G l o b a l i z i n g C i t y o f N a g p u r

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S e a o f O p p o r t u n i t i e s

By Rishi Saraf 26-Jan-2018  with a population of around 2.5 million is the 13th largest urban conglomeration in and 114th largest city in world. It is the second capital of . It is a clean & green city providing quality life at reasonable costs, cosmopolitan culture, excellent education, quality healthcare, good law and order situation and excellent civic infrastructure.

 It is a city safe from possibilities of natural disasters, it falls under the safest earthquake zone II, lies O v e r v i e w outside flood related zones, there are no active volcanic zones, and it is more than 1000 kms away from nearest sea coast with no risk of Hurricanes and Tsunamis. o f  Over 200 domestic and 300 international flights fly over Nagpur every day. It has a strategic place on international aviation routes for cargo hubbing. N a g p u r  It is situated at cross-roads of India's North-South and East-West routes by road, rail and air, has all- weather international airport. Over 7000 trucks, 120-140 passenger trains and about 80-100 freight trains cross Nagpur every day.

 Nagpur is a large trading center for a number of commodities and services. Butibori Industrial area situated 15 kms from the Airport is the largest in Asia in terms of area. • A metro rail is being constructed for smooth intra-city commute, South Nagpur (Khapri) route will be operational in 2018 & all routes by 2019. In Phase 2 metro rail is to be expanded to Butibori, , Kanhan, Wadi, and Kapsi. O v e r v i e w • A 706 Kms Samruddhi Expressway is in process of being constructed with South Korean participation from Nagpur to . It will bring down travel time to Mumbai to just 8 hours. It will attract o f agro-based industries and globally competitive manufacturing units to & .

N a g p u r • MIHAN International Airport is to be made. There will be flights operating to various destinations all over the world from here. From an Orange city to the Tiger Capital to a globalizing city, Nagpur is seeing infrastructure like never before, thanks to extremely strong political will to bring it at par with other world cities.

• State & local government policy is focused towards bringing ease of doing business both for industry and real estate sectors. Building plan approvals, conversion of land use, permissions for industry are being made easier & faster.  Vidarbha region, the eastern part of Maharashtra, comprising Nagpur Division and Division has it’s distinct identity. It occupies 31.6% of the total area and holds 21.3% of the total population of Maharashtra. It borders the state of to the north, Chhattisgarh to the east, Telangana to the south and Marathwada and regions of Maharashtra to the O v e r v i e w west. Situated in central India, Nagpur is the largest city of Vidarbha.

o f  Vidarbha has 48.7% of the installed thermal power generation of Maharashtra due to availability of Coal.

V i d a r b h a  It has 80% of the mineral wealth of Maharashtra and is rich in Coal, Limestone, Manganese and Iron ore.

 Major industries in Vidarbha are Power, Synthetic Yarn, Cement, Steel, Engineering, Transmission Tower, Agro & Food Processing. L o c a t i o n • Major crops in Vidarbha region are Cotton, Oranges (largest in Maharashtra), and Soyabean. A g r o • Other crops include Bamboo, Sorghum, Flax Seed, Pulses, Rice, Wheat, Cotton, Red Chillies, Turmeric, Garlic, Ginger, Vegetables and Flowers. F o o d

P r o c e s s i n g • Fruits include Sweet Lime, Papaya, Berries, Banana and Custard Apple. Nagpur is a hub of betel nut business in India. A n i m a l h u s b a n d r y • There are several opportunities in agro-processing, farm-to-fork and animal husbandry.

• Cow & Goat products have high medicinal value and are profitable business. • Prominent companies in food sector include Haldiram, Dinshaws, Ruchi Soya, Ankur Seeds, Suruchi (spices) and ADM Agro.

• Fragrance & Flavour development centre is to come up at Nagpur. A g r o & F o o d • Patanjali's 800 TPD Orange juice plant to start operations by Mar 2018. Their food park at MIHAN will be the biggest in South Asia. It is investing another INR 2,000 crores in neighboring P r o c e s s i n g district.

• Another Orange processing plant, a JV of Jain Irrigation & Coca Cola, is coming up at Morshi in neighboring .

• Nestle is setting up milk processing plant in neighboring dist. Mother dairy is to set up a INR 400 crore plant to raise milk production in Vidarbha.  According to industry experts, the world’s top three car markets will be China, US, India. India can be a big base for exports of parts. We need better FTA with UK, ASEAN and Europe. Countries like Middle east, Africa, Australia can be catered to.

 Currently the entire auto industry in India is located at Gurgaon, and Chennai. According to the A u t o m o b i l e people in the know, there can be a 30-40% savings if an auto-cluster comes up near Nagpur as products related to casting, electrical, fabrication, injection molding and forging can come to this auto component cluster.

 There is opportunity to manufacture electric commercial vehicles, cars & two wheelers. Vidarbha is surrounded by 3 states and the production can be marketed at minimum cost.  Nagpur has a manufacturing facility of the world's biggest tractor manufacturer Mahindra.

A u t o m o b i l e C o s  Ashok Leyland, one of the leading commercial vehicle manufacturer has a plant at Bhandara near Nagpur.

 Ceat Tyres has setup a plant at MIHAN which after expansion will make 1 Lakh tyres/day making it biggest single location tyre manufacturing facility in India.

 Exide is to set up a battery plant at Butibori.  Nagpur is the center of India and also central location between South Africa and North East Asia, Russia and South East Asia, Europe and South East Asia, Europe and Australia. It is a suitable location for international air cargo hubbing. On the domestic front Nagpur has the best location in India from the point of view of sustaining domestic hubbing and can act as a hub for all North, South, East, West traffic in India.

A v i a t i o n  Nagpur is also an ideal location for manufacturing of defense aircrafts & space parts of aircrafts in which Russian government is interested in investing in India. Russia is interested in making investments in defense, aerospace, logistics and warehousing at MIHAN area in Nagpur.

 The Indian Aerospace & Defense sector offers huge opportunities for private companies across the supply chain. There are opportunities in indigenization & outsourcing in manufacturing, reclamation of aircraft and aero-engine parts for the airforce.

 Nagpur is geographically very well located, air traffic utilization can easily bring the city on international map. says Clare Petrich, Board Member, Greater Seattle Trade Development Alliance & Board of Directors (Commission) of the Port of Tacoma.  Boeing has setup a MRO (maintenance, repair and overhaul) facility for Air India, which is said to be one of the most modern in the subcontinent. It will service aircraft such as B-737, B-777 and the Dreamliner. It is expected to service 85 aircrafts every year.

 TAL makes floor beams for Boeing & Airbus at MIHAN in Nagpur. TAL is the only facility outside US suppling ACFB (advanced composite floor beams) for Boeing’s Dreamliners 787-9 & 787-10. ACFB’s A v i a t i o n C o s are being exported to Boeing partners in US, Japan and Italy.

 Dassault Reliance Aerostructure is setting up facility in MIHAN to make components connected to purchase of Rafale aircraft from France. It will have assembly lines & manufacturing facilities for fixed wing aircraft. It will also make components for Falcon 2000 civil jets of Dassault and become part of it’s global supply chain. Production of phase 1 is expect in Feb 2018.

 A JV of SAB & Adani is likely to choose Nagpur for their venture. • India is one of the world’s largest importers of defense equipment.

• To reduce dependence on imports, the Government has opened this sector to the private investment to manufacture the items in India.

D e f e n s e • There are Ordinance Factories in Nagpur and Bhandara, creating potential for manufacturing several items for them.

• Solar Industries, India’s largest manufacturer of Industrial explosives and Explosive initiating systems is setting up an ammunition plant with an investment of Rs 1550 crores to manufacture ammunition for the Armed Forces. • Nagpur is fast becoming an education hub thereby making available a pool of qualified people at reasonable costs for the IT, services and manufacturing sectors.

• Vidarbha region has 27 Engineering Colleges churning out 8700 graduates yearly. Nagpur has E d u c a t i o n H u b renowned institutions like VNIT and LIT.

P o t e n t i a l • AIIMS, IIM, IIIT, NIPER, Maharashtra National Law Univesity, Simbiosys University, Sanskrit University are being setup in Nagpur. ITI is being made a Smart Institute.

• Industrial Robotics (PG Diploma) course has been started in partnership with ABB, Nagpur has potential to be centre of Robotics.

• Opportunities abound for setting up world class education facilities in JV with some of the best universities. Forest Medicine  As per news reports, Tribals are not seen dying of a heart attack, nor seen suffering from diabetes or blood pressure. If they get injured, they use leaves of some trees and they are completely cured quickly. To promote sale of these traditional medicines, shops are being opened by Maharashtra Government and a tie-up with Patanjali is also expected. F o r e s t  People in developed world, being more pro-active, are realizing the harmful side-effects of modern medicine, and looking for alternate medicine. This could be our big opportunity.  India has a lot of knowledge on traditional medicine which are based on natural herbs & plants with P r o d u c e little or no side effects.

Forest Produce  To give a boost to bamboo cultivation, the goverment has through an ordinance omitted bamboo grown in non-forest areas from the definition of trees, allowing it’s felling and transportation without requirement of permits. Bamboo grown in nearby district can be used to make incense sticks & furniture.  Vidarbha region has 1/3rd of the state's cotton production at 6.2 Million MTPA.

 Indorama Synthetics, India's 2nd largest polyester manufacturer is located at Butibori in Nagpur. Morarjee Mills which manufactures & exports some of the best cotton fabric in the country is located here. G a r m e n t s  There are several Cotton ginning & spinning plants and process houses in the region. RSR Mohota Mills, Gimatex, PeeVee textiles are among the large players. Neighbouring Amravati district is a n d T e x t i l e s becoming a major center for textiles with several new plants being set up.

 Indigo Denim manufactures jeans at Butibori. Raymond has plants in neighbouring & Chhindwara and Amravati Dist.

 Garment manufacturing factories can be setup in association with leading designers of the country. • IT which was a major thrust area for Nagpur is finally taking shape. Environment is now conducive for Nagpuri diaspora to return back to the city.

• TCS was the 1st among India’s top IT companies to start operations in 2014.

• TechMahindra was next to start in Nagpur in 2016. They are focused more on value added services. I T & E l e c t r o n i c s • HCL opened it’s software development center in MIHAN this month. They have a unique strategy of going to tier II cities and employing only local people. This helps them get people at a lower cost and lowering the attrition rate.

• Infosys has completed construction of it’s software development center.

• In electronics, the World’s first completely vertically integrated Gen 8.5 LCD fab & glass manufacturing facility is likely to come up at New Additional MIDC Butibori with an initial investment of INR 16,000 crore by LG in JV with Vedanta group. • Several companies from France have invested in Nagpur Smart City project and in Rail project. Korea Land & Housing Corporation has signed an MOU with Nagpur Municipal Corporation for Smart City project of Nagpur.

• Nagpur & Jinan have signed a friendship city agreement. The two cities will carry out co- operation in infrastructure & IT sectors and youth & cultural exchanges. Jinan is a hub for production of medical equipment & for IT. Exchanges in trade & economy, education, sports, science & technology, personnel and health will be carried out. I n t e r n a t i o n a l • Nagpur has been chosen as the first city in India under Equi-City to be funded by European Union. It has been identified as one of the best cities in India in terms of livability, greenery, C o - o p e r a t i o n healthcare, public transport etc.

• There are opportunities for Nagpur & California in developing relations between universities and healthcare services of the two cities says Bill Boerum, Chairman of Sister Cities International USA.

• Chinese delegation which visited much earlier felt MIHAN is an ideal location, their focus sectors being residential, commercial, manufacturing of quality furniture, interiors and LED lights. Delegations of Germany, France, China, Britain, Japan, South Kore, Switzerland have visited Nagpur to explore opportunities in business, trade and civic partnerships.  Logistics Park India is among the early players to create a logistics park in Nagpur. Amazon has it’s warehouse at MIHAN spread over 5 lakh sq ft. John Deree has taken warehousing of about 2 Lakh sq feet in Nagpur & catering to requirement of tractor parts in India & other countries from here. Maruti has setup it’s stock yard at Butibori which takes care of it’s requirements in this region.

 In 2010 Future Group shut 18 warehouses which handled logistics for its apparel biz and consolidated them into one big warehouse at Nagpur. It’s warehouse at Nagpur initially had L o g i s t i c s capacity to handle 100 million pieces p.a. The company invested INR 80 crore in a single sortation unit which can sort 35 crore garments at once.

 CONCOR operates it’s ICD which is located in the city. Distribution Logistics Infrastructure at Borkedi provides inter modal logistics services for export, import cargo and containers from their own ICD.

 A Dry port being made by JNPT at Wardha near Nagpur. This will help imports & exporters. It will give a fillip to Orange, Fruit and vegetable export from the region. Cold storage, warehousing, stuffing- destuffing to be provided here. Khapri being made into a multi modal logistics hub. Totally six logistic areas being developed in Nagpur. • Multimodal International Cargo Hub & Airport (MIHAN) is an ambitious project planned to utilize the locational advantage of Nagpur for Cargo hubbing.

• This SEZ encourages IT companies to setup shop and has estimated that it will generate INR 400 M I H A N Billion in annual revenues and provide employment to more than 1,20,000 people.

• Opportunities in MIHAN include Logistics, Manufacturing, Processing, Infrastructure, Services, IT Park, Health City, Pharma, Hospitality and Tourism.

• It could be ideal location for high-tech manufacturing plants like IT Hardware, Electronics, Mobile & PC manufacturing & assembly, for which India is among the largest importers in the world. • Air India MRO, TAL Manufacturing Solutions, Amazon, Future Supply Chain, Patanjali are among the main companies.

• Several leading IT companies have invested in the SEZ. TCS, Tech Mahindra, HCL, Infosys, Global Logic and Infocepts are among the major players. Persistent systems is located in the city. M I H A N • Patanjali is to start it’s 800 MT per day Orange juice plant by Mar 2018. I n d u s t r i e s • Reliance Dassault JV to start making components for Falcons & Rafale, phase I to start in Feb 2018.

• CANECUS SSSC has taken 50 acres of land at MIHAN SEZ to assemble nano, pico and micro satellites at an investment of Rs 150 crores.

• Lupin which manufactures cardiac and other related drugs, plans to setup a biotech unit here to make enzymes, which will be a major unit making biotech products for exports. US based Awesome products is to invest INR 300 crores in MIHAN to make OTC products in phama. • Vidarbha region has 13 medical colleges providing 3,000 new doctors every year. As per CII-Institute for Competitiveness, Nagpur ranks 5th among 37 cities in health support infrastructure. Nagpur has doctors of global standards. The city already attracts a large number of people from various parts of central India for medical work.

• CIIMS provides treatment in Neurology for which people come from distant areas. National Cancer M e d i c a l Institute is setting up a 470 bedded hospital on Outer Ring Road at Nagpur. AIIMS is setting up state-of- the-art facility which will have 960 beds. T o u r i s m • IUIH Medicity is being built in association with Kings College Hospital London. Phase-1 with a 250 bed hospital is expected to be ready in the year 2019. Nagpur is expected to be the logistics hub for all 11 Medicities and become their manufacturing site for medical equipment & pharmaceuticals. It will eventually have a 1,000 bed NHS standard hospital, a nursing college, medical college, PG college, a hotel, wellness center etc and helipad facility for air-ambulance.

• There is opportunity for setting up hospitals in various specializations in JV with some of the best Hospitals globally. • About 10 million people migrate to cities every year. About 35% of the population in India is young, in the 15-35 years age group. Growing population, rise of nuclear families, rising standard of living, growing aspirations, easy availability of bank finance, stable economic growth contributing to steadily increasing demand. R e a l t y S e c t o r

• Urban population currently 32.7% is expected to rise to 40% by 2030. Residential sector contributes O v e r v i e w to 80% of the realty sector. Huge demand in affordable and medium price range of properties. 20 million urban & 40 million rural houses need to be built under housing for all scheme. Realty is the 4th largest sector in FDI inflows.

• Conducive Government Policy. 100% FDI is permitted for townships & settlements development projects.

• Government plans to build 100 Smart Cities to control migration of people to larger cities. • Prominent developers like Godrej Properties, Mahindra Lifespaces, Tata Realty have built residential properties in the city.

• Singapore government is said to be interested in making residential smart township in Nagpur.

R e a l E s t a t e • Opportunities include secured gated townships with beautiful surroundings offering affordable, mid-priced and high end residences. O p p o r t u n i t i e s • Townships can be developed catering to the needs of the Senior Citizens due to families becoming nuclear.

• Malls offering affordable brands, food & Entertainment, clubs offering leisure, sports and recreation can be made.

• Plots of land with good surroundings can be offered as investment which people like to buy as financial security. • Vidarbha region has 2/3rd of the forest of the state with wildlife, natural beauty of lakes and waterfall which attracts tourists from all over the world.

• Wildlife parks of Pench, Kanha, Tadoba, Nagzira, Navegaon and are located nearby. Nagpur is the Tiger Capital of India due to its close proximity to wildlife parks having large population of T i g e r C a p i t a l tigers and leopards. New entry points to the jungles are being opened from time to time to allow a large number of tourists coming from all over the world. a n d T o u r i s m • An international standard Gorewarda zoo is being built which will be a major tourist attraction for people of central India and for those visiting the national parks for tiger tourism. Indian Safari and an African Safari are also being made.

• A sea plane service from Nagpur to Tadoba tiger reserve is to start service.

• Nagpur has one of the most prominent & sacred monuments of Buddhism- Deeksha Bhoomi. Head quarters of some prominent institutions are located here : • Central Institute of Cotton Research (CICR) • Explosives Department (Chief Controller of Explosives) • Geological Survey of India (GSI) • Indian Bureau of Mines (IBM) • India's Intellectual Property Training Institute • Indian Meteorological Department (Regional office) N a t i o n a l • Jawaharlal Nehru National Aluminum Research and Development Centre. • Manganese Ore India Ltd (MOIL) H e a d q u a r t e r s • Mineral Exploration Corporation Ltd (MECL) • National Academy of Direct Taxes (NADT) • National Academy of Defense Production (NADP) • National Environmental Engineering Institute (NEERI) • National Fire Service Institute. • National Research Centre for Citrus • National Bureau of Soil Survey and Land use Planning • Reserve Bank of India (Gold Reserves of the Country) • Ltd In case you’re interested in investing in real estate or industry at Nagpur feel free to write to us.

Address : 43/B2 Vrindavan, 173 Civil Lines, Nagpur-440001 C o n t a c t U s Phone : +91 9422802385 Email : [email protected]

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