infosys, Wipro, JCB, Perto, Rexam etc. across its SEZ and DTA facilities. It is the first city in India which is pre-certified SEZ with Gold certification under the Indian Green Building Council (IGBC). In addition, the Evolve IT Park situated within MWC Jaipur is a LEED platinum certified Green Building. Mahindra World City Jaipur is the world’s largest and Asia’s first project to receive Climate Positive Development Stage 2 Certification from the C40 Cities Climate Leadership Group, a global network of large cities taking action to address climate change.

www.mahindraworldcity.com

About Mahindra Lifespace Developers Ltd.

Mahindra Lifespace Developers Ltd., the real estate and infrastructure development business of the $16.9 billion Mahindra Group, is a leader in sustainable urban development, through the creation of residential and integrated large format developments across nine Indian cities - Mumbai, Pune, Nagpur, Gurgaon, Faridabad, Jaipur, Chennai, Hyderabad and Bengaluru. The Company’s residential & commercial development footprint includes over 0.95 million sq.m. (10.21 million sq ft) of completed projects and over 0.92 million sq. m. (9.93 million sq. ft.) of ongoing and forthcoming projects.

Mahindra Lifespaces has pioneered the concept of an integrated business city through ‘Mahindra World City’ developments in Chennai and Jaipur. The Company’s ‘Green’ homes, pan-India presence, and the development of successful integrated cities have all contributed to Mahindra Lifespaces being recognized as a developer with a pioneering spirit. Mahindra Lifespaces is the first real estate company in India to release its triple bottom-line focused Sustainability Report that is based on the Global Reporting Initiative (GRI) framework and received an A+ rating indicating the highest levels of disclosure and transparency. In 2015, Mahindra Lifespaces has been recognized as Regional Sector Leader in Asia by the Global Real Estate Sustainability Benchmark (GRESB), for the second year in a row.

www.mahindralifespaces.com

About Mahindra

The Mahindra Group focuses on enabling people to rise through solutions that power mobility, drive rural prosperity, enhance urban lifestyles and increase business efficiency.

USD 16.9 billion multinational group based in Mumbai, India, Mahindra provides employment opportunities to over 200,000 people in over 100 countries. Mahindra operates in the key industries that drive economic growth, enjoying a leadership position in tractors, utility vehicles, information technology, financial services and vacation ownership. In addition, Mahindra enjoys a strong presence in the agribusiness, aerospace, components, consulting services, defence, energy, industrial equipment, logistics, real estate, retail, steel, commercial vehicles and two wheeler industries.

In 2015, Mahindra & Mahindra was recognized as the Best Company for CSR in India in a study by the Economic Times. In 2014, Mahindra featured on the Forbes Global 2000, a comprehensive listing of the world’s largest, most powerful public companies, as measured by revenue, profit, assets and market value. The Mahindra Group also received the Financial Times ‘Boldness in Business’ Award in the ‘Emerging Markets’ category in 2013.

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For further enquiries please contact:

Deepa Thomas
General Manager, Group Communications
Mahindra Group
Tel: +91 11 4602 4138
Email: thomas.deepa@mahindra.com

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