sign in sign up
<<
Home , Dixon Technologies, Fedara, Hero Motors, Irungattukottai, Mahindra Electric, Malavli

Great Places for Manufacturing in World-class Destinations for Multi-nationals

Vol. 1

May 2020 Table of contents

Section I

1. Advantage India: Exploring the economic opportunities in the land of the Great Banyan Tree 7 2. Pan India Location Analysis: Top established and emerging destinations for manufacturing sectors 30

Section II

3. – Aurangabad: ’s New Industrial Belt 44 4. : A unique culmination of IT and Manufacturing 52 5. NH48: Gurugram-Bhiwadi-Neemrana Corridor: India’s Oldest Auto Cluster 60 6. -Greater NOIDA-Yamuna Expressway: India’s Electronics Manufacturing Corridor 68 7. Bengaluru: India’s Silicon Valley 76 8. : Detroit of India | -Chennai-Nellore: The Tri-city Industrial corridor 84 9. : Fostering new innovations in manufacturing sector 96 10. : India’s Emerging Auto Hub 104 11. Vadodara (Bharuch-Ankleshwar Cluster): Country’s Power Engineering and Chemicals Cluster 111

Section III

12. Incentives Snapshot: Structure and Types 120 13. Grounding Investments in India: Key Stakeholders and Investors Checklists 132

Glossary 142 Methodology 146 Sources 147

2 3 Foreword

As businesses worldwide gear up for the “new normal” and developmentcenters for engineering, consumer post COVID-19, India has been steadfastly and proactively internet, biotechnology, and pharmaceuticals to resource cementing its position as a resilient economy with swift intensive industries such as food processing, chemicals & action-oriented decision-making. It has emerged as a petrochemicals. India also attracted large scale investments forerunner for business continuity plans, with its inventory in labor intensive manufacturing processes of electronics, of low risk and asset light models like ready-built industrial textiles, and footwear industries. infrastructure and build-to-suit offering higher capex savings, Poised to become the world’s third-largest consumer market new tax incentives offering increased profitability, and a within the next decade, India can safely be categorized as a domestic market comprising 18% of world population. growth engine for the foreseeable future.

A Stable and Predictable Business Environment About the Report India’s unprecedented rise in the World Bank’s Ease of Doing This handbook is intended for the benefit of India’s existing Business Rankings 2020 to #63 (2019 - #77, 2014 - #142) is and potential investors, and the entire support ecosystem testament to its persistence, drive, and effort to become for grounding investments in India. It is envisaged to be the the world’s business destination of choice. Unparalleled first reference for an entity looking to understand India’s legislative and procedural reforms have been implemented vast manufacturing landscape and its various components, in the last 5 years. This will only gather further pace in the strengths, and layout. coming months as both central and state governments gear up to stimulate the economy and improve their attractiveness The report is organized into 3 sections. The first section for investments across sectors. gives a perspective of the business, macro-economic and demographic overview of India. It also introduces the Most states have created single window mechanisms to manufacturing ecosystem of India, highlighting investor grant permissions within stipulated time and have set facilitation mechanisms and pan-India location analyses for service level agreements to grant permissions within 30 days, select high-priority sectors. with provisions for deemed approval in cases of deviation. Information about industrial parks with plot-level details is The second section is the compendium of the profiles of being provided through GIS platforms. Dedicated relationship 10 established manufacturing powerhouses of India, with managers are being appointed to hand-hold investors glimpses into their existing industrial ecosystem, prominent through the entire project lifecycle. industrial parks and unique strengths. The third and final section acquaints the investor with the dual-tiered incentive India has one of the most attractive corporate income tax structure and introduces key stakeholders in India’s rates for manufacturing and services investments. A special investment landscape. window for manufacturing investments is open till 31 March 2023 with an attractive corporate income tax rate of 17.16%, As India propels ahead on its pro-reform and pro-investment lowest among BRICS. Government of India has signed journey, we welcome you to board the ship and be a part of 300 Advance Pricing Agreements with MNCs to give them its unparalleled and exciting growth story. Every tomorrow assurance on tax structure. of India is better than today, and India is rolling out the red carpet to welcome investors to its shores. India — The Engine for Global Manufacturing Invest India will be your trusted partner at every step Last five years accounted for over half of the FDI received throughout your investment journey in India and shall ensure by India since the liberalization era of early 90s, propelling that every query is responded to by sectoral, functional India to top 3 greenfield FDI destinations. Interestingly, and location experts and that every suggestion reaches the these investments came in diverse sectors ranging decision-makers in the government. from highly sophisticated areas such as R&D centres

Deepak Bagla MD and CEO, Invest India

4 Preface

India is an emerging economy with a young population. COVID-19 and opportunities post-pandemic The nation has witnessed a 257% growth in GDP between 2004-05 and 2018-19. As the 6th largest consumer market The year 2020 presents challenges as uncertainty grips globally and with 49% workforce participation, India ranked the world with the outbreak of COVID-19. While the world amongst the top 10 recipients of overseas investments in continues recovering gradually, industries world over are 2019, attracting $49 billion in inflows. This was a 16% increase revisiting their global supply chain and reworking alternative from the previous year. Over the next decade, we see India business continuity plan. While there has been a growing becoming the global hub for manufacturing through its strong emergence of Southeast Asian countries (especially MITIV) as fundamentals lending well to continued growth. the preferred choice, India has three distinct advantages in this regard: Rooted in its traditional and spiritual ethos, India presents • The recent reduction of corporate taxes for a unique ecosystem of massive size, diversity of resources setting up of new industries (lowest among the MITIV and improved business-friendly policies. The dynamic countries) market economy has risen 78 positions in the ‘Ease of Doing Business’ rankings since 2013. The nation also strives to • Host to Global In-house Centres (GICs) and Global balance rapid growth with its sustainable development Centre of Excellence (GCoEs) for several manufacturing ambition. companies that provide for more robust ecosystem and R&D Destination of choice • The added attraction of a large domestic market along India continues to make a mark on the world map as a with prospects of a manufacturing export hub. manufacturing destination and is home to several major India at the pedestal of a new industrial growth global manufacturers from diverse sectors. Certain geographic clusters have emerged as epicentres for industrial activity, India stands at the pedestal of a new growth curve of rapid which are highlighted by the underlying drivers. industrialisation, driven by technological prowess and In this report, we have covered suitable locations for industrial inventive disruptions. It today hosts the world’s third largest activity, based on sectoral requirements and preferences. This start-up ecosystem and a digital revolution that is powered is done basis a comparative presentation of the incentives and driven by government initiatives percolating to every offered by an extensive repository of industrial locations level of the nation’s growth story. and exploring the major industrial and industry enabling Through this report, we explore why is a great projects, both at the central and federal level. Detailed USPs proposition. What is the India Advantage and where should of each of these industrial hotspots have been presented to you be in India to ride its help investors understand the benefits of each location, and growth story. leverage them while exploring options and opportunities to set up business in India. Happy reading!

Ramesh Nair CEO & Country Head, India, JLL [email protected]

5 Acknowledgement

Invest India and JLL India would like to acknowledge the report with insights on experience of operating out valuable contribution of State Governments for their support, of the various industrial locations in India. Our special insights and data, that has been instrumental in preparing thanks to Hyosung Corporation, Hengli Corporation, Vivo this report. We would like to thank the Industries Department, Mobiles, Haier India, International, BMW India, Industrial Development Corporations and the Investment Mondelez International, Bharat Biotech, Novartis, India, Promotion Agencies of the State Governments of , Colgate India, UNO Minda, Johnson Mathey, Rolls Royce Haryana, Rajasthan, Uttar Pradesh, Maharashtra, , India, GSK Pharmaceuticals and for Telangana, and for their inputs their testimonials. on industrial areas, sector trends and State Government initiatives and assistance with the site visits and interviews. We acknowledge the assistance of all the industry experts who shared their valuable insights on various aspects of the sector We would like to acknowledge the expert opinion and manufacturing ecosystem, including private industrial and feedback given by executives of various multi-national developers and consulting agencies. companies through their occupier testimonials that enrich the

6 Advantage

IndiaExploring the economic opportunities in the land of the Great Banyan Tree

Bandra-Worli Sea Link, Mumbai

7 Large Policy Consumption Smooth Intervention Base Governance

Infrastructure Boost Rich Resource Repository Sustainability Young Labour Force

Growing Digital Regional hub of Penetration & Distribution Technology Adoption

Emerging Global Economy

The Bodhi Tree or Bodhi Fig Tree (“tree of awakening”) is a large and ancient sacred fig tree (Ficus religiosa), located in Bodh Gaya, Bihar, India, under which Siddhartha Gautama, the spiritual teacher who became known as the Buddha, is said to have attained enlightenment or Bodhi.

8 Advantage India 1. EMERGING GLOBAL ECONOMY

Major Growing Economy

GDP of India has expanded by 2.57 times from 2004-05 to 2018-19

Ranks 43rd in Global Competitiveness

Source: IMD World Competitiveness Rankings

Growing Large Economy: India sustained its position as one of the fastest growing large economies in the world. India is expected to break into the world’s largest 3 economies by the next decade. Robust Investment Performance: PE – VC (Private Equity – Venture Capital) investments into India have touched an all-time high within the first 8 months of 2019 with USD 36.7 bn, thereby breaking the previous record of USD 35.8 bn received in the entire year of 2018.

Advantage India 9 2. REGIONAL HUB OF DISTRIBUTION

India is strategically located where it meets the emerging African Nations, the Middle East, ASEAN countries and East Asian economies of China, and South Korea

...... Indian Ocean Maritime Trade Route

Air Connectivity Advantage Within 4 – 8 hrs flying radius of EMEA and Asia

10 Advantage India Logistics & Maritime Advantage

Strategically Located at the Center of one of the most Active Maritime Trade Routes

Large coastline 200+ Major and of 7500+ kms Minor Ports

Multiple Bilateral or Regional Trade Agreements in force with major economies of the world

12 Hours Port Distribution

4 Cities have EXIM potential

Ahmedabad Kolkata

Mumbai

Chennai

Advantage India 11 3. LARGE CONSUMPTION BASE

World’s 6th Largest Consumer Market 31% Urban population

18% Share of Global Population (India’s population: 1.3 bn)

Source: World Bank

3rd Largest Consumer Market by 2030, behind US and China. Consumption expected to quadruple to USD 6 tn by 2030.

12 Advantage India Reaching the length and breadth of the country

8 Cities Reach 90% of India’s population in 12 Hours*

12 Hours Distribution Area

Source: JLL Industrial Research on Network Analysis Tools * 12 Hrs. of Transportation time considering existing road network of India with reasonable travel speed depending upon the type of road (higher achievable avg. speed (40 km/h) on NH and Expressways while lower avg. speed (30 km/h) on SH and other district roads).

Advantage India 13 4. INFRASTRUCTURE BOOST

USD 1.4 tn Investment in Infrastructure Investment Infrastructure over the Equivalent to total GDP of and next 5 years Thailand combined (2018)

Reduce Logistic Cost to 10% of GDP from 14% presently

Mumbai International Airport 14 Advantage India World’s 2nd Largest Network of Roads. Aggressive pace of road construction at 30 kms a day of highways in FY 19.

Bharatmala Pariyojana – Pan-India umbrella programme for optimizing passenger and freight movement and bridging critical infrastructure gaps in roads; 34,800 kms under Phase I to be implemented till FY22.

Logistics Efficiency Enhancement Program (LEEP) – 35 Multi-Modal Logistics Parks being developed.

Industrial Corridors – Corridors for industrial activity with planned greenfield industrial investment nodes. First industrial corridor is under implementation ( - Mumbai Industrial Corridor).

4th Largest Rail Network in the world by size and the largest by passenger traffic.

Dedicated Freight Corridor Project – High speed and high capacity rail corridors dedicated for freight movement. 2 corridors are under construction, 3 have been announced and 1 is in planning stage.

Sagarmala Programme - Accelerate Port- Led Logistics and Infrastructure through greenfield ports, modernizing existing ports, developing 14 Coastal Economic Zones and enhanced coastal connectivity via all modes of transport.

Advantage India 15 MEGA INFRASTRUCTURE Amritsar PROJECTS Eastern Dedicated Freight Corridor Ludhiana Western Dedicated Freight Corridor North-South Dedicated Freight Corridor East-West Dedicated Freight Corridor Delhi East Coast Dedicated Freight Corridor Rewari Dadri Delhi Mumbai Industrial Corridor Jaipur Chennai Bengaluru Industrial corridor Lucknow Guwahati Mumbai Bengaluru Economic Corridor Amritsar Delhi Kolkata Industrial Corridor East Coast Economic Corridor Kandla Ahmedabad Indore Major ports Mundhra Major Nodes Kolkata Khadagpur Metro Cities Haldia Other Major Cities Bhubaneshwar Nagpur Paradip PORTS: Number of Port - 12 major + 205 minor Mumbai Cargo Handled - 699 million MT (Major port), 1,229 million MT (All port) JNPT Pune Visakhapatnam ROADWAYS: Length - 5,594 thousand km Hyderabad National Highway 142 thousand km Mormugao RAILWAYS: Track Km - 123 thousand km Cargo handled - 1,221 million MT : USD $100 billion Programme initiated in 2017 • 3,200 km Dedicated Freight Corridor Mangaluru (Western and Eastern) which was initiated Chennai around 2010 is partially in operation in 2019

• 6,776 km DFC is proposed in 2016 to connect Bengaluru East-West, North-South, East Coast and South-West part of the country

Trivandrum Tuticorin New town, Kolkata

16 Advantage India Advantage India 17 5. POLICY INTERVENTION

Competitive Corporate Tax Rate: 17.16% (for new manufacturing units operational by 2023)

Dividend Distribution Tax abolished in 2020.

Parameter Malaysia India Thailand Indonesia Vietnam India’s Rank in MITI-V Corporate Tax for New Manufacturing 24% 17.16% 20% 25% 20% 1 Industries

Ease of Protecting Minority . . Investors, Index 81 7 80 75 63 3 55 2

Budget Transparency, Open Budget 50 80.8 57.7 53.8 65.4 1 Data Score

Ease of Getting Credit Index 75 80 70 70 75 1

Companies Embracing . . . . Disruptive Ideas* 69 9 59 5 50 55 1 44 7 2

Source: Global Innovation Index 2019, Instead and WIPO; Global Competitiveness Report 2018, WEF.

One Country One Tax through GST Simplified and Consolidated Taxes: Goods & Services Tax (GST), is a single tax on the supply of goods and services, starting from the manufacturer to the consumer that reduced the administrative complications, and simplified the indirect tax system by removal of cascading taxes. It has made India as a unified common market.

18 Advantage India 6. SMOOTH GOVERNANCE

Improved EoDB: Reduced Time to Start Business:

India has improved its EODB Ranking For various procedural reforms, investor may save from 142 (in 2015) to 63 (in 2019). Ranks their implementation time in various stages, which in which India improves significantly are: inter alia includes: Starting Business: from 158 to 137 Starting a business: 28.4 days to 18 days Dealing with Construction Permit: from 184 to 27 Procedure time to Start business: 158 days to 137 days Getting Electricity: from 137 to 22 Time for obtaining construction permits: Getting Credit: from 36 to 25 185.9 days to 106 days Trading Across Border: from 126 to 80 Time for Electricity connection: 105.7 days to 53 days

IEMs Implemented USD $105 Bn (Apr, 2015 – Oct, 2019) more than doubled from USD $39 Bn (2010 – 2014)

Top 10 Improvers in EoDB Rankings: India is the only country in the world to rank among the top 10 improvers for the third consecutive year, as per the latest Ease of Doing Business rankings released in 2019

Improved Ease of Business & Growing Investment Inflows Foreign Direct Investments India, 2013-19 (US$ Bn) More than half of all FDI has come in last 5 years 2013 2014 2015 2016 2017 2018 2019 World Bank’s 63 60.2 61.0 62.0 Doing Business 55.6 77 Rankings 2013-19 45.1 100 36.0 79 27.2 Positions 130 130 134 Jump 142 Improvements Since 2014

FY13 - 14 FY14 - 15 FY15 - 16 FY16 - 17 FY17 - 18 FY18 - 19 H1 FY - 19 - 20

https://dipp.gov.in/sites/default/files/FDI_Factsheet_4September2019.pdf

Advantage India 19 7. RICH RESOURCE REPOSITORY

Barring Petroleum (Crude and other products), India’s raw material imports are significantly less, indicating a Strong Indigenous Availability of Primary Raw Material for manufacturing and Lower Cost incurred

Natural Resources: Large reserve for iron ore, manganese, mica, bauxite, rare earth elements, titanium ore, chromite, natural gas, diamonds, petroleum, limestone, arable land.

Largest Copper 4th largest reserves in the world reserves of Coal

7th largest reserve of 4th largest reserves in Manganese Ore the world of Zinc

Largest reserves of 5th largest reserves of Thorium Bauxite

3rd largest reserves in the world of Iron Ore

20 Advantage India Agricultural Resources: India is a major producer of agricultural products and has huge opportunity in Food Processing sector.

Largest producer of Milk Largest producer of Fruits & Vegetables

2nd largest producer Pulses

25% of world’s Cotton production

Advantage India 21 8. YOUNG LABOUR FORCE

Skilled and available Labour 49.8 % Labour Force Participation Rate in 2018 Large young population & workforce (85% of Population Below 55 years)

Highest Science and Engineering Graduates: India boasts of one of the largest education systems in the world, comprising of approx. 8mn students enrolled in Science, Technology & Engineering

22 Advantage India 100+ 9-99 90-94 72% 8-89 popuation 80-84 Woring ge 7-79 70-74 Massive Demographic Dividend1 -6 yrs -9 0-4 -9 0-4 72% 4-49 100+ 72%popuation population 40-44 9-99 WorkingWoring Age g e -9 1 -6 yrs 0-4 90-94 (15 -65 yrs) 2-29 8-89 20-24 72% 1-19 popuation 80-84 10-14 7-79 -9 Woring ge 0-4 70-74 1 -6 yrs -6.% -.% -2.% .% 2.% .% 6.% -9 Mae emae 0-4 -9 0-4 72% 4-49 popuation 40-44 Woring ge -9 1 -6 yrs 0-4 2-29 20-24 1-19 10-14 -9 0-4

-6.% -.% -2.% .% 2.% .% 6.%

Mae emae

Young and Growing Workforce: With a median age of 29 in 2020, India entered the 37-year Period of Demographic Dividend in 2018. India’s working-age population is anticipated to expand to almost 1/5th of the Global Labour Force within the next 10 years.

23 Advantage India 23

9. GROWING DIGITAL PENETRATION & TECHNOLOGY ADOPTION

Over 600 million Internet Users in Readying for Industry 4.0: The India. 44x increase in data consumption government has been propagating radical during 2015-19. digitisation to impel economic inclusiveness and social transformation, through many initiatives like India is home to the world’s 3rd , Make in India and India is now readying for an era Largest Startup Ecosystem, having . of increased digitisation, heralding the advent of added over 1,300 tech startups in 2019. Industry 4.0, powered by new age technologies such the Internet of Things, Artificial Intelligence, Number of Indian Unicorns could increase and Robotics. to 95-105 by 2025*. *Source: NASSCOM

3rd Largest Tech Startup Hub; after US and China

Future R&D Powerhouse of the World: Host to over 40% the world’s Global In-house Centers (GICs) are located in India and is the 7th largest patent filing office in the world as per WIPO.

24 Advantage India 10. SUSTAINABILITY

India has pledged to climate change at the Paris Agreement

33% to 35% below 2005 emissions intensity of GDP by 2030

Renewable energy share, 40% of cumulative power generation by 2030

Shifting from conventional technology in auto sector to Electric Vehicles through FAME II Policy

Special impetus to

Advantage India 25

COVID-19 & OPPORTUNITIES POST-PANDEMIC

India - an alternative Business As multinationals rethink their sourcing plans and Continuity Plan destination re-organize supply chains, India is one of the most viable locations for Business Continuity Plans (BCP).

India stands at the pedestal of a new growth curve India, on account of its large domestic market and of rapid industrialisation. In the COVID-19 pandemic low cost production base, is well-positioned to scenario, India has projected a more resilient and host new investments in a range of sectors such diversified economy to fight the crisis and projected as Textiles & Apparels, Electronics & Consumer as a major attractive destination. Appliances, Pharmaceuticals, Medical Devices, Automobiles & Components, Capital Goods, Electrical Machinery, Footwear & Leather products, Chemicals & Petrochemicals, Food Processing, Plastic Products, Telecom Equipment, etc.

India’s distinct advantages:

• The recent reduction of corporate taxes for setting up of new industries (lowest among the MITI-V countries)

• Host to Global In-house Centres (GICs) and Global Centre of Excellence (GCoEs) for several manufacturing companies that provide for more robust ecosystem and R&D#

• GICs in India now number about 1,100, employing more than 800,000 individuals and generating approximately $23 billion in revenue.##

• Very large domestic market - as big as 18% of world population along with prospects of a manufacturing export hub to the rest on 82%.

*Grade A & Grade B spaces in top 8 cities.: NCR Delhi, Ahmedabad, Kolkata, Mumbai, Pune, Hyderabad, Bengaluru & Chennai # NASSCOM Report ## GIC REPORT 2018, Peepal

26 Advantage India PLUG-N-PLAY RE-LOCATION FACILITIES

Indian industrial real estate market has undergone High-end Specifications a remarkable transformation since 2017:

• Attracting USD $10 billion of foreign capital and • Pre-constructed / Ready infrastructure: several professionally managed companies. Standard specifications include – Min. 13 metres height, Min. 6 tons per sq metres floor strength, • New innovative models for accelerated market Plinth height of 1.2 metres above ground, entry for foreign players with asset light and low provision for mounting cranes, etc. risk options.

• Built-to-Suit: Plinth Ready and ground-up New Innovations — Low Risk construction and delivery as per tenant and Asset Light Models requirements within 6 – 9 months Ready Built Factories: Higher CAPEX Savings India currently has an inventory of approx. 22 mn Sq Ft* of ready built industrial space ready Rented factories for lease tenure of 9 years and to be occupied in 6 to 8 weeks (including rent-free above (Monthly rent payable) can reduce the spend fit-out period) in all major manufacturing clusters. on land and building significantly, thus reducing capital investment in the short term. This reduces Institutional industrial built space by developers pressure on parent entity to infuse large initial spread across country is well poised to cater to equity tranches in Indian subsidiaries. Conversion manufacturing needs apart from host of other of CAPEX (land & building) to OPEX (rent) allows regional players. usage of several debt channels for financing India operations.

IndoSpace Industrial & Logistics Park, Key Institutional Industrial Developers AllCargo, Apeejay, Ascendas Firstspace, Embassy Industrial Parks, ESR, Hiranandani, Indospace, Jalan, KSH, Logos, Mahindra World City, Welspun One

*Grade A & Grade B spaces in top 8 cities.: NCR Delhi, Ahmedabad, Kolkata, Mumbai, Pune, Hyderabad, Bengaluru & Chennai

Advantage India 27

LOWER COST TO SERVE FOR GLOBAL CLIENTELE

Ultra-fast Approvals: • Exemption/Deferment of Customs Duties under several schemes such as Special Economic • Most state governments are offering all Zones and Bonded Manufacturing. approvals to start factory establishments within 30 days. Ready built factories are already pre- approved for new investments. Fast Improving Business Environment: • Non-polluting industries categorized as White Industries relaxed from several permissions. • Indian is 7th largest country by area and 2nd largest by population. Only 4 countries in • All states offer permissions through online ASEAN are bigger than India’s largest state platforms with proper tracking mechanisms. in size.

• India has repealed over 1,000 regulations in the Increased Profitability through last 5 years to reduce compliance burden on Tax Incentives: investors. • Large scale infrastructural investments directed • Three-year special window to book lowest towards intra-country connectivity and as Corporate Tax of 17.16% for new manufacturing industry enablers. units operationalizing before 31 March 2023 among MITI-V countries. • Multitude of FTAs with several countries or group of countries. • Attractive incentives to boost capital expenditure, increase production, employment • Only a handful country in the world offer a creation and encourage exports. bigger canvas than India.

IndoSpace Logistics Park, Luhari

28 Advantage India STRONG BASE OF MULTI-NATIONALS ACROSS INDIAN STATES

India: Destination of choice NOTE: 1 Incudes industrial area of 3 Includes Aurangabad for several multi-national Manesar – Neemrana – 4 Includes Anantapur Bhiwadi & NIODA – 5 Includes SriCity companies already Greater NOIDA 6 Includes Kharagpur - Haldia 2 Includes Vadodara India is home to several large multi-national LUXEMBOURG manufacturing companies and even hosts CHINA SOUTH KOREA UNITED STATES OF dedicated Investment Zones from companies from FRANCE SWEDEN AMERICA GERMANY SWITZERLAND select countries creating a familiar ecosystem. JAPAN TAIWAN

Manufacturing Companies by Country of Origin

Samsung Yamaha Lotte Gillette Doosan Honda LG Suzuki BBK Electronics Daiichi Corp Mitsubishi

NCR Delhi1 Unicharm Schneider (Dedicated Japanese Nestle GE & Korean Investment Bosch Bombardier Zone) Honda SAIC Motor Suzuki Corp. Ford Ahmedabad2 (Dedicated Japanese Investment Zone) Kolkata (German Investment Mitsubishi Chemical Basf Posco Liebherr Cluster) Arcelor Mittal D&E Etienne Aigner Hyosung Rolls Royce Marine Mumbai3 Pune Pepsico Tommy Hilfiger LG Mercedes Benz (German Investment Honeywell Hitachi BMW Bosch Cluster) Volkswagen Siemens Hyderabad Hyundai R&D Lockheed Martin (Dedicated Japanese Chennai5 Google Sikorsky Investment Zone) (Dedicated Japanese Microsoft Dupont Investment Zone) Amazon Novartis Toyota Volvo Doosan Scania R&D Boeing R&D Bengaluru4 Hyundai Renault-Nissan Google Airbus R&D (Dedicated Japanese Samsung Kellogg’s Microsoft LG Investment Zone) Lotte Mondelez Winstron KIA Motors Ford Alstom Daimler Chrysler Foxconn

Note: This is not an exhaustive list, but select key existing manufacturing units in the country.

Advantage India 29 Pan-India Location Analysis Top established and emerging destinations for manufacturing sectors

Qutub Minar, New Delhi

Exploring India’s Manufacturing Destinations 31 Certain sectors in India have emerged as hotbeds for FDI in the last few years. The manufacturing activity in these sectors is located not only across established traditional manufacturing hubs but is also spreading to some new and upcoming industrial areas, which are joining the list of manufacturing hotspots for the sector.

32 Pan-India Location Analysis INDIA: THE EMERGING MANUFACTURING POWERHOUSE

Manufacturing Seedbed: India is among the top 10 countries with the highest industrial output

Continuous Pro-Investor Reforms: India has jumped 79 ranks in The World Bank’s “Ease of Doing Business” rankings during the period 2015-2020 (2015: Rank 142, 2020: Rank 63)

TOP SECTORS BY FDI INFLOW FY 2015-19 FDI USD $ bn Sector FDI Limits (% of total) Computer Hardware & Software 24.4 (12.06%) 100% under Automatic Route

Telecommunications 18.7 (9.22%) 49% under Automatic Route; Government route beyond 49%

100% under Automatic Route for construction development and Construction (Infrastructure) 12.2 (6.04%) industrial parks

Automobile 11.6 (5.72%) 100% under Automatic Route

Chemicals (other 100% under Automatic Route 6.9 (3.42%) than Fertilizers) (except certain hazardous chemicals) 100% FDI under Automatic Route for generation from all sources (except atomic energy), transmission and distribution of electric energy and Power 5.4 (2.68%) Power Trading 49% under Automatic Route in Power Exchanges 100% under Automatic Route for tourism construction Hotel & Tourism 5.2 (2.59%) projects, including the development of hotels, resorts, and recreational facilities

100% under Automatic Route for renewable energy generation and Non-conventional Energy 4.8 (2.38%) distribution projects

Electrical Equipment 4.7 (2.33%) 100% under Automatic Route for electrical machinery

100% under Automatic Route – Greenfield Drugs & Pharmaceuticals 4.4 (2.17%) 74% under Automatic Route – Brownfield; Government Route beyond 74%

Excludes Services, Trading and Information and Broadcasting Automatic Route: Under the Automatic Route, the foreign investor or the Indian company does not require any prior approval from the Reserve Bank or Government of India Government Route: In this route, there is no investment without the prior approval of the Government of India.

Pan-India Location Analysis 33 OTHER NOTEWORTHY SECTORS

Electronics sector, a major driver of the Digital India Mission, is a thrust area of the Government, as India looks to substitute imports by domestic production and strengthen it’s share of global ESDM manufacturing. This is reflected in the growing FDI flows in the sector. 100% FDI under Automatic Route except Defence electronics (49% under Automatic Route; Government route beyond 49%

Engineering and Capital Goods Engineering exports comprise 36% of India’s manufacturing-led exports and 25% of India’s merchandise exports. The capital goods sector constitutes 12% of overall manufacturing in India. 100% FDI under Automatic Route for Capital Goods

34 Pan-India Location Analysis PAN INDIA MANUFACTURING ZONES SNAPSHOT India Map with all 44 industrial zones identified in the survey

Amritsar – Jalandhar – Ludhiana

Solan – Baddi Rudrapur – Kashipur Sonipat – Panipat Pantnagar

Nh 48 (Manesar – Noida-Greater Neemrana) Noida-Yamuna Expressway Jaipur Lucknow – Kanpur Guwahati

Asansol – Kandla – Mundra Durgapur Ahmedabad Bhopal Ranchi Kolkata Vadodara – Indore Bharuch Haldia – Tajpur Nagpur Durg – Bhillai – Hazira – Vapi Paradip Aurangabad

Mumbai Pune Hyderabad Visakhapatnam Jaigad Vijayawada

Hubli – Dharwad Anantpur Tirupati – Sricity Bengaluru Chennai

Coimbatore – Salem – Tirupur Industrial Location Kochi – Industrial belt/ cluster Trivandrum Thoothukudi

Pan-India Location Analysis 35 CHEMICALS & PETROCHEMICALS

Market Size (FY18): USD $ 165 bn Policy Support: Expected to be $304 bn by 2025 (CAGR: 9%) PCPIRs: 4 all over India Total Production (FY18): 47.882 MMT Plastic Parks: 10 all over India (Alkali chemicals: 69%) Central Institute of Plastics Engineering & Technology (CIPET): 36 all over India; 5 more upcoming

Region, State PCPIR?** Major Occupiers Port / Dry Port Connectivity Remarks Gujarat Maritime Board Old Port* Strategic Position: Within DMIC influence zone, as its situated Marine Shipuilding Park* within 50 kms of the DFC

Yes. Most Captive Jetties Well established hub: RIL, OPaL, ONGC, GACL, Petronet ONGC Petro additions Dahej, Gujarat successful Reliance Liquid Fuel Jetty* LNG, BASF, ABG, Adani, Welspun, Godrej & Boyce, GAIL, GSPC, Limited (OPaL) PCPIR project Birla Copper Bulk Cargo Jetty* Pidilite, Grasim, NOCIL, China Steel among others Deep Sea Discharge Facilities available Private Ports Kandla Mundhra Adani Port* Kolkata Dahej GCPTCL Liquid Chemical Terminal*LNG Petronet’s LNG port* Haldia Mumbai Paradip Established Hub for sectors including chemicals, JNPT Patalganga Manufacturing petrochemicals, pharmaceuticals and textiles, among others. Rasayni - Patalganga Visakhapatnam - Patalgang,-Rasayani Mumbai Port (major port)* Kakinada No Division (PMD) of Reliance Mormugao - (Maharashtra) NPT (major port)* Industries Ltd. (RIL) Presence of players such as , Petronas, Castrol, Bombay Mangaluru Ennore Dyeing, Alkyl Amines, Balaji Formalin etc. Chennai Cuddalore Yes (PCPIR Kochi Chennai Petroleum (major port) Presence of players such as Tanfac Industries, , Tuticorin Major Ports identified), but Clusters Cuddalore, Tamil Corporation Ltd. (CPCL) Ennore Port (major port) Bayer MaterialScience, Chemplast in Cuddalore, and established Nadu refineries at Chennai Port players such as Saint Gobain, Asahi in chemicals cluster and Nagapattinam Cuddalore Port* near Chennai. outside PCPIR SECTOR SNAPSHOT

Hindustan Petroleum Corporation Ltd. (HPCL) led AP PCPIR covers 6 existing SEZs 9.9% Share of exports Vishakhapatnam Port (major port)* (excl. pharma) 2018-19 consortium with Total, Oil Gangavaram Port* Deep Sea Discharge Facilities available Vizag-Kakinada, Yes India, Saudi Aramco and Gas Kakinada Port* Situated offKrishna-Godavri basin, a rich reservoir oil Andhra Pradesh Authority of India Ltd. (GAIL); and gas reserves. Krishnapatnam Port; 7.99% Share of existing Visakha Refinery GMR is developing a greenfield captive port at Kakinada manufacturing GVA 2017-18 (undergoing expansion) Largest consumer of Paradip Port (major port)* Exclusive Plastics Park at Paradip Gopalpur industrial area & 3rd Paradip, Odisha Yes polymers in world Ltd. (IOCL) Dhamra Port SEZ in vicinity.

3rd Largest producer of chemicals in Asia by volume; 6th in world

**PCPIR or Petroleum, Chemicals and Petrochemicals Investment Regions is and export led production, along with associated services and infrastructure. Established Emerging *within 100 kms a specifically delineated investment region with an area of minimum 250 sq. Each PCPIR would have a refinery/petrochemical feedstock company as an km. planned for the establishment of manufacturing facilities for domestic anchor tenant.

36 Pan-India Location Analysis Pan-India Location Analysis 37 AUTOMOBILE & AUTOMOBILE COMPONENTS

Market Size (FY19): Policy Support: To make India an EV Hub 26.27 mn vehicles sold; 30.92 mn produced FAME (Faster Adoption and Manufacture of Automobile Mission Plan 2016-26: USD $ 300 bn (Hybrid and) Electric Vehicles) Scheme industry by 2026 (world’s 3rd largest by volume) National Electric Mobility Mission Plan 2020

Region, State Major Occupiers Port / Dry Port Connectivity Highway Connectivity Remarks

Fiat, GM, Volkswagen, Mercedes-Benz, , , JLR, Mumbai Port (major port); NH48 (Delhi-Chennai) Maharashtra accounts for ~35% Pune-Aurangabad, Mahindra & Mahindra, Skoda Auto, Goodyear Tyres, Balkrishna Tyres, Duro JNPT (major port) NH65 (Pune-Machlipatnam) of India’s output of automobiles Maharashtra Valves, , JCB, Sany, John Deere, Continental, Minda, Carraro ICD Dighi* Proposed Samruddhi Corridor by value.

Manesar-Gurgaon

Chennai- Part of Chennai and Chennai Port (major port)* Kandla Sriperumbudur- Hyundai Motor, Schwing Stetter, Daimler Commercial Vehicles, Renault- NH48 (Delhi-Chennai) surrounding areas, which are Sanand-Mandal- Ennore Port (major port)* Mundhra Becharaji Oragadam, Tamil Nissan, Yamaha Motors, Bharat Benz, Eicher, , BMW, Royal NH32 (Chennai-Nagapattinam) popularly nicknamed “Detroit Kolkata Kattupalli Port* Haldia Nadu and SriCity, Enfield, Isuzu, Komatsu, Ford, TAFE, CEAT Tyres NH16 (Kolkata-Chennai) of India”, due to the large Krishnapatnam Port Mumbai Aurangabad Paradip Andhra Pradesh presence of auto industry. JNPT Pune Visakhapatnam Mormugao - Goa

ICD Gurugram (Garhi-Harsaru)* Mangaluru Ennore Manesar- Home to the first and largest Chennai , Honda Motorcycle and , Suzuki Powertrain, Suzuki ICD Faridabad (ACTL)* Bengaluru Faridabad- NH48 (Delhi-Chennai) plant of India’s largest Motorcycle, , Mitsubishi Electric Automotive, Harley Davidson, ICD Rewari* Gurugram, KMP Expressway automobile manufacturer – Kochi Yamaha Motors, JCB, Ecorts Tractors, Minda ICD Patli* Tuticorin Major Ports Haryana Maruti Suzuki. Clusters ICD Ballabhgarh*

SECTOR SNAPSHOT Kandla Port (major port) ~102 sq. kms. of MBSIR (Mandal Mundra Port Connected through SH to NH8-A Bechraji Special Investment Sanand-Mandal- Tata Motors, Ford Motors, Suzuki Motors, Honda Motorcycle and Scooter Hazira Port (Mandwi-Ahmedabad Region) being developed as an Share of exports Bechraji, Gujarat 4.9% ICD Sanand (Thar Dry Port)* in Gujarat) industrial hub, including a 2018-19 ICD Khodiyar* Japanese zone. 7.5% Share of GDP 2017-18 Karnataka is the first state Largest manufacturer of Chennai Port (major port) NH48 (Delhi-Chennai) in India to roll out an 1st Bengaluru-Bidadi, Ennore Port (major port) NH44 (Srinagar-) tractors, 2-wheelers & 3-wheelers Toyota Kirloskar, Mahindra Reva Electric, TVS Motors, Ashok Leyland, and Energy Karnataka and New Mangalore port (major port) NH948 (Coimbatore-Bengaluru) in world Continental Storage policy. Hosur, Tamil Nadu ICD Whitefield* NH648 (Dobbaspet, Karnataka ICD Hosur* to Hosur, Tamil Nadu) It is also the R&D hub of India Largest manufacturer; with 400+ R&D institutes. 4th 2nd largest bus manufacturer globally

Pithampur, near Indore, Madhya Pradesh is an auto cluster with the KIA Motors established its first factory in India at Anantapur – Gudipalli, Established Emerging *within 100 kms presence of players such as VE (Volvo-Eicher) Commercial Vehicles, Man Andra Pradesh in 2019. KIA Motor’s supplier base is also establishing its Trucks, Mahindra 2-wheelers, Force Motors, Bridgestone Tyres, Caparo India, base in the vicinity. Liugong, Pinnacle Auto, JBM etc.

38 Pan-India Location Analysis Pan-India Location Analysis 39 DRUGS & PHARMACEUTICALS

Market Size (FY18): USD $ 36.7 bn Policy Support: Expected to be $55 bn by 2020 Cluster Development Programme: 20% share of global supply volume of 6 pharma parks in the pipeline generic medicines

Region, Airport State Major Occupiers Port / Dry Port Connectivity Highway Connectivity Connectivity Remarks

NH44 (Srinagar-Kanyakumari) Vishakhapatnam Port Hyderabad contributes 40% of the total Indian Novartis, GSK, Alembic, Biological NH765 (Hyderabad to Thokapalle, (major port); bulk drug production and 50% of the bulk drug E, Du Pont, , Andhra Pradesh) Baddi-Solan Hyderabad- Gangavaram Port; Hyderabad exports. Ashland, Insud Pharma (Chemo), NH65 (Pune-Machlipatnam) Medak, Kakinada Port; International Genome Valley in Hyderabad is the first and Mylan, TCI, Laurus Labs, Adama, NH163 (Hyderabad to Telangana Krishnapatnam Port Airport systematically planned and developed cluster Dr. Reddy’s Laboratories, USP, Bhopalpatnam, Chattisgarh) Kandla ICD Sanathnagar* dedicated to life sciences in India. Ahmedabad- Bharat Biotech, Piramal NH161AA (Bhongir-Sangareddy Mundhra CFS Kukatpally* Vadodara Kolkata in Telangana) Pharma City being planned. Haldia Mumbai Paradip JNPT R&D Hub of India with 400+ R&D institutes, and Visakhapatnam NH48 (Delhi-Bengaluru-Chennai) Mormugao - Goa Hyderabad Chennai Port (major port) 35 Clinical Research Organisations and 12 Adverse AstraZeneca, GSK, , Cipla, NH44 (Srinagar-Kanyakumari) Bengaluru Bengaluru, Ennore Port (major port) Drug Reaction Reporting Centres. Mangaluru Ennore Mylan, Himalaya Drug Company, NH948 (Coimbatore-Bengaluru) International Chennai Karnataka New Mangalore Port (major port) Bengaluru Kemwell, Novozymes, Merck NH648 (Dobbaspet, Karnataka to Hosur, Airport Karnataka contributes ~12% of India’s ICD Whitefield* Tamil Nadu) pharmaceutical exports and ~10% of India’s Kochi Tuticorin Major Ports pharmaceutical revenues. Clusters

Vadodara and 40% of machinery for India’s pharma sector is Zydus Cadila, , Kandla Port (major port) Ahmedabad- NH48 (Delhi-Ahmedabad-Chennai) Surat domestic manufactured in Gujarat. Torrent Pharma, Glenmark, Mundra Port SECTOR SNAPSHOT Halol- NH228 (Ahmedabad-Dandi in Gujarat) Airports, Gujarat has 550+ WHO compliant Alembic, Dishman Group, Hazira Port Vadodara, NH947(Sarkhej-Okha in Gujarat) Ahmedabad manufacturing units of ~1,200 units in India. Claris Lifesciences, Intas ICD Sanand (Thar Dry Port)* Gujarat Ahmedabad-Vadodara Expressway International Biopharmaceuticals ICD Khodiyar* Gujarat is the world’s largest producer of 4.4% Share of exports Airport contraceptive pills. 2018-19

Ranbaxy, Dr. Reddys Labs, Abbott, Baddi, Solan Shimla Airport, Himachal Pradesh meets more than 1/3rd Largest vaccine producer, Pfizer, Glenmark, Morepen Labs, 1st district, NH105 (Pinjore, Haryana to Swarghat, demand of demand for pharmaceuticals in Asia. Unichem Labs, Torrent Pharma, ICD Baddi* largest provider of generic Himachal Himachal Pradesh) International Alliance World India, Cipla, Zydus Proposed bulk drug pharma park in Kripalpur medicines globally Pradesh Airport Cadila, Alembic, Wokhardt in Solan. 3rd Largest pharma industry by volume in world Goa contributes ~10% of India’s pharmaceutical Toyota Kirloskar, Mahindra Marmagao Port (major port)* Goa Goa (Union NH66 (Panvel, Maharashtra to Cape output. Reva Electric, TVS Motors, Ashok New Mangalore Port (major port) at international 3,000+ Pharma companies Territory) Comorin, Tamil Nadu) Leyland, Continental ~350 kms Airport The Goa pharmaceuticals industry is growing at a with 10,500+ manufacturing facilities rate of 15% annually.

Indore, Madhya Pradesh with players such as Cipla, Lupin, , GSK, Glenmark, Ranbaxy etc. and contributes ~20% to India’s pharma output. Established Emerging *within 100 kms Glenmark, Mylan etc. is also a notable cluster. Vizag, Andhra Pradesh is an emerging cluster with an established pharma Maharashtra has multiple scattered clusters such as Pune, , Tarapur, city (Mylan, Laurus Labs, Biocon, Aurobindo Pharma etc.), and a proposed Aurangabad etc. with players such as Wockhardt, Lupin, Cipla, Merck, J&J, second pharma city.

40 Pan-India Location Analysis Pan-India Location Analysis 41 ELECTRONICS & CONSUMER APPLIANCES

Market Size (FY18): $65 bn Policy Support: (production) Electronic Manufacturing Clusters Scheme Expected to be $400 bn by 2025 (CAGR: 32%) National Policy of Electronics 2019, to support & Appliance Industry in the achievement of $400bn turnover by 2025 India: 5th largest by 2020 Phased Manufacturing Program

Port / Region, State Major Occupiers Dry Port Highway Connectivity Airport Connectivity Remarks Connectivity

Vivo, Haier, , Samsung, Biggest and accessory manufacturing hub of India – LG, , , NOIDA-Greater NOIDA 2/3rds of India’s mobile phones manufacturing NOIDA-Greater , GTN, ICD Dadri* Noida Expressway Delhi International Airport, in NOIDA-Greater NOIDA. NOIDA-Yamuna Labanyo Electronics, Million ICD Loni* FNG Expressway Expressway, Club Manufacturing, Intex ICD Khurja* Upcoming Jewar International Samsung factory in NOIDA: is world’s largest mobile NH44 (Srinagar-Kanyakumari) Kandla Uttar Pradesh Technologies, Dixon Technologies ICD Modinagar* Airport manufacturing facility. Mundhra Ahmedabad Multiple NH in vicinity to Delhi Kolkata (Padget), Bingo Mobiles Tech, Haldia Significant investments by Chinese, Korean and Japanese investors. Holitech Technology Mumbai Paradip JNPT Pune Visakhapatnam Mormugao - Goa

Mangaluru Ennore Chennai Port NH48 (Delhi-Chennai) Chennai Foxconn (including Sony), Chennai- (major port)* NH32 (Chennai- Sri Venkateswara Mobile and Electronics Manufacturing Flextronics, , Xiaomi, Tirupati Airport (granted Kochi Sriperumbudur, Ennore Port Nagapattinam) Major Ports Samsung, Bluestar, , Hub and EMC-II are dedicated industrial areas for electronics in Tuticorin Tamil Nadu and (major port)* NH16 (Kolkata-Chennai) international upgrade), Clusters , , Lava, Karbonn Tirupati. -Tirupati, Kattupalli Port* NH71 (- Mobiles, Dixon technologies, Chennai International Airport Andhra Pradesh Krishnapatnam Naidupeta in Andhra Significant hub for manufacturing of consumer appliances. , TCL electronics Port Pradesh) in vicinity of Sri City SECTOR SNAPSHOT

3.9% Share of exports Pune (Chakan, LG, Jabil, , Whirlpool, Mumbai Port NH48 (Delhi-Chennai) 2018-19 Noteworthy hub for manufacturing of consumer electronics with )- Bosch, Videocon, Bharat (major port); NH65 (Pune-Machlipatnam) Mumbai International Airport several international brands of Refrigerators, Air conditioners, Aurangabad, Electronics, Corning, Haier, JNPT (major port) Proposed Samruddhi Pune International Airport Washing machines being manufactured. 2nd Largest mobile handset Maharashtra Honeywell ICD Dighi* Corridor manufacturing nation

20 Greenfield EMCs approved Kandla Port Ahmedabad and have been notified as EMCs. till FY19 (major port) NH48 (Delhi-Chennai) Mundra Port NH228 (Ahmedabad-Dandi Prantij (60 kms from Ahmedabad) to have 2 semiconductor wafer Ahmedabad- Bluestar, Hitachi, Voltbek (JV of Ahmedabad International Hazira Port in Gujarat) fabrication manufacturing facilities by Hindustan. Sanand, Gujarat and Arcelik), Bosch Airport ICD Sanand NH947 (Sarkhej-Okha in 201 Applications approved (Thar Dry Port)* Gujarat) Semiconductor Manufacturing Corporation, along with ST under M-SIPS FY19 ICD Khodiyar* Microelectronics and Silterra.

2 Electronic Manufacturing Clusters have been approved at E-City and Maheshwaram at Hyderabad, Telangana Established Emerging *within 100 kms

42 Pan-India Location Analysis Pan-India Location Analysis 43 Mumbai - Aurangabad Maharashtra’s New Industrial Belt

Ship Docked at JNPT, Mumbai

45 Mumbai is the financial, commercial and entertainment capital of India. Aurangabad is surrounded by the industrial areas of Chikhalthana, Shendra & Waluj MIDC and has been a growing industrial node of Marathwada region.

Scan QR code to access key websites

Maharashtra Industries Maharashtra Industrial Maharashtra Industry Department Development Corporation Trade & Investment Govt. of Maharashtra (MIDC) Facilitation Cell (Maitri)

Chattarpati Terminus 46 Mumbai - Aurangabad STATE SNAPSHOT

GSDP Growth HDI Rank (2018): (FY 18): 7.5% 5th Rank

Logistics Performance 2nd Rank; INR 2,495 Bn Index of State: 3rd Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State State’s contribution to India’s (FY 18): 26,393; 3rd Rank Exports (FY 19): 22.3% Note: Excludes Union Territories Maharashtra contributes:

35% of India’s outout of 20% of india’s automobile by value software exports

17% of India’s 20% of India’s chemicals production pharmaceutical output

Mumbai - Pune Expressway: Highest FDI inflow (30% of all FDI during 2000-19) Facilitates ease of access to JNPT from various cities in Maharashtra, including Pune

Hosts 2 major ports JNPT (Jawaharlal Nehru Port): & 53 minor ports Largest container port in India, Capacity expansion to facilitates 40% of Indian container 10 million TEUs volumes by 2022

Mumbai - Aurangabad 47 WHY MUMBAI-AURANGABAD Mumbai contributes

12th Wealthiest 5% of India’s GDP global city 70% Capital 20% of India’s warehousing transactions in India activity located near mumbai

5 SEZs in Aurangabad Industrial Cluster for Automotive, Pharma, Aluminium, Renewable Energy developed Mumbai is India’s first wi-fi enabled city with the country’s largest public wi-fi service Mumbai Trans Harbour Link (under construction): connecting Mumbai with satellite city Navi Mumbai; Longest sea bridge in India once completed Bandra - Worli Sea Link

Financial Capital of India: Mumbai

Headquarters to India’s 2 biggest stock exchanges: National Stock Exchange $ and

Headquarters to most Indian state-owned and commercial banks

Headquarters to financial & monetary regulatory authoritiesof India (Securities Exchange Board of India and Reserve )

Mumbai Nagpur Super Communication Expressway Connecting JNPT in Mumbai & MIHAN in Nagpur Popularly known as Maharashtra Samruddhi Mahamarg; presently under construction 710 kms stretch spread over 10 districts and 352 villages

Shendra Bidkin Industrial Area (SBIA) Area: 84.17 sq.km. Large scale industrial cluster proposed under Delhi Mumbai Industrial Corridor (DMIC)

48 Mumbai - Aurangabad SECTOR SNAPSHOT Emerging Sectors

Auto & Consumer Pharma & Textiles IT/ ITeS Ancillaries Lifesciences Durables Aurangabad State with highest Brownfield EMCs at 3 exclusive textile Mumbai headquarters notable emerging as second number of US FDA Navi Mumbai and parks in Thane companies like TCS, Infotech, Auto Hub of the approved plants Aurangabad by MIDC Mastek & Oracle Finserv state after Pune State with highest Silk and cotton IIT Mumbai is India’s number of products are engineering college pharma units prominent in Aurangabad as well

Skoda, Bajaj Auto, Ajanta Pharma, Videocon, Siemens, Goodyear Tyres, Johnson & Johnson, Liebherr Appliances Hero Chassis Wockhardt, Lupin Systems, Perkins Pharmaceuticals

Engineering Aurangabad emerging as second Auto & Engineering Hub of the state after Pune Greaves Cotton, Varroc Engineering, Hindalco Almex, Duro Valves

Prominent industrial areas for greenfield and secondary transactions

Total Industrial Park Area Major Occupiers Remarks (Acres) JNPT SEZ 684 Upcoming. It is in advanced stages of land Multi-product SEZ with focus on Pharma, Logistics, auction & allotment. Part of India’s effort to Electrical and Electronics, Automobile and Auto spur port-led industrialization Components, Food processing, among others. Panvel – Rasayni Cluster: 7,450 Castrol, Cipla, Reliance, , Multi-product industrial cluster mostly in Chemical, (: 2,522, Nagothane: Hindustan Organic Chemicals, JSW Steel, Steel and Petrochemicals. 1,989, Roha: 605, Usar: 536, Vile – Bombay Dyeing Bhagad: 1,846) Waluj MIDC 3,207 Bajaj Auto, Wockhardt, Colgate-Palmolive, Focus Sectors: Auto & Ancillary, Siemens, Baxter International, MAN Diesel Engineering, Pharmaceutical. Chikhalthana MIDC 1,565 Wockhardt Research Center, Lupin, Prime industrial area in Aurangabad. Focus Sectors: Ajanta Pharma Pharmaceutical & Engineering. Shendra MIDC 118 Audi, Skoda, Volkswagen, Wockhardt, Focus Sectors: Engineering, Electronics. EtchON, Perkins Engines, Siemens, Hero Chassis Systems, Hindalco Almex Wockhardt Infrastructure 107 Upcoming Proposed Pharmaceutical & Bio-pharmaceutical Development Ltd. SEZ, Shendra manufacturing and research facility. Aurangabad Industrial City 10,000 Hyosung, Perkins Greenfield Industrial Smart City as part of DMIC. (AURIC) Massive potential to attract large units. The major industrial clusters can be identified in Mumbai as Bhiwandi and JNPT vicinity, and in Aurangabad as Waluj, Chikhaltana and Shendre. The land rates in these corridors range between INR 2,400 to INR 13,600 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Mumbai - Aurangabad 49 Sanjul Upper VaitarnaUpper Vaitarna Sanjul Reservoir Reservoir Bhataji Bhataji Ganori Ganori MUMBAI SH-73 MUMBAI SH-73 NH-848 AURANGABADAURANGABAD NH-848 ChilkalthanaChilkalthana NH-52NH-752H NH-752H BOISAR BOISAR SH-35 NH-52 25 63 63 NH-48 NH-48 SH-35 25 MIDCMIDC Khuldabad Khuldabad 24 24 NH-753F SH-73 SH-73 NH-753F Sawangi Sawangi Lingdari Lingdari PALGHAR PALGHAR MANOR MANOR SH-35 IGATPURI SH-35 IGATPURI 59 61 Delhi-Mumbai Jatwada 59 6061 Delhi-Mumbai VADA Jatwada 60 8 46 VADA 8 46 Industrial NH-160 SH-16 Daulatabad Industrial NH-160 SH-16 Daulatabad Corridor Maliwada Corridor Maliwada KASARA Wadkha KASARA BK. Wadkha SH-40 BK. Mumbai-Nagpur Super Pisadevi SH-40 40 Mumbai-Nagpur Super Pisadevi 40 Tansa Gangapur Tansa Communication Gangapur Jahagir Communication Jahagir NH-752I NH-52 Aurangabad Expressway 25 Aurangabad NH-848 NH-752I Expressway NH-52 25 24 Industrial area NH-48 NH-848 Karodi 24 Industrial area NH-48 Karodi AURANGABAD Chilkalthana 20 Chilkalthana Shendra20 19 AURANGABAD Shendra 31936 59 4661 3 MIDC 51 2 1 Karmad 60 8 MIDC 5136 21375 55 56 Karmad VIRAR 5960 84661 55 2 4 1 VIRAR ASANGAON ICD Waluj MIDC SH-30 213754 56 NH-752I ASANGAON ICD Waluj MIDC 43 SH-30 NH-752I SH-44 Aurangabad 4458 Aurangabad 5843 2 12 Sundarwadi SH-44 44 12 11 MUKUNDWADI Mumbai-Nagpur Super VASHIND 11 2 3845 MUKUNDWADI Sundarwadi Mumbai-Nagpur Super VASHIND 45 7 22 Tungareshwar MAHAPOLI NH-548A 7 38 WALUJ NH-52 Zalta Communication Tungareshwar Na tional PaMAHAPOLIrk 35 22 W26 ALUJ NH-52 35 NH-548A 13 NH-753F Satara Zalta Communication National Park 26 42 Devlai Expressway 13 NH-753F57 Satara Devlai VASAI-WEST 5742 Waladgaon Expressway Mumbai-Nagpur Super Waladgaon VASAI-WEST NH-160Mumbai-Nagpur Super 6 NAVGHAR NH-160 Communication 6 Gandheli Pune Aurangabad Shendra Gandheli NAVASAIVGHAR Communication Pandharpur CREEK Pune Aurangabad Shendra VASAI Expressway MIDC Aurangabad CREEK lhas Economic Corridor MIRA- U Ri BHIWANDI ve Expressway Aurangabad Pipri a r Economic Corridor MIDC Ulh s R NH-61 Industrial City MIRA- BHAYANDARiv BHIWANDI SH-76 Waluj Bk. Pipri er NH-61 Industrial City BHAYANDAR NH-48SH-76 65 Waluj Bk. KALYAN Limbe 20 NH-48 65 NH-61 39 THANE KALYAN 66 MURBAD Jalgaon 20 19 Chitegaon Sanjay NH-61 Limbe Waluj 39 3 BORIVTHANEALI Gandhi WEST MURBAD Jalgaon 36 19 Sanjay 66 W58aluj43 Chitegaon 2 Chitegaon National 44 MIDC 3 51 1 Karmad BORIVALI Gandhi WEST DOMBIVLI 12 36 5 Park SH-80 58 43 2 Chitegaon 2 55 National THANE AMBARNATH 44 ICD Waluj MIDC 51 21 56 1 Karmad Tulsi DOMBIVLI 11 MIDC 5 37 4 Park SH-80 2 12 55 THANE Lake AMBARNATH ICD38 Waluj45 MIDCAurangabad 21 37 56 NH-52 Tulsi SH-80 Barvi 11 7 4 Lake MULUND Lake 38 45 Aurangabad22 NH-52 SH-80 Barvi Vihar SH-76 7 26 MULUND Lake 41 Lake 22 Vihar 48 SH-76 26 Nilajgaon Ghardon Adul LakeMUMBAI Powai41 30 13 48 WEST Lake NH-548A 42 Ghardon MUMBAI Powai 30 NAVI MUMBAI 13 57 Nilajgaon Adul WEST Lake MUMBAI NH-548A Malwadi 32 42 N NAVI MUMBAI 29 54 57 Malwadi N EAST Bidkin W E MUMBAI 64 Forest N Designed and published by

32 N 31 E 29 Area SH-54 54 KachnerW N EAST 27 6 Bidkin W E Jones Lang LaSalle 64 N Forest 18 S Designed and published by

16 W

SE 31 E Area SH-79 SH-54 Shenduwadha 53 Bidkin KachnerW MAP NOT TO SCALE 27 28 6 Pandharpur JonesS Lang LaSalle 18 S 16 W SH-79 Shenduwadha Shekta SE DADAR 53 28 Pandharpur Bidkin MAP NOT TO SCALE NH-348A S COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. DADAR Shekta NH-348A PANVEL NERAL COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. PANVEL NERAL ENGINEERING PHARMACEUTICAL FMCG AUTO & ANCILLARY MUMBAI ULWE 19 Sr. PerkinsProject India Name 55 Wockhardt 42 Johnson & Johnson 1 Hyosung ENGINEERING PHARMACEUTICAL FMCG AUTO & ANCILLARY SOUTH 20 Hindalco Almex Aerospace 56 43 United Breweries 2 Varroc Engineering MUMBAI ULWE NH-348 19 Perkins India21 AUTOEtchON & ANCILLARY Marks Control 55 Wockhardt57 23Baxter Tata Pharmaceutical Steel BSL 42 Johnson4446 & JohnsonCarlbergUnited Spirits 1 HyosungICD 3 & CFSBONATRANS India SOUTH NH-48 20 Hindalco 22Almex 1. MAN AerospaceHyosung Energy Solutions56 Glenmark58 Pharmaceuticals24W ockhardtGreaves Cotton 43 United45 47Breweries ColgateGodrej & Palmolive Boyce Mfg. 2 Varroc1 4 Engineering ICDSkoda Container Auto Corporation(Audi & VW) of India Container CorporationNH-348 21 EtchON Marks23 2 T ataControlVarroc Steel Engineering BSL 57 Baxter Pharmaceutical59 Wockhardt 44 Carlberg4648 UnitedHindustan Spirits Unilever 3 BONA2 TRANS5 ICDZF Waluj Hero India MIDC Chassis Systems NH-48 22 MAN Energy Solutions 58 Wockhardt 25 Kohler Engines 45 Colgate Palmolive 4 Skoda Auto (Audi & VW) of India ICD 24 3 GreavesBONATRANS Cotton India 60 26Lupin Endress + Hauser Wetzer 4749 GodrejRuchi Soya & Boyce Industries Mfg. 6 Bajaj Auto Container Corporation 1 15 14 Thokarwadi 23 Tata Steel25 BSL Kohler Engines 59 Wockhardt61 Ajanta Pharma 46 United48 Spirits Hindustan Uniliever 5 ZF Hero 7 ChassisVarroc EngineeringSystems of India ICD SH-54 REES Dam 24 Greaves Cotton4 Skoda Auto (Audi &60 VW) Lupin 27 Balmer Lawrie Van Leer47 Godrej50 & BoyceParle Mfg. 6 Bajaj Auto JASAI 9 67 26 Endress+Hauser Wetzer 62 Cipla 49 Ruchi Soya Industries 8 MumbaiMotherson – Nagpur Advanced Super Tooling 1 15 14 KARJAT Thokarwadi 25 Kohler Engines5 ZF Hero Chassis Systems61 Ajanta Pharma 48 Hindustan Uniliever 7 Varroc Engineering URAN REES 62 Dam 27 Balmer Lawrie Van Leer 63 28Lupin Balmer Lawrie 50OTHERS Parle 9 CommunicationCastrol India Expressway ARABIAN SESH-54A 9 10 Bengaluru - Mumbai JASAI 67 17 26 Endress+Hauser28 6 Balmer BajajWetzer Lawrie Auto 62 Cipla 64 29Zydus Exide Takeda Industries Healthcare49 Ruchi Soya51 SterliteIndustries Technologies 8 Motherson10 Mobis Advanced India Tooling SH-104 52 49 27 Balmer Lawrie Van Leer 63 Lupin 50 ParleESDM 9 ARABIAN SEA URAN 10 62 Bengaluru - Mumbai 29 7 ExideVarroc Industries Engineering TEXTILE30 &Alfa APP LavalAREL 52 Petronas Lubricants 11 BengaluruGoodyear T–yres Mumbai Economic Corridor 17 Economic Corridor 28 Balmer Lawrie30 Alfa Laval 64 Zydus Takeda Healthcare 36 Siemens 10 Mobis12 India Durovalves India N SH-104 52 49 8 Motherson Advanced Tooling 31 Linde India ESDM 29 Exide Industries31 Linde India 65 Astron Clothing 3753 LiebherrRolls Royce Appliances Marine 11 Goodyear13 VTarrocyres Engineering N Delhi – Mumbai Industrial Corridor W E TEXTILE & APPAREL N Designed and published by Economic23 KHOPOLI Corridor 9 Castrol India 66 32Fritzberg Parker Hannifin 36 Siemens38 Siemens N 30 Alfa Laval32 Parker Hannifin 54 Asahi India Glass 12 Durovalves India

E 65 Astron Clothing 37 Liebherr Appliances Chemical & Petrochemical W 31 Linde India 10 Mobis India 67 33Bombay JSW Dyeing Steel 39 Videocon Industries 13 Varroc Engineering N Jones Lang LaSalle 33 JSW Steel 14 W E Pune – Aurangabad Economic Corridor N DesignedS and published by 66 Fritzberg W KHOPOLI47 38 Siemens40PHARMACEUTICALS

SE 23 32 Parker Hannifin OTHERS E 50 34 11JSW Goodyear Steel Tyres 34 JSW Steel Chemical 15& PetrochemicalHindustan Organic Chemicals W MAP NOT TO SCALE 33 JSW Steel 67 Bombay Dyeing 39 Videocon4155 IndustriesSiemensWockhardt Jones SLang LaSalle NH-48 35 12JSW Durovalves Steel India 51 35Sterlite JSW Technologies Steel 14 Reliance16 IndustriesPidillite Industries S W SH-10447 40 Blue Star SE NH-66 34 JSW Steel OTHERS 52 Petronas Lubricants 56 Glenmark Pharmaceuticals 15 Hindustan17 Aditya Organic Birla Chemicals Nuvo MAP NOT TO SCALE 50 NH-548A 13 Varroc Engineering 41 Siemens S 35 JSW Steel 51 Sterlite T53echnologies ESDMRolls Royce Marine 16 Pidillite18Well-planned IndustriesAsian Paints infrastructure, design & COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved.NH-66 SH-104PEN LONANH-48VALA 57 Baxter Pharmaceutical CHEMICAL & PETROCHEMICALS52 Petronas54 Lubricants Asahi36 Siemens India Glass 58 Wockhardt 17 Adityasustainability Birla Nuvo concept were the 3 key main NH-548A 53 Rolls Royce Marine 18 Asian Paints COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. PEN 14 Reliance Industries 37 Liebherr Appliances 59 Wockhardt key factors which attracted us initially 15 Hindustan Organic54 Chemicals Asahi India Glass38 Siemens 60 Lupin for making the investment at Auric. ICD 16 39 Videocon Industries 61 Ajanta Pharma 17 Aditya Birla Nuvo 40 Blue Star 62 Cipla Jalna Port will act as a boon for the 18 Asian Paints 41 Siemens 63 Lupin industries who are importing raw material. ENGINEERING FMCG 64 Zydus Takeda Healthcare Upcoming “Mumbai Nagpur Super 19 Perkins India 42 Johnson & Johnson TEXTILE & APPAREL Communication Expressway” will boost 20 Hindalco Almex Aerospace 43 United Breweries 65 Astron Clothing the Logistics & Time efficiency. 21 EtchON Marks Control 44 Carlsberg 66 Fritzberg 22 MAN Energy Solutions 45 Colgate Palmolive 67 Bombay Dyeing -Hyosung Corporation

50 Mumbai - Aurangabad Mumbai - Aurangabad 51 Pune A unique culmination of IT and Manufacturing

Shaniwar Wada, Pune 52 53 Pune attracts about 20% of the entire industrial investment in the country. It is an established automobile hub, durable goods manufacturing hub and an IT hub with several Indian and foreign industry majors. It is often referred to as ‘Oxford of the East” for its education and research sector with 4 universities, more than 200 colleges and ubiquitous research facilities.

Scan QR code to access key websites

Maharashtra Industries Maharashtra Industrial Maharashtra Industry Department Development Corporation Trade & Investment Govt. of Maharashtra (MIDC) Facilitation Cell (Maitri)

Wipro Campus, Pune 54 Pune STATE SNAPSHOT

GSDP Growth 2nd Rank; INR 2494 Bn (FY 18): 7.5% IEMs Implemented (Jan’14 – Dec’19)

Logistic Performance No. of Factories in State Index (2019) : 3rd Rank (FY 18): 26,393; 3rd Rank

HDI Rank (2018): State’s contribution to India’s 5th Rank Exports (FY 19): 22.3% Note: Excludes Union Territories

Maharashtra contributes:

35% of India’s output of 17% of India’s automobile by value chemicals production

20% of India’s 20% of India’s softwareexports pharmaceuticals output

Mumbai - Pune Expressway: Highest FDI inflow (30% of all FDI during 2000-19) Facilitates ease of access to JNPT from various cities in Maharashtra, including Pune

Hosts 2 major ports JNPT (Jawaharlal Nehru Port): & 53 minor ports Largest container port in India, Capacity expansion to facilitates 40% of Indian container 10 million TEUs volumes by 2022 Campus, Pune Pune 55 WHY PUNE?

Pune contributes

2nd Largest city of 3rd largest contributor Maharashtra, contributing 1/5th to India’s of State’s GDP IT exports

Engineering R&D hub : Emerging Startup Hub: Volkswagen, Mercedes Benz, JCB, John ~3,200 active startups with 2% of India’s Deere, Force Motors, Tata Motors, Bajaj tech startups based out of Pune Auto, Mahindra etc.

High concentration of German, Ranked #1: Indian and cities in Mercer’s Quality of American, Korean Living Index, 2018 Chinese manufacturers

Home to major automobile OEMs that include Tata Motors, Mahindra, Bajaj Auto, Force Motors, Jeep, Jaguar, Daimler Chrysler, Mercedes-Benz, Fiat, Volkswagen

The most developed auto ecosystem of India: continuously developing since 1960s

Pune – IT/ITeS hub

Hinjewadi IT Park: Various companies such as USD 9 Billion project by MIDC HSBC Global Technology, IBM, Siemens, spread across 2,800 acres of EDS, I-, , Cognizant, Wipro, land. It is home to over 800 IT KPIT, TCS, IBM, Symantec & Zensar, etc. companies and BPOs such as Concentrix, Aegis have established IT offices in Pune

56 Pune SECTOR SNAPSHOT Emerging Sectors

Auto & Pharma & Capital and Food Processing Industrial Parks Ancillaries Biotech Durable Goods Sector and Logistics Automotive Research Pune, Nashik, Brownfield EMC Cluster Ample availability of Amongst the hottest Association of India Aurangabad & to be set up dairy, horticulture and markets in India for by NATRIP carries Mumbai/ Thane form Ranjangaon & Khed fruits development of light out 90% of India’s the state’s pharma are well-established industrial parks and homologation quadrilateral consumer durable hubs warehouses activities

JCB, Sany, Tata Motors, LG, Haier, Several local and , Thyssenkrupp, international players Mahindra & Schindler, Bosch, Notable presence: — such as Indospace, Mahindra, Bajaj Hyundai Elevators, Amul Dairy, Gits Food, Embassy, ESR, KSH, Auto, Visteon, Cipla, Lupin, Qualcomm, Weikfield Products, Global, Hiranandani — Volkswagen, Genova, Phillips, Emerson, Mars, Ferrero Rocher, have footprints of 50- Mercedes Hindustan Bluestar, Whirlpool, Pravin Masale, 100 acres in industrial Benz, JLR Antibiotics Zoomlion Parampara Brands, etc. areas of Pune

Prominent Industrial Areas for Greenfield and Secondary Transactions

Total Area Industrial Park Major Occupiers Remarks (Acres) Chakan Industrial Bajaj Auto, Mercedes Benz, Volkswagen, Mahindra & Mahindra, One of the most sought after industrial area of India. It has Area (Indospace Mubea, Scindler, Huntsman, Tetra Pak, Phillips, GE, Bridgestone, both MIDC leasehold and resale freehold properties and has industrial Park, 8,500 Hyundai Constructions, Thyssenkrup, Faurecia, Racold, Bhushan emerged as a major automotibe hub. Developed in 5 phases. Chakan: All Phases – Power, Kores, Saint Gobain, Bosch, Huf India, Mahindra Defence Phase 5 is under acquisition. 185 acres) Naval Systems, Force Motors, Sany

Thermax, Bajaj Auto, Mahindra & Mahindra, Tata Motors, Jaguar Oldest automobile industrial area in India located within extended 3,025 , Premiere, Finolex, Lumax Auto, Greaves Cotton, Telco, city limits of Pune. Concentration of consumer durables and Industrial Area Force Motors electronics manufacturing, apart from automobiles.

Fast developing industrial area adjacent to Chakan. Talegaon Schaefler, Husco Hydraullics, Genral Motors, Cosma, POSCO, ITC, 1,430 First 2 phases were launched in 2018 and are already Industrial Area Emerson, JCB, ushi Fibreglass leased out.

MIDC, Ranjangaon LG, Whirlpool, Carraro, Fiat, Jeep India, Tata Auto Components, Located on Pune-Ahmednagar highway. Focus Sectors: (Indospace industrial 2,285 Bombay Dyeing, ITC, Beakaert, Maccaferri, Haier, Steelcase, Engineering, Chemicals, Electronics and Textiles. Parks -104 acres) Motherson Sumi

A private park - JV between Bharat Forge (75%) Khed City 4,200 Hyosung, Mars, JSW Steel and MIDC (25%).

Kurkumbh MIDC 1,169 Henkel, Cipla, Jsons Laboratories, Reliance Predominantly, bio-pharma & life sciences industrial area

Honeywell, Emerson Auto, Varroc Lightings, Tata Auto Hinjewadi Industrial Previously mixed sector industrial area. Now evolved into a NA Components, Genova Biopharmaceuticals, Area major IT and Biotech center. Henkel Adhesives,

Serum Bio-pharma India’s first biotech special economic zone. Focus Sectors: 57 Serum Institute of India Park (SEZ) Pharmaceuticals & biotechnology.

The major industrial corridors can be identified along Nagar Road, Hinjewadi, PCMC and Chakan Talegaon. The land rates in these corridors range between INR 4,900 to INR 12,500 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Pune 57 Sr. Project Name PHARMA & BIOTECH Sr. Project Name AUTO & ANCILLARY NH-54 AUTO68 & ANCILLARSerum InstituteY of India 1 Jeep India Automobiles 69 Genova Pharmaceuticals PUNE Nighoj 1. Jeep India Automobiles NH-60 2 TATA Auto Components 2. T70ata AutoCompCipla Systems 3. Fiat India Automobiles 3 Fiat India Automobiles 4. Bajaj71 AutoJSONS Laboratories 5. Mercedes-Benz 4 Bajaj Auto Pimpari 6. V72olkswagen Lupin Pune Ltd. 5 Mercedes – Benz 7. Bridgestone73 Hindustan Antibiotics Pune-Nashik Highway 24 1 SH-NH-5151 8. Faurecia 6 Volkswagen 43 9. Bosch Chassis Systems Talegaon 49 3 10. HufPOWER India & ENERGY 7 Bridgestone 44 11. Force74 MotorsSchindler India 8 Faurecia 42 Kavathe 12. 25 13. Bajaj75 AutoGE India 9 Bosch Chassis Systems 32 78 14. Mahindra & Mahindra MIDC 15. T76ata MotorsCummins Generators Technologies 10 Huf India 12 33 Pait 16. Ranjangaon 17. PremierOTHERS 11 Force Motors 30 31 18. T62AT A AutocompHuntsman Systems International 12 General Motors 39 Chaskaman 19. Hyosung T&D Vadgaon Dam 20. Bharat63 SteelcaseForge 13 Bajaj Auto Pabal NH-54 21. Mubea Suspension Talegaon 22. Faurecia64 Tetra Pak India 14 Mahindra & Mahindra Dabhade NH-54 23. Lumax Auto Technologies 65 Saint-Gobain 15 TATA Motors Talegaon RS Induri 26 77. Motherson Sumi 5119 KHED 78. Jushi66 FiberglassReliance 16 Jaguar Land Rover 2 62 74 NH-753F PHARMA67 & MahindraBIOTECH Defence Naval System 17 Premier 32 78 3 18 CITY 64 APM Terminals Inland 24 1 12 33 43 68 Serum Institute of India 18 TATA Auto Components 45 Services-Pune ICD 49 3 Khadkale 30 31 2 MIDC 44 SH- 118 69 Genova Biopharmaceuticals 19 Hyosung T&D RS 75 14 62 74 42 70 Cipla Kanhe RS TALEGAON NH-60 3 Chakan NH-48 39 23 18 25 71 JSONS Laboratories 20 Bharat Forge 46 64 APM Terminals Inland 72 Lupin LimitedMumbai – Bengaluru Economic Corridor 27 21 Mubea Suspension Vadgaon Talegaon 41 CHAKAN Services-Pune ICD 73 Hindustan Antibiotics Dabhade 4 13 6 11 45 Pune – Aurangabad Economic Corridor 9 65 RANJANGAON 22 Faurecia Wadgaon Talegaon RS Induri 5 75 14 FMCG & FOOD PROCESSING RS RS 40 10 Pune Ring Road 23 Lumax Auto Technologies Nighoje 23 49 ITC Ltd 20 67 46 Pune – Nashik Highway 77 Motherson Sumi 27 50 Henkel Adhesives Technologies 47 41 11 NH-753F Pune Aurangabad 51 Mars Chocolate 78 Jushi Fiberglass Mumbai-Bengaluru 4 13 6 Shikrapur 52 Gits FoodPune Products – Vijayawada Economic Corridor Begdewadi RS 65 53 Weikfield Foods Economic Corridor Pawan a River 9 Economic Corridor ENGINEERING 5 54 Henkel Adhesives Road 10 NH-48 38 Nighoje 40 24 Carraro India RS PIMPRI- POWER & ENERGY 48 20 67 25 Bekaert Industries CHINCHWAD Koregaon 74 Schindler India 26 Maccaferri Environmental Solutions Bhima 75 GE India 17 15 16 Nhavara 76 Cummins Generator Technologies 27 Hyundai Construction Equipment Pawna 77 34 Central Warehousing Lake 35 Corporation ENGINEERING 28 Thyssenkrupp 2 36 Hinjewadi Bhima River 29 Kores India 56 24 Carraro India 28 8 29 1 Dynamic Logistic, 77 DIGHIICD Dighi, Pune 25 Bekaert Industries 30 Schaeffler India 60 73 53 26 Maccaferri Environmental Solutions 37 56 27 Hyundai Construction Equipment 31 HUSCO Hydraulics 28 Thyssenkrupp Hadashi 58 69 54 60 32 Cosma International 37 29 Kores India 58 69 54 30 Schaeffler India la Ri 33 POSCO India 61 59 u ve 31 HUSCO Hydraulics 61 59 M r Wagholi 32 Cosma International 34 Thermax 7657 Pune Ring Road 33 POSCO India RS 35 Greaves Cotton 63 Kirkee 34 Thermax 7 55 35 Greaves Cotton 36 Honeywell 36 Honeywell 72 Muth 37 Emerson 37 Emerson la a The city is well connected Mulshi NH-27 Mu River 38 JSW Steel Lake Shivajinagar RS 39 JCB 38 JSW Steel Lavale RS 40 Sanyto other Heavy Industries parts of the Pune Ghorpadi 39 JCB REGIONAL PUNE Junction RS 68 Manjari Budruk RS 41 Bhushan Power & Steel INFRA MAP country by rail, road and 52 Uruli 40 SANY Heavy Industries Mulshi 22 ESDM 21 NH-753F Kanchan closer to the port and has 41 Bhushan Power & Steel NH-753FSURAT NH-60 66 NH-65 42 Haier Appliances India ESDM Loni RS Yavat RS 43 Whirpool NH-48 Khutbav RS a lot of talent (Resources) NASHIK 44 LG Electronics 42 Haier Appliances India 45 Philips Electronics r AURANGABAD e Rajiv Gandhi Pune-Vijayawada 46 Racoldand Thermoa good eco system for 43 Whirlpool iv Mutha R Zoological Park 47 Finolex Cables 44 LG Electronics MUMBAI NH-65 Economic Corridor 48 QualCommTier 2 and Enterprises Tier 3 supplier 45 Philips Electronics PUNE BK IT/ ITeSbase. Weather is good and 46 Racold Thermo 55 HSBCthe Tcosmopolitanechnology culture 17 15 16 56 IBM 47 Finolex Cables Lavasa Central Warehousing 57 Siemens Technology 48 QualComm Enterprises 34 58 Infosysmake this city a good 35 Corporation 59 Cognizant FMCG & FOOD PROCESSING 2 60 Wiproplace Technologies for foreigners to HUBLI 61 TCS 49 ITC Ltd stay. The government also NH-48 28 29 OTHERS 50 Henkel Adhesives Technologies 8 N

Pimpri- N NH-61 E NW supports with Industry

73 Designed and published by 62 Huntsman International 51 Mars Chocolate E Chinchwad W Jones Lang LaSalle 63 Steelcase Mumbai-Bengaluru SW 52 Gits Food Products SE friendly policies. MAP NOT TO SCALE 64 Tetra Pak India 53 Weikfield Foods BENGALURU Economic Corridor S 65 Saint-Gobain 66 Reliance 54 Henkel Adhesives COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. 67 Mahindra Defence Naval Systems - Hengli Corporation IT/ ITES 55 HSBC Technologies 56 IBM India 57 Siemens Technology 58 Infosys 59 Cognizant 60 Wipro Technologies 61 TCS

58 Pune Pune 59 NH48 Gurugram-Bhiwadi-Neemrana Corridor India’s Oldest Auto Cluster

The iconic Neemrana Fort, Neemrana, Rajasthan

60 61 Erstwhile NH08, now NH48 is the main highway connecting Delhi NCR with Mumbai. Several industrial clusters (Gurugram, Manesar, Bhiwadi, Bawal, Neemrana and Ghiloth) have developed along the highway (especially in the vicinity of NCR) that connects the Northern hinterland to Jawaharlal Nehru Port, Navi Mumbai. Today, it has become the conceptual spine of the DMIC along with WDFC and is one of the fastest growing industrial belts in North India.

Scan QR code to access to key weblinks

Haryana Industries Rajasthan Industries Haryana State Industrial and Rajasthan State Industrial Haryana Enterprises Bureau of Investment Department, Department, Government Infrastructure Development Development and Promotion Centre Promotion (BIP) Government of Haryana of Rajasthan Corporation (HSIIDC) Investment Corporation (HEPC) (RIICO)

DLF Cyber City, Gurugram 62 NH48 STATE SNAPSHOT - HARYANA

GSDP Growth (FY 18): HDI Rank (2018): 7.9% 3rd Rank

Logistic Performance Index 16th Rank; INR 102 Bn (2019) : 3rd Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State (FY 18): State’s contribution to India’s 8,891; 11th Rank Exports (FY 19): 4.9% Note: Excludes Union Territories

• National Capital Region (NCR): 2 districts of Rajasthan, 14 districts of Haryana, NCT of Delhi & 8 districts of Uttar Pradesh • Rajasthan is the state with highest solar potential of 142 GW • Entire Haryana state falls in the influence zone of 2 industrial corridors: Delhi Mumbai Industrial Corridor (DMIC) & Amritsar Kolkata Industrial Corridor (AKIC) • Haryana is the first state to have implemented its own State Wide Area Network (SWAN): Digital Inclusion

STATE SNAPSHOT - RAJASTHAN

GSDP Growth (2016-17): th 5.5% 23rd Rank HDI Rank (2018): 13 Rank

Logistic Performance Index 8th Rank; INR 321 Bn (2019) : 4th Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State (FY 18): State’s contribution to India’s 9,212; 10th Rank Exports (FY 19): 1.8% Note: Excludes Union Territories

NH48 63 WHY NH48

Haryana contributes Rajasthan contributes 20% India’s Largest >100 Auto component Automobile OEMs manufacturing unit. 3rd Largest exporter of 2nd Largest mineral producing software state, sole producer of lead & zinc st 50% of Passenger 1 Largest producer of manufacturing in India blended fabric & wool 60% Motorcycles 1st Only state with all raw manufacturing in India materials for ceramics & glass industry – silica, feldspar, ball clay, etc.

DLF Cyber City, Gurugram • 2 out of 8 manufacturing cities in Phase 1 of DMIC are on NH48.

• NH48: busiest highway of the country with 57% of freight on trucks • Narnaul Multi Modal Logistics Park (MMLP): North India’s largest MMLP & a major container transhipment hub for the Inland Container Depots (ICDs)

• Western Peripheral Expressway — 135.6 km, 6-lane access-controlled expressway connects multiple arterial national highways NH-1, NH-10, NH-48 in a semi-circular arc formation. Fully operational since 2018 resulting in massive logistical efficiency in the region

Haryana’s business capital – Gurugram, is home to more than half of the Fortune 500 companies.

Manesar-Bawal Investment Region (402 sq.km.) • One of the largest auto hubs in India (hosts Maruti Suzuki, Harley Davidson, Honda Motorcycle and Scooter India (HMSI) • Global City Project in Gurugram (Proposed DMIC Node) • Integrated Multi-model Logistics Hub (MLH) in Narnaul • International Center for Automotive Technology (ICAT) has been set up at Manesar as a part of National Automotive Testing of R&D Infrastructure Project (NATRiP)

Japanese Industrial Township (JIT), Neemrana • 1st operational JIT in India • Hosts 55+ Japanese companies. Eg: Daikin, Hitachi Chemicals, NIDEC, Kehin • Collaborative effort of Government of Rajasthan and JETRO (Japan External Trade Organization)

64 NH48 SECTOR SNAPSHOT Emerging Sectors

Auto & Ceramic and IT/ITeS FMCG ESDM Ancillaries Glass NH48: Largest auto Gurugram has Significant Industrial Zone at Launch of Electronics ecosystem in India 1500+ startup presence of large Ghiloth by RIICO: Cluster of 100 acres First such at Bhiwadi Gurugram-Manesar-Bawal companies FMCG sector attempt in India A few electronics belt is known as “Auto companies starting Hub” which accounts for operations in Gurugram, 50% of 4-wheelers & 37% Bawal and Manesar of 2-wheelers manufactured in India Maruti Suzuki, Hero Motocorp, Suzuki Motorcycles, Taiyo Daiichi, Mitsubishi, Major Players: Fiem Jonson Matthey, Minda Industries, Deki Electronics, Group, Keihin, Suzuki Zomato, Unicharm, British Major players: Saint Elin Electronics, Vsun powertrain, Munjal Gobain, Kajaria, Shopclues, Uber, Health Products, Jaquar, Parryware, Showa, Denso, HMSI, Electric Vehicles and Facebook, Google Gillette India Roca, JCPL Batteries: Dedicated policy JBM, Musashi, Harley under formulation DLF Cyber City, Gurugram Davidson

Prominent industrial areas for greenfield and secondary transactions

Total Industrial Park Area Major Occupiers Remarks (Acres) Udhyog Vihar, Gurugram 1,125 Maruti Suzuki, Micromax, Sun Pharmaceutical, Industrial estate having more than 1,200 industrial Euronics India & commercial units & is developed in 6 phases.

Reliance MET 8,250 Panasonic, Denso, Amber Enterprises Integrated industrial township consisting of Electronic Manufacturing Cluster, Small & Medium Enterprises Park, Footwear Park & Engineering Park. IMT Bawal 1200 Harley Davidson, Minda Furukawa Electric, Haco Focus Sectors: Auto & Ancillaries, Engineering. Group, POSCO, Musashi Auto Parts Haryana IMT Manesar 2,087 Maruti Suzuki, Baxter, Honda, Livpure

Export Promotional 107 Over 150 export – oriented units Largest Export-Park in Northern India with export Industrial Park (EPIP), oriented manufacturing facilities for Gems and Neemrana Jewellery, Electronics, Garment, Handicrafts, Engineering, Leather goods & IT Park. RIICO Industrial Park, 650 + 315 , Alchem, Parle, SEL Textiles, HeroMotor Corp Focus Sectors: Auto & Ancillaries, Neemrana (Phase 1 & 2) Pharmaceuticals, Electronics.

Japanese Industrial Zone, 1,167 Daikin, Nissin Brakes, Mikuni India, Kokoku Intech, MoU between RIICO & JETRO: Encourage Japanese RIICO Neemrana Taiyo India, Nippon, NIDEC investments through streamlined license process. Rajasthan RIICO Industrial Park, Ghiloth 1,700 Havells, Indus Pharma, Urotek Industries, Focus Sectors: Glass & Ceramic industries, Glocera, Lloyd General Industries.

RIICO Industrial Park, Karoli 527 Kalyani Technoforge, Groz Engineering Tools, Auto Zone, EMC zone and General zone. Bhagwati Products, Capstone Polyweave

The major industrial corridors can be identified along NH48 as Gurugram, Bhiwadi, Neemrana, Ghiloth, Manesar and Bawal. The land rates in these corridors range between INR 3,500 to INR 20,480 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

NH48 65 Sr. Project Name SH-22 Sr. ProjectWestern Name Dedicated AUTO & ANCILLARY SH-17 Charkhi NH-334B Jhajjar Delhi AUTO & ANCILLARFreight CorridorY 1 Maruti Suzuki NH-334B Dadri Khera Cantonment 2 Bajaj Motors D E L H I NH 48 1 Maruti Suzuki JHAJJAR Ujwa 2 BajajKundli Motors Manesar 3 Honda Motorcycle & Scooter Palam RS 3 HondaPalwal Motorcycle Expressway and Scooter 4 Faurecia Automotive N Faizabad Chhawala 4 Faurecia Automotive a Delhi Mumbai NH-48 5 HI-LEX India 5 HI-LEX India ja f Industrial Corridor 6 SubrosNH 48 6 Subros DADRI g a Neb 7 Calsonic Kansei Motherson Auto 7 Calsonic Kansei Mothern Auto rh 8 Mitsubishi Electric Automotive D Bijwasan RS Kapas NH-48 Sarai Saidabad Delhi Mumbai 8 Mitsubishi Electric Automotive r 9 Tata Motors 45 ai Hera Tigri 10 JTEKTIndustrial India Corridor 9 Tata Motors 46 n Udyog SH-22 Vihar 11 JPM Automobiles 10 JTEKT India SH-17 IMT Reliance Model 12 JTEKT India 11 JPM Automobiles 36 28 4469 Ghitorni Deoli 13 Amtek Auto Manesar Economic Township 66 Chattar 12 JTEKT India Ghilot 11 14 Rico Auto SH-15A Gurgaon Pur 13 Amtek Auto 68 2 5 RS 38 15 Motherson Automotive 63 NH-352 Aya 16 Denso 14 Rico Auto 35 4 6 27 Farukhnagar RS 15 Garhi GURUGRAM 57 Nagar 17 Harley-DavidsonManesar, Bawal Motorcycle and 15 Motherson Automotive 31 29 8 18 Furukawa Minda Electric 32 7 60 Harsaru 555354 56 Asola 16 Denso Farrukhnagar 19 MusashiNeemrana Auto Parts came across as a 70 16 3 Dera Faridabad 20 Hero Motocorp 17 Harley-Davidson Motorcycles Bhakali Garhi Harsaru 9 KMP Expressway Junction 14 Mandi 21 NISSINnatural Brakes choice as these were 18 Furukawa Minda Electric 10 22 Mikuni India 19 Musashi Auto Parts 23 Kokokuupcoming Intech Indiaindustrial regions 20 Hero Motorcorp 3 24 TAIYO India IMT Badshahpur 25 Rokiwith Minda proximity to Delhi. 21 NISSIN Brakes Manesar 71 Hailey 26 JTEKTThese India industrial corridors 22 Mikuni India Mandi 352 4 65 27 Magneti Marelli 3127915 8 32 760 28 Maruti Suzuki 23 Kokoku Intech India 7016 are adjacent to the national 24 TAIYO India 3 44 29 Johnson Matthey Kanina Bhondsi 28 69 30 Hondahighway Cars and provide 25 Roki Minda H A R Y A N A Delhi Mumbai 11 66 Pataudi 31 Maruti Suzuki Powertrain 26 JTEKT India Manesar 32 JBMexcellent connectivity across Industrial Corridor Gurugram 38 27 Magneti Marelli 70 Johnson Matthey 71 SuzukiIndia. Motorcycle Presence of leading 28 Maruti Suzuki SH-26 57 55 53 56 IT/ ITeS 29 Johnson Matthey SH-24 54 automotive OEMs, our key NH 48 53 ShopClues Network 30 Honda Cars NH-248A 9 SH-24 54 Zomatocustomers, in this region 31 Maruti Suzuki Power Train 14 Mahendragarh NH-48 55 Uber 32 JBM RS 10 56 Facebookcemented our decision 70 Johnson Matthey 57 Google NH-19 further. 71 Suzuki Motorcycle Aakera Sohna ESDM 65 42 Lloyd CERAMIC & GLASS 39 Khori Maheshari Kalan 43 Micromax -Mr. Nirmal Minda, 33 Saint-Gobain Glass India 13 Taoru Dharuhera 6442 44 Euronics IndusteisChairman & MD, 34 Jaquar & Company MAHENDRAGARH Rewari 2162 45 Panasonic NH-919 3450 35 Jaquar & Company REWARI Bhiwadi NH-919 46 Amber Enterprises UNO Minda Rewari Bhiwadi 47 Halles India 36 Glocera Rampura Junction 48 Daikin Air Conditioning India 37 Kajaria Ceramics Delhi Mumbai Manethi 33 58 NH-919 Concor ICD 2 49 FIEM Industries 38 Parryware Roca Industrial Corridor KM Rewari P Exp PHARMA & BIOTECH ENGINEERING WDFC ressway 64 BritishIndia Health is about Products to see a 39 Jindal Prefab NH-248A 65 Capsugel Healthcare 66 Sunsignificant Pharmaceutical change in its 40 Haco Machinery 1 Concor MMLP 59 67 Alchem International 41 POSCO Ateli Tapookra 68 Indusemissions Pharma strategy, from ICD Kathuwas 18 Bawal 25 49 69 Baxter ESDM SH-15 18 30 Bharat Stage IV to Bharat FMCG Ateli Mandi RS 40 41 25 43 Salamba 42 Lloyd SH-26 19 65 Nuh 50 GilletteStage India VI standards. This 17 Bawal 39 43 Micromax 4 Bhiwadi 51 Parle 41 13 44 Euronics Industries 19 40 PALWAL 52 Unicharmwill require India heavy-duty 36 Ghilot 12 6442 REGIONAL 17 45 Panasonic 6863 Bawal 26 34 INFRA MAP ENGINEERINGvehicle & additional 46 Amber Enterprises NH-48 50 39 Jindal Prefab 4 37 40 Hacodemand Machinery for Johnson 47 Havells India GURUGRAM Dadri 41 Posco 58 BHIWADI HathinMANESAR 48 Daikin Air-conditioning India 33 CERAMICMatthey’s & GLASS catalysts. We’ve 49 FIEM Industries NARNAUL BAWAL NH 48 TAPUKARA 33 Saint-Gobainbeen very Glass pleased India with FMCG WDFC SH-25 34 Jaquar & Company Neemrana NEEMRANA 50 Gillette India Neemrana 35 Jaquarour & existing Company experience MEWAT 36 Glocera 51 Parle Shahjahanpur Phulera Neemrana 20 R A J A S T H A N 37 Kajariain Haryana: Ceramics support from 52 Unicharm India 20 61 Jaipur 38 Parryware Roca 51 24 SH-14 61 1 6721 62 DMIC government, availability of IT/ ITeS 47 2223 OTHERS 53 Shopclues Network 51 24 4852 Ajaraka RS N 67 ALWAR N Marwar 58 Ashirvadskilled Pipes workers, & excellent E NH48

54 Zomato 1 21 62 NW Designed and published by NH-48 E 59 United Breweries 47 23 W Jones Lang LaSalle 60 Livpureinfrastructure. We wanted 55 Uber 22 SW Tijara SE 56 Facebook 48 52 MAP NOT TO SCALE 61 SEL Textiles S Nagina the new plant to be near 57 Google 62 Nippon Pipe Behror 63 Urotek Industries PHARMA & BIOTECH COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. Palanpur Manesar, close to major 64 British Health Products automotive customers. 65 Capsugel Healthcare 66 Sun Pharmaceutical 67 Baxter -Har Nishith Sahai, 68 Alchem International Commercial Director, 69 Indus Pharma OTHERS Johnson Matthey 51 58 Ashirvad Pipes 59 United Breweries 60 Livpure 61 SEL Textiles 62 Nippon Pipe 63 Urotek Industries

66 NH48 NH48 67 Noida-Greater Noida-Yamuna Expressway India’s Electronics Manufacturing Corridor

Cityscape of Electronic City Noida Noida-Greater Noida-Yamuna Expressway was conceptualized and is being developed as a suburb to India’s national capital Delhi since 1970s. It has witnessed immense interest from IT/ITeS and electronics hardware manufacturing firms. So far, Noida’s development and positioning has been secondary to millennium city Gurugram. Noida-Greater Noida is likely to turn tables over the next decade on the strength of its excellent connectivity — 2 National Highways (NH-24, NH-58), Eastern Peripheral Expressway and expansion of Noida Metro. It is located at the intersection of the Western and Eastern Dedicated Freight Corridors (DFCs) and is also the gateway to the Delhi Mumbai Industrial Corridor (DMIC). Jewar Airport will be the largest airport in India. This region will be India’s electronics manufacturing hub and home to largest foreign direct investments cases.

Scan QR code to access key weblinks

Directorate of Uttar Pradesh State Industrial NOIDA Industrial Greater NOIDA Industrial Yamuna Expressway Industries, Government Development Authority Development Authority Development Authority Industrial Development of Uttar Pradesh Authority

Yamuna Expressway, Linking Greater Noida to Agra and Lucknow 70 Noida-Greater Noida-Yamuna Expressway STATE SNAPSHOT GSDP Growth (FY 18): 10th Rank INR 245 Bn 7.0% IEMs Implemented (Jan’14 – Dec’19)

Logistic Performance No. of Factories in State Index (2019) 9th Rank (FY 18): 15,830; 5th Rank

HDI Rank (2018): State’s contribution to India’s th 18 Rank Exports (FY 19) : 4.8% Note: Excludes Union Territories UP contributes: 1st producer of foodgrains in 1st number of micro, small and medium enterprises in India. India( FY 18) 18.5% of total 14.2% of total

of India’s population. 15% Biggest nd consumption & labor 2 largest producer of leather products in India pool (~200 Mn)

UP Electronics Manufacturing Government of India’s Phase Policy, 2017: State’s vision to be Manufacturing Program (PMP) the Electronics Manufacturing Hub and Electronic Manufacturing of India Clusters (EMCs) • Noida, Greater Noida and Yamuna One District, One Product: 57 Expressway are declared EMCs Districts in UP will be encouraged to develop product-specific clusters • UP biggest beneficiary of PMP, to encourage higher value addition as it attracted majority of the and employment creation component suppliers of Samsung, OPPO, Vivo and Xiaomi

Noida-Greater Noida-Yamuna Expressway 71 WHY NOIDA-GREATER NOIDA?

Noida–Greater Noida contributes:

40% of India’s total mobile 55% of India’s mobile manufacturing component manufacturers

Biggest agglomeration of Chinese Eastern Peripheral Expressway factories in India - 135 Kms 6-lane access-controlled expressway has improved connectivity Several South Korean and of Noida-Greater Noida-Yamuna Japanese OEMs and ancillaries present in Expressway region with the busiest electronics and auto sector national highway of India NH-48. It connects in an arterial format NH58, • Large number of units in garmenting, metal fabrication, rubber & plastic NH24, NH91 and NH2, and is fully parts are present operational since 2016

Largest electronics cluster in India with multiple anchor tenants such as Samsung, OPPO, Vivo, LG, Haier, Dixon, Delphi, Denso

NOIDA Cityscape

Jewar International Airport

Second international airport in Delhi Conceptualized over National Capital Region: Likely to change 5,000 hectares and equipped the fortunes of the region’s realty and spur to handle 70 Mn Pax industrial activity Planned to be the biggest Phase I:1,334 hectares. aerotropolis in India Swiss firm Zurich won development contract. It is expected to be operational by 2023

72 Noida-Greater Noida-Yamuna Expressway SECTOR SNAPSHOT Emerging Sectors

Electronics Auto & IT/ITes Food Processing Manufacturing (ESDM) Auto Ancillaries Sector

Largest electronics 4 major OEMs manufacturing Presence of large Noida & Greater Noida will manufacturing zone of India cars, tractors and two-wheelers IT & E-commerce also attract industries like companies in Noida: Food Processing targeting 94 large mobile phones & ~30 ancillary units supplying auto PayTM, Adobe India, the huge consumption components manufacturing components established in Oracle India, Wipro, market of Delhi and nearby facilities. ~2,900 medium and the catchment HCL Technologies suburbs such as Gurugram, small electronics units Honda Cars, Yamaha, Ghaziabad, Faridabad Hero Motors, New Samsung, LG, Haier Holland Tractors, Mahle, Appliances, OPPO, Vivo, Caparo Engineering, Dixon, Delphi, Denso, Subros, JBM Hipad, Transission

Prominent Industrial Areas for Greenfield and Secondary Transactions

Total Area Industrial Park Major Occupiers Remarks (acres) Established in 1985, hosts over 250 units Noida Special employing 40,000 employees mainly in 310 Moserbear, PC Jewellers, Orient, , NTT Data Economic Zone Gems & Jewellery, Engineering and Software development sector. No vacant plots but heavy sub-leasing Noida – Industrial plots Hipad, XIHI Technology, Sunwoda, FROG Cellsat, activity since 2015 when Chinese and at Sectors 57–68 - Eastcompeace, Chenyang Electronics, Xiaolin Electronic, Korean suppliers of electronics components (except Sector 66) TMB Battery, Lite-on, NTL Electronics started entering Indian market. Samsung is the key occupier: TV production Noida – Industrial Samsung, Keihin India, Moriroku Technology, TS Techson, (1997), expanded to microwaves, plots at Sectors 80–90 PPAP Automotive, Schenck RoTec, Dong Jin Electronics, - air-conditioners, refrigerators, mobile (except Sector 86 & 88) Yingtong Electronics, SMC Corp., Lianchuang Electronic, phones (2005), expanded and Sector 138–140 A Dixon Technologies, Westway Electronics, Halonix capacity to 120 mn units (2018). Surajpur Industrial Area , Yamaha, JBM Auto, Moserbear, UPSIDC industrial parks. 2,541 (Phase A, B, C, IV, V) Motherson Sumi, Mahle, Denso, Delphi Focus Sector: Auto & Ancillaries. Encourages the export of various EPIP Greater Noida 211 Remso Control Technology, Ashoka Machine Tools commodities and services. Integrated Industrial Being developed as an integrated industrial Township Greater 747.5 Haier (anchor investor), Forme Trading township under DMIC. Noida Limited (IITGNL) World Trade Center Vivo has leased 800,000 Sq Ft at WTC Noida 42 Vivo (Rented Factory) (WTC), Greater Noida for its production facilities since 2015. LG, Toyo Ink, ST Microelectronics, Dana Graziano, Dongkuk Greater Noida – Steel, ILJIN Electronics, OPPO Mobiles (Rented), Sony, Intex, Greater Noida’s exclusive industrial area with 2,446 Ecotech I & Extn I, II, III Pepsico, Global Autotech, New Holland Fiat, Minda Corp, focus sector: electronics manufacturing. Hollitech, Shinkwang Electronics, Le Mei Plastic Ecotech VII (110 acres) was leased to OPPO Greater Noida – - OPPO Mobiles, OPPO-TEEMA JV, and 100 acres at Ecotech VI leased to JV of Ecotech VI, VII, VIII OPPO and TEEMA in 2016. Greater Noida – Electronics component units are - Anrick Electronics, SAMKWANG Ecotech X, XI, XII key occupiers. Yamuna Expressway – Greenfield facilities attracting electronics Sector 24, 24A, 28, 29, 5,913 Vivo, Yingtong, XIHI Technology, Patanjali Foods companies operating on rented factories in 32, 33 Noida and Greater Noida. Land rates in Greater NOIDA and Yamuna Expressway vary between INR 4,000-11,000 per sq.m. Rentals vary between INR 22-23 per sq.ft per month.

Noida-Greater Noida-Yamuna Expressway 73 SL. Project Name Sr. Project Name AUTO & ANCILLARY Muradnagar 1 Honda Cars AUTO & ANCILLARY 2 India Yamaha Motor Uttar Pradesh is one of the Ecotech 1 Honda Cars 3 JBM Auto NOIDA-GREATER NOIDA Eastern NH- 34 key2 India markets Yamaha Motorfor Haier India 4 MAHLE Behr II, III 3 JBM Auto 5 Denso India Peripheral Expressway not4 MAHLE only Behrbecause we have 6 New Holland Fiat 5 Denso India 7 DANA Graziano 44 witnessed6 New Holland encouraging Fiat GHAZIABAD 7 DANA Graziano 8 Global Autotech NH-709B 7 growth8 Global Autotechfrom the state in 9 Minda Corporation INDUSTRIAL AREA 9 Minda Corporation Pilkhuwa 80 the10 Subros past but also because 10 Subros 11 Tech Mahindra 36 EDFC 6 43 11 Tech Mahindra of12 theMoriroku state’s Technology strategic 12 Moriroku Technology 34 9 22 13 TS Techson 13 TS Techson 37 NH- 9 location14 PPAP Automotive in Northern India 14 PPAP Automotive NH- 9 15 15 Motherson Sumi Systems 23 33 Electric Sub for16 us.Delphi The Automotive boost in local 16 Delphi Automotive Shahdara GHAZIABAD 17 Motherson Sumi Systems 35 Station Dasna 2 manufacturing18 Cooper Standard Automotive to make 17 Motherson Sumi Systems NH- 9 32 SH- 57 19 JCB India 18 Cooper Standard Automotive 38 18 India20 ABB a India global hub has 19 JCB India 55 Sector 31 21 BMW Deutsche Motoren 20 ABB India Electric Sub provided the impetus & 15 68 ENGINEERING 21 BMW Deutsche Motoren 63, 64 72 30 Station 45 scale to our industry to ENGINEERING 39 NEW DELHI 27 22 Frog Cellsat 22 Frog Cellsat 40 become23 Liteon Power dollar India positive. AH- 2 36 24 Remso Control Technology 23 Liteon Power India 3437 8 25 Ashoka Machine Tools Corporation G.B.Pant 22 There is more investment 24 Remso Control Technology 23 X3IHTIechnology 3 Chhapraula 26 Dongkuk Steel India 25 Ashoka Machine Tools 32 38 35 46 71 coming27 Caparo inEngineering terms of making 26 Donkuk Steel India 15 55 64 28 Schenck RoTec 39 27 Caparo Engineering 16 superior29 SMC CORPORATION quality products,

63 Dhaula Ya 30 Tata Steel 28 Schenck RoTec m 31 Sage Metals The Oberoi un better R&D facilities & 29 SMC Corporation Kuan a Fire Station 75 NOIDA & 51 NH-34 30 Tata Steel Ecotech distribution ESDM networks. 31 Sage Metals GREATER NOIDA XII 32 Hipad India ESDM INDUSTRIAL AREA 33 XIHI Technology 32 Hipad India 79 Electric Sub 34 SUNWODA ELECTRONIC Hauz 35 Eastcompeace 33 XIHI Technology Indraprastha 58 Station NH- 48 Apollo 6557 -36 EricChenyang Braganza, Electronics President, 34 SUNWODA Electronic Khas 56 37 Xiaolin Electronics 35 Eastcompeace 8312 28 38 TMB BATTERY 58 50 1314 74 44 Haier India 36 Chenyang Electronics 66 10 7 DADRI 39 NTL Electronics Intex Technologies 78 11 80 NOIDA 61 62 6 40 Moser Baer Crown Plaza Wipro Technologies 82 37 Xiaolin Electronics 65 Noida 77 60 29 43 9 ICD Dadri 38 TMB Battery 76 5317 59 86 41 Haier Industry 57 Ecotech III 42 VIVO Mobile 39 NTL Electronics SEZ Noida 5 5628 ICD 2 43 LG Electronics 40 Moser Baer 83 1213 Tughlakabad 84 SEZ 44 ILJIN ELECTRONICS 41 Haier Industry 14 45 IndiaOppo Mobilesis uniquely 42 VIVO Mobile 74 Badarpur 54 27 45 46 Sony India 10 40 43 LG Electronics 8 Ecotech II 47 Holitech India NH-148A 46 48positionedShinkwang Electronics to grow at 44 ILJIN Electronics 1166 71 64 49 OPPO Mobiles 45 Oppo Mobiles 82 61 62 63 50a timeIntex Technologies when the size 46 Sony India 60 29 51 Anrick Electronics 47 Holitech India 59 NH-19 GREATER 52of Samkwangthe smartphone India Electronic 48 Shinkwang Electronics Asola IITGNL 53 Yingtong Electronic Technology NOIDA 41 54marketTranssion around Holdings the 49 Oppo Mobiles 53 17 Wild Life 69 55 Orient Electric 3 50 Intex Technologies 21 48 56 Keihin India Manufacturing Sanctuary Delhi-Kanpur 4 47 world is shrinking. The 51 Anrick Electronics 1 SIKANDRABAD 57 Samsung India 52 Samkwang India Electronic Ecotech I 58 Dong Jin Electronics Economic Corridor 8126 Ecotech XI 59government’sLianchuang Hongsheng Make in 53 Yingtong Electronic 70 52 67 60 Dixon Technologies 54 Transsion Holdings Intex Ecotech X India initiative which 25 61 Westway Electronics 55 Orient Electric REGIONAL INFRA MAP 24 Ecotech VIII 62 Halonix Technologies 56 Keihin India Manufacturing 41 63beganSTMicroelectronics in 2014 with an 57 Samsung India 64 LG Electronics Bilaspur FARIDABAD Ecotech VII 65intentEveready to Industries make India a 58 Dong Jin Electronics 66 Orient International 59 Lianchuang Hongsheng 67globalIntex manufacturing 60 Dixon Technologies 20 42 Ecotech 68 Havells India 61 Westway Electronics Y 69 Havells India a stronghold has 70 Whirlpool 62 Halonix Technologies EDFC m I, VI, VII, VIII, 73 u 63 STMicroelectronics n givenFMCG impetus to 64 LG Electronics a X, XI, IITGNL GHAZIABAD 71 Pepsico 65 Eveready Industries Delhi-Lucknow FARIDABAD manufacturing in India. Economic Corridor 41 72 India 66 Orient International FARIDABAD NOIDA INDUSTRIAL AREA 73ThisLakhani coupled Armaan Group with a 67 Intex Dankaur 74 Patanjali Foods Jewar 3 68 Havells India Eastern International gradualIT/ ITES increase in 69 Havells India 19 4 48 Airport (U/C) Ballabhgarh Peripheral Expressway 70 Whirlpool 47 75taxesAdobe to Systems cut Indiadown on FMCG 76 Oracle Agra NH-19 1 77 Wipro Technologies Delhi-Kanpur Lucknow 26 71 Pepsico Economic Corridor 81 78importsHCL Technologies has spurred the 72 Dabur India Dayalpur 52 79 PayTm 73 Lakhani Armaan Group 67 creation of more than OTHERS 74 Patanjali Foods Kanpur IT/ ITES 25 80260Toyo manufacturing Ink India units 24 81 Le Mei Plastic Manufacturing 75 Adobe Systems India ICD Piyala Jhajhar in the country. N 85 76 Oracle Towards Agra/Kanpur 49 82 NTT Data N 83 PC Jewellers W E 77 Wipro Technologies N Designed and published by

W E Jewar International 78 HCL Technologies Jones Lang LaSalle SW SE Airport (U/C) 20 KM 79 PayTM MAP NOT TO SCALE Makanpur OTHERS S -Sing Ye, India Factory 80 Toyo Ink India COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. General Manager, 81 Le Mei Plastic Manufacturing 82 NTT Data Vivo Mobile 83 PC Jewellers ICD Delhi – Lucknow Eastern Dedicated Delhi – Kanpur 84 ICD Tughlakabad Economic Corridor Freight Corridor EDFC Economic Corridor 85 ICD Piyala 86 ICD Dadri

74 Noida-Greater Noida-Yamuna Expressway Noida-Greater Noida-Yamuna Expressway 75 Bengaluru India’s Silicon Valley

Infosys campus, Bengaluru

76 77 Bengaluru often referred to as the Silicon Valley of India, is also an established headquarters to some of the largest public sector heavy engineering industries. Over the last few decades, the city has marched ahead by leaps and bounds to emerge as a leader in a plethora of sectors, backed by a robust IT, R&D and startup ecosystem, its highly skilled workforce and amiable weather are two standout features.

Scan QR code to access key weblinks

Department of Industries Karnataka Industrial Karnataka and Commerce, Area Development Udyog Mitra (KUM) Government of Karnataka Board (KIADB)

Vidhan Soudha, Bengaluru 78 Bengaluru STATE SNAPSHOT

GSDP Growth (FY 18): No. of Factories in State (FY 18): th 10.1% 13,518; 7 Rank

Logistic Performance Index 3rd Rank; INR 742 Bn (2019): 3rd Rank IEMs Implemented (Jan’14 – Dec’19)

HDI Rank (2018): State’s contribution to India’s Exports 7th Rank (FY19): 4th Rank, 12.7% Note: Excludes Union Territories

Karnataka contributes:

65% of Aerospace- 20% of national garment related exports from India production

3,500+ IT/ITES 1/3rd of biotech companies exports from India

Headquarters to some of the largest Public Sector Undertakings of India Hindustan Aeronautics Limited (HAL), National Aerospace Laboratories (NAL), Indian Space Research Organisation (ISRO), Bharat Earth Movers Limited (BEML) among others

Pioneer State in policy for niche segments

Startup AVGC Policy Electric Vehicle Dedicated Policy and Digital Media City and Energy Storage Policy Aerospace Policy

Bengaluru 79 WHY BENGALURU

Bengaluru contributes

70% of India’s chip 60% of India’s 30% designers work in machine tools of all IT start- Bengaluru production in ups in India terms of value

rd Startup capital of India: 3 Established vendor ecosystem: highest number of startups in the 2,000+ SMEs focused on component world & among the top 15 startup manufacturing, tooling and testing ecosystems in the world equipment and assembling

Home to 535% Largest number of 4th largest of IoT startups out R&D centers in India: technological of ~970 in India home to 400+ MNCs hub in the world with global R&D centers & largest in Asia

Home to global R&D centers such as Texas Instruments, Mercedes Benz, Rolls Royce, Airbus, Boeing, ABB, Dell, GE, SAP, Adobe, Cisco, Honeywell etc.

Robust R&D & academic environment

Common instrumentation facilities: IBAB, Knowledge and Skills Hub: Ganit Lab, CoE-IoT, Centre for Human Genetics, 1,700+ public and private ITIs, Centre for Nano Science & Engineering, IIIT-B, 200+ engineering colleges, Semi conductor measurement, analysis & 400+ R&D institutes, 200+ reliability test lab, Central Manufacturing polytechnics, 20+ universities, Technology Institute (applied R&D), Bengaluru 325 Skill Development Bioinnovation Centre, CCAMP Centres

80 Bengaluru Emerging SECTOR SNAPSHOT Sectors

Textiles & Pharma & Aerospace IT & ITeS Heavy Engg. & Automobile Machine Tools Apparel Biotech First state Dedicated Dedicated 38% to roll out Aerospace Biotech of India’s IT State Textile Policy Policy export Policy Major presence of NASSCOM Startup Integrated Gokaldas Exports, Bengaluru Well established HAL, NAL, Taneja WH, GIfTS, Mobile Machine Tool Goodwill Fabrics Bio-Innovation hub of automobiles. Aerospace, AirWorks 10X Startup Hub, Industry Park among others Center with Likely to emerge as Engineering, ELEVATE 100, IIIT-B instrumentation important cluster for Well established Established ThyssenKrupp, etc. among others facilities, Pharma electric vehicles and foundry clusters handloom clusters, & Med Tech zone storage solutions. at Belagavi & Planned Apparel , Shivammoga, Zones, 4 planned , Bosch emerging at Integrated Textile Tech Support Offices Dobbaspet Park, Silk City of Boeing, Dynamatic Technologies, Airbus, Electric Vehicle QuEST Global, & Energy Collins Aerospace Storage Policy Prominent industrial areas for greenfield and secondary transactions Total Area Industrial Park Major Occupiers Remarks (Acre) , Honda, Scania, Narasapura - Kolar 701 Dedicated area for Automobile & General Industries which include, Power, ESDM, etc. GSK has its Vemagal 666 GSK, , Mitsubishi Electric largest greenfield tablet manufacturing facility. Harohally (Phase I, II, III) 2,380 Upcoming Multi-product industrial park. IT/BT Precision & Electronic Industries, Garments & Vasantha Narasapura (Phase 3,665 Wipro, Kirloskar Electrical Food Processing/Chemicals, & Other General Industries I, II, III) (Machine parts, Automobile industry, etc.). Tumakuru Machine Tool Park 530 Upcoming India’s 1st integrated machine tool industry park. Industrial cluster to facilitate OEMs and ancillary units Japanese Industrial Park 520 Upcoming with exclusive township-cum-industrial zone. Taiwanese Park, Part of Hardware Park, to be established by CDC & will 160 Upcoming Devanhalli be accommodating 100 companies from Taiwan. To be developed as model industrial layout Sira Phase I 815 Upcoming through private sector participation. Bengaluru Aerospace Wipro, Tyco, Shell, Theysenkrup, Earmarked Zone for Aerospace Component Industries, 732 Park Starrag India IT Industries, Defence Industries. Aerospace Common Finishing In collaboration with US Aerospace Supplier Bengaluru Aerospace 252 Facility, Dynamatic Technologies Development Mission to India in order to introduce SEZ Limited, Centum Electronics American companies to Indian joint venture groups. Bengaluru Hardware Park 849 Readink Technologies, OLEO India Hard Ware Park, IT/BT Park & General Industrial Area Industrial area for automobiles, Heavy Bidadi (Phase I, II) 1,498 Toyota, Bosch, Britannia, Coca Cola Engineering & FMCG.

The major industrial corridors can be identified as along Tumkur Road, Hosur Road, Hoskote – Naraspura – Vemgal and along Mysore Road – Bidadi. The land rates in Bengaluru 81 these corridors range betwwn INR 3,500 to INR 8,500 per sqm. The rates mentioned are indicative and may vary on other parameters.as well Sr. Project Name AEROSPACE 1 CSIR-NAL Sr. Project Name Outer Ring Road 2 HAL Aerospace Division REGIONAL INFRA MAP SH-96 AEROSPACE 3 Taneja Aerospace NH-44 2 CSIR-NALPeripheral Ring Road 4 AirWorks Rolla 4 HAL Aerospace Division NH-48 BENGALURU Elevated Highway 5 Thyssenkrupp Aerospace 8 Taneja Aerospace HINDUPUR Bagepalli 9 AirWorks 6 Mahindra Aerospace Hobli 26 ThyssenkruppSatellite Aerospace Town Ring Road (410km) Sira AUTOMOBILE & AUTO ANCILLARY Anantapur KIADB 29 MahindraBangalore Aerospace – Malappuram Economic Corridor (215km) Aerospace 7 Tokai Rika Minda AUTO AND AUTO ANCILLARY 8 Honda Motorcycle & Scooters Mangaluru SEZ & KIADB – Mangalore Economic Corridor Chennai Port Thumakunta NH-42 26 23 Tokai Rika Minda (355km) Bengaluru Hardware Park 27 28 Honda Motorcycle & Scooters 9 Scania Commercial Vehicles (350km) MADHUGIRI SH-94 Bangalore – Nellore Economic Corridor 10 30 Scania Commercial Vehicles Hosur 35 Toyota BangaloreKirloskar Motor – Chennai Economic Expressway 11 Volvo Bus Plant Mysuru SH-5 36 Volvo Bus Plant (190km) KURABALA KOTA 37 Tafe Tractors 12 Tafe Tractors CoimbatoreNH-69 Gauribidanur Mumbai – Bangalore Economic Corridor 13 TVS Motors (315km) Mumbai - Bangalore 38 TVS Motors NH-69 41 Ace Forge 14 Ace Forge Economic Corridor 50 Motherson Sumi 15 Motherson Sumi SH-3 Dhiburahalli 84 53 Mahindra Electric Mobility 16 Mahindra Electric Mobility BANGALORE-HYDERABAD HWY 83 61 Ashok Leyland Koratagere Gownipalli 71 Bosch Rexroth 17 Ashok Leyland TUMKURU ROAD 80 Federal-Mogul Goetze 18 Bosch Rexroth Tumkur 19 Federal-Mogul Goetze NIMZ SH-82 FMCG 45 Indo Nissin Foods FMCG CHIKKABALLAPUR 49 Coca - Cola Beverages 20 Indo Nissin Foods CHINTAMANI KIADB Naraspura 63 Pepsico Industrial Area 76 Unibic 21 Coca - Cola Beverages NH-69 79 Mars/Wrigley 22 Pepsico SH-84 Sidlaghatta The entrepreneurial spirit in 23 Unibic HEAVY ENGG. & MACHINE TOOLS TUMKURU 3 BEML Limited 24 Mars/Wrigley Srinivaspur NH-150A 52 DODDABALLAPUR NH-44 SH-35 5 HindustanBengaluru Machine Tisools bolstered by several HEAVY ENGINEERING & MACHINE TOOLS own 22 LM Wind Power Blades 50 Fire Station 25 ABBprogrammes and government 25 BEML Limited 66 Satellite T KIADB DITPL 32 Mitsubishi Electric 26 Hindustan Machine Tools Ring Road 78 Kempegowda 33 Tata Power KIADB Apparel Park 37 International SH-96 SH-99 initiatives. The city is home to 27 LM Wind Power Blades DABASPETE 39 Kirloskar Toyota Textile Machinery Bidadi 23 77 Airport Bengaluru KIADB Vemagal 30 40 Otis Elevators Industrial 24 Industrial Area 28 ABB 22 Kolar 29 43 TATAthousands Advanced Materials of start-ups Limited looking to KIADB 1 29 Mitsubishi Electric Area 48 SH-74 33 NH-69 48 Bosch Aerospace 32 NIMZ 74 Volvo Construction Equipment 30 Tata Power 79 26 create digital solutions to support NH-48 27 SEZ Nellore Economic 77 Doosan Bobcat Yelahanka 31 Kirloskar Toyota Textile Machinery Turuvekere KIADB 84 58 Corridor NH-75 82 Rail Wheel Factory 64 R.S. Hardware 83 86 Kolar 32 Otis Elevators 62 MULBAGAL various sectors. Our R2 Data 63 25 82 Park 66 28 33 TATA Advanced Materials Limited SH-94 80 Hoskote 36 IT & ITES 30 13 GoogleLabs housed in Bengaluru acts 34 Bosch Industrial 29 KIADB Naraspura 76 Area 28 15 NVIDIA Graphics 35 Volvo Construction Equipment Yesvantpur Industrial Area 19 Adobeas an acceleration hub for data 75 5 R.S. 16 36 Doosan Bobcat 49 35 74 6 1415 KUNIGAL Peenya Electric Sub OTHERS 37 Rail Wheel Factory Industrial Area 70 Bangalore 57 Station 6 BEL-THALESinnovation, Systems manufacturing and 71 Cantt. R.S Bangalore - Mangalore NH-75 73 1213 24 Hitachi IT & ITES 112021 Economic Corridor Magadi ORR 3 CFS SH-95 27 Molexoperational efficiencies. 38 Google 4 1817 Whitefield KIADB Malur 52 Herman Miller Bangalore City 2 7 Bangalore - Chennai 39 NVIDIA Graphics Industrial Area Expressway 55 Carl Zeiss Ring Rd Junction Railway 10 19 40 Adobe SH-85 Peripheral 60 Saint Gobain Gyproc SH-33 HAL Airport Area 62 United Breweries - Rolls Royce OTHERS Elevated 66 Wistron Infocomm (Apple) 41 BEL-THALES Systems Highway 83 OLEO India NH-42 84 Cellcomm Solutions 42 Hitachi SH-3 KIADB 43 Molex Nagamangala 55 PHARMA & BIOTECH 44 Herman Miller MAGADI ROAD 5250 Bommasandra 5354 1 GSKWe Vemgal are very excited to begin test Industrial Area 46 42 Mylan Laboratories 45 Carl Zeiss 48 47 Pedduru 4935 394041 42 Reserve 46 Bioconbatch production at our largest SH-85 43 47 Sigma Aldrich – Merck 46 Saint Gobain Gyproc KIADB Bidadi 45 61 Forest 47 United Breweries Industrial Area 38 Electric Sub 57 Ciplamanufacturing facility in India in Koppa Station 58 Sun Pharmaceuticals 48 Wistron Infocomm (Apple) 64 Kemwell Biopharma 49 OLEO India 60 75 HimalayaVemgal, Drug Company Kolar district, Karnataka. 50 Cellcomm Solution Melukote Bangalore - Malappuram HOSUR NH-48 86 Medreich Limited Economic Corridor 8 HOSUR ROAD Satellite Town 9 We have invested more than INR PHARMA & BIOTECH KIADB R&D 51 Glaxo Smith Kline Ring Road 7 ISRO, U R Rao Satellite Centre Kelamangalam Bommasandra 10 DRDO1000 crores to build this state- 52 Mylan Laboratories Electric Sub SH-17 55 Station Industrial Area 54 11 Airbus 53 Biocon MYSORE ROAD 12 Boeing 53 of-the-art facility, which at its NH-150A NH-2755 14 Rolls-Royce 54 Sigma Aldrich - Merck MANDYA 27 NH-48 1 Denkanikottai 4647 16 Philips Innovation Campus 55 Cipla Kanakapura 17 Mercedes-Benzfull utilisation, R&D has the capacity 56 Sun Pharmaceuticals 18 SAP Labs Neraluru 57 Kemwell Biopharma N SH-94 NH-948 Fire Station 20 ABBto Ability produce Innovation 9 Centerbillion tablets and N 21 GE Digital Hub W E

58 Himalaya Drug Company N Designed and published by E 73 Rallis Innovation & Chemistry Hub W capsules. Karnataka offers a 59 Medreich Limited Jones Lang LaSalle SH-84 S 42 SRIRANGAPW ATNA SH-33 SE 3940 TEXTILE & APPAREL MAP NOT TO SCALE SH-3 41 NH-77 right mix of socio-economic and RESEARCH & DEVELOPMENT S 43 54 Arvind Fashions 60 ISRO, U R Rao Satellite Centre NH-44 70 Paragon Polymers SH-92 61 DRDO COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. 45 78 Bombaypolitical Rayons environment and has the 62 Airbus 63 Boeing infrastructure and skill base to 64 Rolls-Royce pull investors. 65 Philips Innovation Campus 66 Mercedes-Benz R&D 67 SAP Labs - A. Vaidheesh, MD, GSK 68 ABB Ability Innovation Center 69 GE Digital Hub Pharmaceuticals Ltd 70 Rallis Innovation and Chemistry Hub TEXTILE & APPAREL 71 Arvind Fashions 72 Paragon Polymers 73 Bombay Rayons

82 Bengaluru Bengaluru 83 Chennai Detroit of India

May 2020 St. Thomas Cathedral Basilica, Chennai

84 Chennai is the largest industrial and commercial center of South India. From Madras to Chennai, this city has historically embraced diversified industries. The city is a hub for the manufacturing of automobiles and auto components, engineering, textiles and garments, leather products, software and IT-enabled services.

Scan QR code to access key weblinks

Industries State Industries Tamil Nadu Industrial Industrial Guidance and Export Department, Government Promotion Corporation Development Promotion Bureau of Tamil Nadu of Tamil Nadu (SIPCOT) Corporation (TIDCO)

Shore temple at Mahabalipuram, Tamil Nadu 86 Chennai STATE SNAPSHOT

GSDP Growth (FY18): HDI Rank (2018): 7.7% 4th Rank

Logistic Performance Index 14th Rank; INR 143 Bn (2019) : 5th Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State (FY 18): State’s contribution to India’s Exports 37,787; 1st Rank (FY19): 3rd Rank, 11.5% Note: Excludes Union Territories Tamil Nadu contributes:

2nd highest contributor to India’s 4th largest software renewable energy exporter from India capacity

st and 21% of the total auto 1 apparel production nd in from India 2 in textile production exports India (Coimbatore & Tiruppur are key clusters)

5th largest producer of 15% India’s electronic pharmaceutical hardware production production in India 2nd Highest exporter of 1st largest tyre engineering manufacturer in India products in FY18

• Second largest coastline in India with 1,076 km (after Gujarat) • Only state with 3 major ports out of 12 ports in India. It has 17 non-major ports

Chennai 87 WHY CHENNAI?

Chennai contributes

30% of India’s 4-wheeler 33% of India’s auto automobile industry parts production

16% of India’s electronics hardware production (computers, electronics & optical products manufacturing)

• Annual installed capacity of 1.46 Mn automobile units

• Offshore Engineering hub: Research Institutes such as IIT, National Institute of Ocean Technology, C-WET, Indian Maritime University, etc.

• Engineering centres of Vestas, Siemens Gamesa, Suzlon, Ingersoll Rand, Petrofac, Mott McDonald, TechnipFNC, McDermott, etc.

Chennai – Gateway to the World • Port Infrastructure: Only city to have 3 modern container ports (Chennai, Ennore, Kattupalli) • Combined handling capacity of 5.7 Mn TEUs (largest for any city in India) • Chennai Port: 2nd largest container port in India after JNPT, Mumbai

• Closest point in India to major manufacturing ecosystems such as China, Korea, Taiwan, Japan & ASEAN

88 Chennai SECTOR SNAPSHOT Emerging Sectors

Auto & ESDM Heavy Engineering IT & ITeS Medical Technology: Ancillaries HLL Medipark being developed as a medical technology manufacturing 45% of India’s total 20+ electronic 3rd in India’s production of Data Centre Hub: City with cluster, in 330 acres of land in automobile exports hardware General Purpose and Special largest bandwidth in India (FY18) technology firms Purpose Machinery through 3 submarine at Sriperumbudur, OFC cables Dedicated Auto Oragadam & Mahindra Life Sciences & R&D Hub: Mahindra World City 10% of India’s total IT Biotechnology: TIDCO Research Valley, NATRiP exports (FY19) Centre for Life Sciences (TICEL) & CVRDE facilities Foxconn, Flex, Biotechnology Park I: First Samsung, Nokia, TIDEL Parks, IT biotechnology Incubation Park in BMW, Hyundai, Ford, SalComp, Dell, Corridor on Old Tamil Nadu , Mitsubishi, Sanmina Mahabalipuram TVS Motor, Ashok Aerospace & Defence: Leyland, Royal One of two India’s dedicated defence Enfield, CEAT, Daimler, corridors (Chennai, Hosur, Salem, TVS, Mitsubishi, Coimbatore, Tiruchirapelli). Other is in Michelin, Yamaha, Uttar Pradesh Mahindra & Mahindra, , MRF, Ashok Leyland, Doosan, Renault-Nissan Alstom, Bonfiglioli, Vestas, Caterpillar, Komatsu, Siemens Gamesa,

Prominent industrial areas for greenfield and secondary transactions

Industrial Park Total Area (Acres) Major Occupiers Remarks

First operational greenfield SEZ in India comprising IT, BMW, B Braun, Nera Electronics, TTK Group, TVS Group, Mahindra World City 1,525 Auto & Apparel SEZs. Most successful integrated industrial Linea Fashions, Nexteer, NTN, Renault Nissan township in India. Integrated Industrial township for auto & general Ajinomoto, Takasago, Maruchan Ajinomoto, Hitachi Ascendas One Hub 1,250 machinery, one of 12 Japanese Industrial Townships Automotive in India. , Motherson Sumi, Apollo tyres, Nokia, Major concentration of automotive & auto ancillary SIPCOT Oragadam Industrial Komatsu, Bosch, Renault Nissan, Posco ICPC, Daimler, 2,727 units in Chennai. Several private parks with ready built Growth Centre Bridgestone, GK Driveline, Valeo, Seoyon E-HWA infrastructure have sprung near this zone. Automotive, Subros Roki Minda, Yamaha, Sekisui DLJM Moulding, Koyama SIPCOT Vallam - Vadagal 1,503 Automotive & auto ancillary cluster Precision, Royal Enfield, Valeo Lighting, Integrated manufacturing SEZ with exclusive zone for Aerospace components & defence production and aircraft SIPCOT Aerospace Park, Vallam 345 Upcoming MRO. Identified as one of the two Defence Industrial Production Corridor by GoI. Pillaipakkam & R&N CMR Toyotsu, FCC Clutch, MEI Foundry, Royal Tyres, United 847 Automotive & auto ancillary cluster. Industrial Park Industries Plastic, Uno Minda, Yurozu JBM, JK Tyres Hyundai, Tata Bluescope, AIS Auto Glass, Schwing Setter, Automotive & auto ancillary cluster: Hyundai is the major SIPCOT 1,811 Hwashin Automotive, Polyhose occupier along with ~ 15 component suppliers. Asian Paints, Saint Gobain, Hitech Plast, Nippon Paint, SIPCOT Sriperumbudur 2,220 Automobiles, Electronics and Float Glass. Nokia, Salcomp, Faurecia, Ashok Leyland Focus greenfield industrial area for SIPCOT Hitech SEZ 572 Dell, Motorola, Samsung, Foxconn Electronics Manufacturing. Madras Export Processing Zone Venture Power Systems, Indian Terrain Fashions, Godrej One of the seven export processing zones in India set up by 265 (MEPZ) & Boyce the central government. Industrial Western Thomson, Green Signal Bio Pharma, Manchu 1,478 Heavy Engineering, Power, Chemicals. Complex and EPIP Toughened Glass, Mabel Engineers Private Industrial Park for engineering, food processing, automotive, logistics and aerospace developed Mahindra Origins, 700 Nissei, Yanmar with Sumitumo Corporation. Designated Japanese Industrial Township. Thervoykandigai Indl. Park 1,127 Michelin, Grupo Antolin Auto ancillary, Power, Heavy Engineering.

The major industrial corridors can be identified along as Irrungutukttai-Sriperumbudur, -Periyapalam, Oragadam-Marai Malai Nagar & --Ennore. The land rates in these corridors range between INR 2,960 to INR 27,200 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Other private Industrial Park include Indospace, Embassy & Hiranandani at multiple locations viz.: Oragadam, Sriperumbudur, PolivakKam, Puduvoyal, etc. which have large area under development and existing occupiers Chennai 89 Sr. Project NameVishakhapatnam – Chennai Industrial Corridor SL. Project Name Pichatur SH-52 9289 70 Gummidipundi RS Dam Siruvada GUMMUDIPOONDI AUTO & ANCILLARY AUTO & ANCILLARY Forest 88 1 Hyundai Motor Nagalapuram Vishakhapatnam- SH-104 1. Hyundai ChennaiMotor – Bengaluru Industrial Corridor 2. AIS Auto Glass 2 AIS Auto Glass Palem Nindra ThervoykandigaiRange Chennai Industrial CHENNAI 3. HwashinChennai Automotive – Kurnool Economic Corridor 3 Hwashin Automotive THERVOYKANDIGAI 4. Roki Minda 4 Roki Minda 5. Renault-Nissan Mahindra 6. NTN NEI Manufacturing 5 Renault – Nissan 36 Corridor Chennai – Economic Corridor Chennai-Kurnool Peria Puliyur RS Origin 7. Nexteer Automotive 6 NTN NEI Manufacturing 36 55 35 Forest 8. TVS Group 7 Nexteer Automotive Economic Corridor Arani River 9. BMW Arani55 River35 Propo 10. Hitachi Automotive Systems 8 TVS Group sed Periphe Uthuk ral Ring Ro 11. Faurecia Arani River g Rd Ponneri RS ad 12. Ashok Leyland 9 BMW l Rin Peria Puliyur Periyapalayam era 13. Yamaha 10 Hitachi Automotive Systems SH-51 iph ANDHRA Forest er SH-56 SH-107 14. Royal Enfield P 11 Faurecia d Kattupalli Port 15. Valeo se o Anuppambattu RS 12 Ashok Leyland p 16. SekisuiWe DLJMstarted Molding our operations in ro 17. KOYAMA Precision Works 13 Yamaha PRADESH P Chembarambakkam Kattupalli SH-50 Lake 18. Royal Enfiled 14 Royal Enfield 19. Motherson Sumi SH-50A SH-56 Minjur RS Chennai in 2007 and invested 15 Valeo 20. Cosma International NH-16 21. JBM 16 Sekisui DLJM Molding 32 59 22. RenaultINR 12.5Nissan Bn in the operations 31 RS 17 KOYAMA Precision Works 3369 23. Daimler 18 Royal Enfield 87 1 3 2 24. 68 58 Athipattu 25. Apolloof the Tyres plant in the past 12 19 Motherson Sumi 67 a er Pudhunagar 26. Bridgestone 30 sthalai Riv 60 20 Cosma International 34 RS Ennore Port 27. GKNyears. Drivefine Tamil Nadu has very 21 JBM 28. Valeo Ennore RS 29. Seoyon E-HWA Automotive 22 Renault Nissan Pillaipakkam SH-114 30. FCC Clutch SH-56 23 Daimler SIPCOT Irungattukottai 31. Mandogood Automotive accessibility, logistics NH-716 RS 32. UNO Minda 24 EICHER Motors Sriperumbudur 97 33. Yorozu JBM Automotive 25 Apollo Tyres 73 Poondi ENNORE 34. JKand Tyres infrastructure. It has the 49 26 Bridgestone Lake 96 Wimco Nagar 35. Michellin Manali 48 RS 36. Grupo Antolin 27 GKN Driveline SH-50A Lake 37. Fordright mindset in the political 28 Valeo 86 51 38. Hanon Systems Madhavaram Thiruvottiyur RS 29 Seoyon E-HWA Automotive 78 39. JBM Auto Systems Palavedu Container Corporation of India ICD 1 40. Yenvironmentazaki with right policies, 30 FCC Clutch 72 76 4 Lake 41. CEAT NH-48 42. Visteon 31 Mando Automotive 77 13 15 NH-716 Tiruninravur RS which are business friendly. 32 UNO Minda NH-716 44 RS 43. Bonfiglioli Transmissions 17 85 44. TAFE Putlur RS Vepampattu RS RS 33 Yorozu JBM Automotive 14 Kadambatur RS 12 100. Delphi TVS RS Lake And, the most important factor 34 JK Tyres Kavanoor 28 RS AVADITirumullaivoyal 8 Basin Bridge Junction RS 16 18 Egattur RS Thirunindravur FMCG 35 Michelin Big Lake 26 er SH-50 RS RS iv 83 Ajinomotofor any enterprise of our size 36 Grupo Antolin SIPCOT R Chennai Beach RS Chennai Port 84 Maruchan Ajinomoto Thiruvallangadu RS m 37 Ford Mosur RS 79 29 u Vallam-Vadagal 25 o POWER & ENERGY o SH-114 is people, and we do find very 38 Hanon Systems C Junction 93 Doosan Power Systems 39 JBM Auto Systems ARAKK ONAM Proposed Peripheral 93 46 94 Alstomskilled T&D and qualified people 40 Yazaki SH-58 95 Vestas u 96 Siemens Gamesa 41 CEAT K sithalai Ri Ring Road 90 97 Toshiba JSW Power Systems 42 Visteon ve NH-48 r Nayapakkam Thandalam here. So, the decision was clear Takkolam Eri CHEMICAL & PETROCHEMICAL 43 Bonfiglioli Transmissions RS Eri 44 TAFE SH-50B SH-50B 100 52 45 45 Asian Paints SH-120 71 50 Adyar 46 Niponfor usPaint to start our operations 100 Delphi TVS Chembarambakkam 26 ICD, Kerry Indev Logistics Lake SH-113 66 B A Y 47 Flosil-Bet CHEMICAL & PETROCHEMICAL Periya Eeri 2 59 Chennai 53 48 Madras Petrochemicals 1 3 2 58 International ADYAR here. 45 Asian Paints 27 49 Petro Araldite 60 Thirumudivakkam Airport 50 Manali Petrochemical 46 Nippon Paint 79 29 Chennai- O F 25 94 SH-48 51 CPCL Refinery 47 Flosil – BET IRUNGATTUKOTTAI 43 52 Petrofac 48 Madras Petrochemical 64 41 BengaluruSRIPERUMBUDUR 32 RS 82 B E N G A L 53 TechnipFMC - Dr. Jochen Stallkamp 63 31 54 Flosil Oil & Gas 49 Petro Araldite Tirumalpur RS 3369 75 74 Industrial 87 RS ENGINEERING Managing Director, BMW 50 Manali Petrochemical 24 73 67 68 PILLAIPAKKAM SH-109 62 30 9998 51 CPCL Refinery Corridor 34 61 55 Bekaert Industries Marshland 56 Takasago 52 Petrofac 22 23 86 57 EL Forge 53 TechnipFMC 78 58 Polyhose India Rubber 76 Vallam SH-110 59 Schwing Stetter 54 Flosil Oil & Gas SIPCOT 21 72 4 37 95 77 13 15 RS 80 60 Tata Blue Scope ENGINEERING Oragadam 17 61 Venture Power Systems 55 Bekaert Industries NH-48 14 62 Komatsu SH-48 Arignar Anna 63 Bosch Electrical Drives 56 Takasago 20 65 16 18 28 P r 64 SubrosTamil Nadu is uniquely 26 o Zoological Park 57 EL Forge p 57 27 o SH-49A 65 POSCO-ICPC s 29 e Urapakkam RS 67 CMR Toyotsu Aluminium 58 Polyhose India Rubber 25 79 d Theneri SH-58 64 P 68 MEIpositioned Foundry because the 59 SCHWING Stetter Lake 63 e r NH-32 69 KONE Elevators 75 74 i SH-121 60 Tata Blue Scope Kanchipuram RS 24 p SH-49 70 Mabel Engineers 62 h e state is amongst the highest r 71 Ingersoll Rand 61 Venture Power Systems 22 23 a l

62 Komatsu Nathapettai R ESDM Singaperumal Koil 21 i RS ORAGADAM n RS g manufacturing contribution to 63 Bosch Electrical Drives 72 Flex 2065 R Potheri RS o 73 Salcomp 64 Subros 57 a 47 65 POSCO – ICPC d 74 DanfossGDP Industriesof India at 21%. Further, Palar River 75 Nokia 66 Samsonite 5SH-58 76 Dell Mahindra Ulavur 11 54 67 CMR Toyotsu Aluminium RS 91 77 Samsung WorldPalar City River SH-57 39 40 78 Foxconnthe skill level in engineering 68 MEI Foundry Palayasivaram RS 9 6 19 38 42 Maraimalai 79 Sanmina 69 KONE Elevators Palur RS Nagar 80 HCLand related industries is quite 70 Mabel Engineers 7 81 Samsung Singaperumal Koil 82 Ericsson 71 Ingersoll Rand RS The Great r OTHERSsublime in the state. Skill India ESDM ya Salt Lake Che y SH-58 Paranur 5 72 Flex RS 91 85 Godrej & Boyce SChengelpetH-118A Junction Reddipalayam RS 9 6 86 SaintProgram Gobain is very close to our 73 Salcomp 87 United Industries Plastic SH-116 RS 7 74 Danfoss Industries P 88 Western Thomson Kolavai ro p 89 Manchuheart Toughened and weGlass are investing 75 Nokia Lake o se 66 Samsonite 76 Dell N d Kattur Chengelpet Pe N Reserve PHARMACEUTICAL E r heavily in skilling India. 77 Samsung NW Chengalpattu

Designed and published by Junction RS ip Forest E h SH-49 78 Foxconn W e 90 TTK Healthcare Jones Lang LaSalle ra SW l SH-49A 91 B.Braun Medical 79 Sanmina CheyyarSE R Chennai-Madurai in 92 Green Signal Bio Pharma MAP NOT TO SCALE g 80 HCL S Ro Economic Corridor ad TEXTILE AND APPAREL 81 Samsung 8483 82 Ericsson COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. NH-32 SH-58 10 98 Linea Fashions - Mr. Josh Foulger Ascendas One Hub 56 99 Indian Terrain Fashions FMCG Country Head and MD, 83 Ajinomoto 84 Maruchan Ajinomoto Foxconn International Holding POWER & ENERGY OTHERS PHARMACEUTICAL TEXTILE & APPAREL 93 Doosan Power Systems 85 Godrej & Boyce 90 TTK Healthcare 98 Linea Fashions 94 Alstom T&D 86 Saint Gobain 91 B. Braun Medicals 99 Indian Terrain Fashions 95 Vestas 87 United Industries Plastic 92 Green Signal Bio Pharma 96 Siemens Gamesa 88 Western Thomson 97 Toshiba JSW Power Systems 89 Manchu Toughened Glass 90 Chennai Chennai 91 Tirupati-Chennai-Nellore The Tri-city Industrial corridor STATE SNAPSHOT

GSDP Growth Rate (FY18): HDI Rank (2018): 11.3% 10th Rank

Logistic Performance Index 4th Rank; INR 675 Bn (2019) : 5th Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State (FY18): State’s contribution to India’s Exports: th 16,296; 4 Rank 6th Rank, 2.8% (FY19)

Note: Excludes Union Territories Andhra Pradesh contributes: >200 20% electronic Pharmaceutical units manufacturers in India

2nd largest source of calcite 34% Export value of marine & limestone in India exports from India

• 29 operational SEZs across diversified sectors including textiles & apparels, food processing, pharma, multi-products, IT SEZs • First state in India to have enacted the Industrial Single Window Clearance • Large coastline of 974 km • Krishnapatnam Port is one the fastest growing port of India, and is a node on the Chennai – Bengaluru Industrial Corridor

Scan QR code to access to key weblinks

Department of Andhra Pradesh Andhra Pradesh Economic Industries, Governmnet Industrial Infrastructure Development Board of Andhra Pradesh Corporation (APIIC) (APEDB)

92 Chennai Why Tri-city Hub?

Tri-City Hub (Tirupati-Chennai-Nellore)

• Tirupati-Chennai-Nellore is known as the tri-city industrial growth corridor • This region falls under the influence zone of two industrial corridors – Chennai-Bengaluru Industrial Corridor (CBIC) & Vishakhapatnam-Chennai Industrial Corridor (VCIC) • Tirupati is now emerging as an Electronics Cluster by developing Electronics Manufacturing Clusters right next to the newly developed airport terminal

Sri City • Largest industrial park in South India, and is home to ~200 companies from 27 countries • Attracted total investments of ~USD 4 billion • Located on Andhra Pradesh - Tamil Nadu border. Thrives on Chennai’s industrial ecosystem and port capacity

Naidupeta Cluster

• Proposed Naidupeta Cluster comprises of Naidupeta MPSEZ, IP-Naidupeta and IP-Attivaram • It comes under the VCIC within the Yerpedu- Node • Naidupeta Cluster is where the state wants to attract Pharma Companies

Chennai 93 SECTOR SNAPSHOT

Emerging Industrial Auto & Pharmaceutical Cluster of Andhra Pradesh ESDM Ancillaries FMCG

20 EMCs planned Isuzu Motors, Synergy Remides, Sri City an across the region. Hero Motor Corp Ashwini Bio emerging hub 3 EMCs in this Alstom, TVS, TATA Pharma, clusters. TRAD Malladi Drugs & Largest factory of Pharmaceuticals, PepsiCo in India at Artura Pharma, Sri City. Largest TIL Healthcare plant of Mondelez in Asia-Pacific region at Sri City

PepsiCo, Modelez, Kellogg’s, Colgate- Palmolive

Amara Raja,TCL, Celkon, Karbonn, Voltas, Dixon Technologies, Exatron Services

Favourable business environment, fantastic facilities, infrastructure, access to great talented people, strong workforce, and most importantly the Government support of Andhra Pradesh, really led us to Sri City. That is the reason why we are trying to build something special here in SriCity.

- Daniel Myers Executive Vice President, Integrated Supply Chain, Mondelēz International

94 Chennai Prominent industrial areas for greenfield and secondary transactions

Total Industrial Park Area Major Occupiers Remarks (Acres)

It includes a multi-product SEZ, Sri City (Includes Kellogg’s, Isuzu, Mondelez, a DTZ, an FTWZ, a Logistics & Indospace Park: 7,500 Pepsi, Alstom, Kobelco, Warehousing Cluster & an Electronics 30 acres) Foxxconn, Danieli Manufacturing Cluster.

Multi-product Industrial Park. Apache APIIC Industrial Bharat Forge, Indus Coffee, 380 Footwear exports Adidas brand and Park, Mambattu Apache Footwear employs 10,000+ people.

Sri Venkateswara India’s first Electronics Manufacturing Mobile & 120 Celkon, Karbonn Cluster: Dedicated mobile handset & Electronics Hub electronics manufacturing facility. (EMC-I), Tirupati

Electronic Dixon Technologies, Munoth Located near EMC-I & adjacent to Manufacturing 501 Industries Tirupati International Airport. Cluster II, Tirupati

World’s third largest TV panel TCL Industrial TCL and its components 153 manufacturing Chinese firm TCL’s first Park, Tirupati suppliers industrial plant in India.

Greentech Industries, Prime Naidupeta Focus sectors: Automobile & Ancillary, 2,549 Electricals, Hemair Systems, MPSEZ Pharmaceuticals. Aurobindo Pharma

Hindustan National Glass & Naidupeta Industries, SKI Carbon Black, Focus sectors: Textiles & Apparel, 1,244 Industrial Park Loyala Textiles, BASF India, Pharmaceuticals, Chemicals. Chemsynth Laboratories

Attivaram DRA Industries, Nithya Steels Focus sectors: Engineering & 406 industrial Park & Alloys Machine Tools.

The major industrial clusters can be identified as Sri City, Tirupati and Naidupeta, and their adjoining areas. The land rates in these corridors range between INR 1,750 to INR 2,550 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Chennai 95 Hyderabad Fostering new innovations in manufacturing sector

Hussain Sagar, Hyderabad

96 97 Hyderabad has emerged as the second silicon valley of India and is often referred to as Cyberabad. The region is a significant contributor to the IT, pharma, bio-tech, medical devices, aerospace, defence and ESDM sectors.

Scan QR code to access to key weblinks

Commissionerate of Industries & Commerce Telangana State Industries Department Industrial Infrastructure Corporation (TSIIC)

Quli Qutb Shahi Tombs, Hyderabad 98 Hyderabad STATE SNAPSHOT

GSDP Growth Rate (FY18): HDI Rank (2018): 10.2% 9th Rank

Logistic Performance Index 12th Rank; INR 210 bn th (2019) : 8 Rank IEMs Implemented (Jan’14 – Dec’19)

No. of Factories in State (FY 18): State’s contribution to India’s Exports 15,263; 6th Rank (FY19): 10th Rank, 6.4% Note: Excludes Union Territories

Telangana contributes:

50% of India’s bulk 10% of global generics drugs exports drugs volume

Telangana State Industrial Project Approval and Self-Certification System (TS-iPASS) Speedy processing of applications for various clearances for setting up of industries at a single point • Definitive timeframe (ranging from 1 - 30 days) • Penalties on government officers for any delays in granting approvals

Policy & Institutional Support – Proactive government • Telangana ICT Policy, 2016 • IoT Policy 2017 • Telangana Electronics Policy, 2016 • Block-chain Policy (draft stage) • Telangana Innovation Policy, 2016 (first in India) • Exclusive Data Center policy • Drone Policy 2019 (first in India) (first in India) • of India, and is a node on the Chennai – • IMAGE Policy, 2016 (Animation & Gaming) Bengaluru Industrial Corridor

Hyderabad 99 WHY HYDERABAD? Central Location: A key to access large hinterland

1/3rd of global 2/5th of domestic vaccine production pharma production

16% of India’s 1/5th of national software exports defence production 53 IT SEZs Largest cluster of IT SEZs in the country

Hyderabad is giving stiff competition to Bengaluru in the absorption rate of Grade A commercial office space for R&D centers and IT companies.

Amazon India Headquarters, Hyderabad

Apple, Amazon, Facebook, Microsoft, Uber, Google (ongoing), Qualcomm (ongoing) – largest campus outside the US

Skilled labor pool:

18 ITIs (vocational training centers) in the Hyderabad Region (HMR) and its vicinity. Metropolitan

Source: Dept. of Employment & Training, Govt. of Telangana

100 Hyderabad SECTOR SNAPSHOT Emerging Sectors

Pharma & Aerospace & Hardware & ESDM IT & ITeS Innovation Lifesciences Defence as a Driver

T- HUB : India’s largest technology incubator, It is a first-of-its-kind PPP, incorporated in 2015: Genome Valley - 457 start-ups incubated till Jan 2019 (Genome Valley 2.0 planned) Adibhatla Aerospace T-Works : India’s largest SEZ & GMR prototyping center for ESDM hardware India’s first and Aerospace Park and mechanical largest R&D start-ups; launched in 2019 and biotech cluster. NIMZ & Fab City – E-City Established and India’s only multi- Includes Life sciences Dedicated expanding cluster B-HUB ( Biotech Hub): product SEZ near an focused incubators manufacturing zones around HITEC City Announced in 2018, a scaled-up airport, along with and multi-tenanted for ESDM and Gachibowli manufacturing facility for biopharma domestic tariff area lab space R&D companies, with a turnkey incubator

• Pharma City (upcoming) – World’s largest Niche focus: High-skill and superior technology integrated industrial cluster for pharmaceuticals manufacturing sectors: • Bharat Biotech – World’s first company to file a • Drone technology Zika virus vaccine candidate patent • Nano-sciences • Artificial intelligence • Self-driven car technology Prominent industrial areas for greenfield and secondary transactions Total Area Industrial Park (Acers) Major OccupiersRemarks

Biggest textile park in India. Envisioned for an integrated Kakatiya Mega 1,190 Upcoming Textile Park company Youngone is the anchor investor.

Hyderabad Proposed integrated development with objective is to set 19,333 Upcoming Pharmacity up the entire value chain of the pharmaceutical industry. EMC ECity 603 Upcoming Greenfield electronics manufacturing cluster. EMC Maheshwaram 302 Ready-to-use multi-tenanted modular Laurus, USP, Du Pont, Adama, Escientia IKP Knowledge Park 200 Part of Genome wet labs and land for customised Biopharma, Sai Life Sciences, Biological E R&D facilities. organized R&D TCI-Tokyo Chemicals, Mylan, Novartis, India’s first Industrial Park to offer turn- MN Park 400 cluster. GSK, Alembic key fully fitted lab & office spaces. Private Industrial Park for engineering, food processing, Medical Devices , Cyient, Sahajanand 250 automotive, logistics and aerospace developed with Park, Sultanpur Medical Technologies Sumitumo Corporation. GMR Aerospace 5,500 Citron, Cyient, Safran Automobiles, Electronics and Float Glass. Park Adibhatla TATA Advanced Systems Limited, JV units 337.8 Focus greenfield industrial area for ESDM. Aerospace SEZ with Lockheed Martin, Sikorsky & GE Zaheerabad NIMZ** 12,635 UpcomingAutomotive & auto ancillary cluster.

The major industrial clusters can be identified as Kompally – Medchal, Shamshabad, Cherlapally – Uppal – Nagole and Patancheru - Balanagar. The land rates in these corridors range between INR 3,700 to INR 19,800 per sqm. The rates mentioned are indicative and may vary on other parameters as well. Exploring India’s ManufacturingHyderabad Destinations101101 Nehru Outer Ring Road SL. ProjectName NH-44 Genome Sr. PuneProject Vijayawada Name Nyalkal Valley LIFE SCIENCE ZONE LIFE SCIENCE ZONE HYDERABADSH-15 NH-161 SH-6 Shivampet 1 EconomicDuPont Corridor 7 2 Escientia Lifesciences 1 DuPont 6 5 3 Hyderabad – 2 1 SH-9 3 US Pharmacopeia 2 Escientia Lifesciences Singur Dam 4 4 AurangabadAdama Economic 9 5 CorridorLaurus Labs r & D Center 3 US Pharmacopeia Reservoir RAJAPET 6 Laxai Life Sciences Hyderabad-Aurangabad 8 4 Adama Jangaon 7 HyderabadSai Lifesciences – Panaji Pune Vijaywada Economic Corridor 8 GSK Consumer Healthcare 5 Laurus Labs r & D Center 9 EconomicB Hub Corridor 6 Laxai Life Sciences Economic Corridor 7 Genome 6 5 3 1 TRADITIONAL PHARMA ZONE 7 Sai Lifesciences Valley 2 9 Aler 10 Hi tech Pharmaceuticals 8 GSK Consumer Healthcare SANGAREDDY 4 8 Bharat11 Mylan Biotech Laboratories is the Ltd. 9 B Hub DUNDIGAL NH-163 youngest12 Transgene Indian Biotek vaccine ZAHEERABAD Nehru Outer SH-17 13 Gland Pharma TRADITIONAL PHARMA ZONE Batco Integrated manufacturer14 Hyderabad of Ammonia multiple & Chemicals 10 Hi tech Pharmaceuticals Ring Road humanPvt. vaccines. Hyderabad Logistics Pvt. 15 Dr. Reddy's Laboratories 11 Mylan Laboratories Ltd. Limited Central is 21closeAurobindo to the centre Pharma of India 14 22 Hyderabad Chemical Pvt Ltd 12 Transgene Biotek Warehousing & easily accessible. The 21 10 11 BHUVANAGIRI 23 Daewoong Pharmaceutical 1 Corporation city has eminent scientific 13 Gland Pharma Marpally 15 13 12 35 Lucid Laboratories Pvt. Ltd. institutions such as Center 14 Hyderabad Ammonia & Chemicals Pvt 23 3 Fire Station AEROSPACE, DEFENCE AND ESDM 15 Dr. Reddy’s Laboratories Railway forZONE Cellular & Molecular Goods Yard 2 35 22 BEGUMPET AIRPORT Atmakur(M) Biology, Indian Institute 21 Aurobindo Pharma 46 Secunderabad R.S. of16 ChemicalTata Boeing Technology, Aerospace Ltd. 22 Hyderabad Chemical Pvt Ltd 47 43 4 Electric Sub 17 Tata Advanced Systems 4442 48 33 Station Jawaharlal18 Nucon NehruAerospace Pvt Ltd. 23 Daewoong Pharmaceutical 40 39 TSIIC 19 Tata Teleservices 41 30 Technological20 ESDM (C-DAC) University, 35 Lucid Laboratories Pvt Ltd. 32 45 31 Aerospaces Osmania24 Tata University,Lockheed Martin Central Aerostructures AEROSPACE, DEFENCE AND ESDM ZONE Container SEZ UniversityLtd. of Hyderabad, Kacheguda 25 Tata Sikorsky Aerospace Limited 16 Tata Boeing Aerospace Ltd. Corporation of Nampally R.S. 18 three other vaccine India Valigonda KNOWLEDGE ZONE 17 Tata Advanced Systems Vikarabad Fab City R.S. 16 manufacturing companies, 34 17 18 Nucon Aerospace Pvt Ltd. Hub30 forCSIR Bulk - Indian Drugs Institute & highly of Chemical 19 Tata Teleservices rankedTechnology pharmaceutical RAJIV GANDHI NH-65 31 CSIR - National Geophysical 20 ESDM (C-DAC) Dharur formulationResearch & filling Institute INTERNATIONAL companies32 CSIR -& Centre cosmopolitan for Cellular & 24 Tata Lockheed Martin Aerostructures Ltd. 16 Narketpalli25 Molecular Biology TSIIC Aerospaces 24 25 Tata Sikorsky Aerospace Limited AIRPORT 19 17 18 capitol33 National city. Institute of Nutrition 20 25 34 Central Research Institute for ICD & CFS 24 SEZ Dryland Agriculture- Dr. G.V.J.A. Harshavardhan, 26 Central Warehousing Corporation Tandur SH-4 SH-21 27 Container Corporation of India Pargi Fab City Director, Bharat Biotech 28 CWCL and KRIL ODISHA International Ltd. 29 Batco Integrated Logistics Pvt. Ltd. 5 Manchal CWCL and KRIL 38 Railway Goods Yard PARGI RD KNOWLEDGE ZONE NH-765 SH-19 Marriguda Hyderabad continues to be an attractive location 30 CSIR – Indian Institute of HUSNABAD NH-44 Chemical Technology Ghattuppal when looking at several key Pharma criteria including access to 31 CSIR – National Geophysical N

N E

NW Designed and published by City a highly educated science Research Insitute E W Jones Lang LaSalle FAROOQNAGAR and digital talent pool with SW 32 CSIR – Centre for Cellular & Molecular SE MAP NOT TO SCALE extensive pharmaceutical S SH-23 Biology Hyderabad - Panaji experience, a mature global 33 National Institute of Nutrition COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. Economic Corridor services delivery centre 34 Central Research Institute for Dryland and cost effectiveness. . Agriculture Hyderabad has a strong innovation ecosystem with T-Hub being India’s largest start-up incubator. The city is the bedrock for technology driven firms through a fast modernising infrastructure and availability of talent. - Sanjay Murdeshwar, Country President, Novartis

102 Hyderabad Hyderabad 103 Ahmedabad India’s Emerging Auto Hub

Mahatma Mandir, Convention and Exhibition Center, Gandhinagar

104 105 Ahmedabad – India’s first heritage city declared by UNESCO – has been an industrial base for sectors such as chemicals, textiles, pharmaceuticals and agro & food processing industries. Sanand – Mandal – Becharaji industrial belt is fast emerging as a major automotive manufacturing cluster, driven by investments by Japanese companies.

Scan QR code to access key weblinks

Gujarat Industries Gujarat Industrial Development Industrial Extension Department Corporation (GIDC) Bureau (iNDEXTb)

Rani ki Vav - 11th Century Stepwell, Near Ahmedabad 106 Ahmedabad STATE SNAPSHOT

GSDP Growth (FY18): No. of Factories in State (FY 18): nd 11.2% 26,586; 2 Rank

Logistic Performance Index 1st Rank INR 16,156 Bn (2019) : 1st Rank IEMs Implemented (Jan’14 - Dec’19)

HDI Rank (2018): State’s contribution to India’s 8th Rank Exports (FY 19): 17.2% Note: Excludes Union Territories Gujarat contributes:

30% of processed food & 40% of chemicals exports dairy exports from India

35% of cotton produced 62% of India’s in India (Largest Producer) petrochemical production

65% of demin fabric 25% of country’s textile production in the country manufacturing output

Business 36% of 1,500 km Western Dedicated Freight Corridor (WDFC) is Opportunities through Gujarat (565 km) with 6 nodes including Ahmedabad – node

State with longest 1st Rank in cargo throughput coastline: 1,600 kms amongst all Indian ports Highest number of Private Industrial Park Development operational ports Scheme, 2015: First state to and commercial cargo promote & encourage ports: 44, handling ~2/5th private industrial parks of total port cargo in India development through incentives

Ahmedabad 107 WHY AHMEDABAD?

Ahmedabad contributes:

6% market share of Indian 10% of India’s automobile sector pharmaceuticals market

The largest city of Gujarat (6.4 mn poulation) has an estimated GDP of USD 68 billion

The city constitutes 21.5% of total industries in the state and employees 18% of workers of the state

Headquarters of big corporates such as Zydus- Cadilla, , Nirma Group of Industries, , Arvind and Dishman Pharmaceuticals & Chemicals

Large-scale Greenfield industrial cities

Dholera Special Investment Mandal Becharaji Special Gujarat International Region (DSIR): Investment Region (MBSIR): Finance Tec – City (GIFT) • Greenfield • Expected to emerge as • India’s only International Industrial City - 100 km India’s largest auto-hub Financial Services Center from Ahmedabad once all expansion plans (IFSC) trying to compete are completed with financial centres like • Largest node on Singapore, Hong Kong the Delhi – Mumbai • Currently over 0.5 and Dubai Industrial Corridor million cars produced (DMIC) - 920 sq.km. every year • India’s first operational smart city with 886 acres • Focus Sectors: • Suzuki Motors and of land with 62 Mn. Sq.ft. of Defence and Aerospace, Honda Motorcycle & built up area Automotive, Scooter are the main Capital Goods Auto OEMs • Strategically located near Ahmedabad Airport (12 km), Gandhinagar (12 km) & Ahmedabad (25 km)

108 Ahmedabad SECTOR SNAPSHOT Emerging Sectors

Pharma & Auto & Textiles & Apparel Capital Goods: Hub forTextile machinery, Ancillaries Lifesciences plastic moulding machinery Well-developed auto Products: APIs, 3 Textile SEZs in clusters – Sanand, Formulations, Ahmedabad with Mandal-Becharaji with Biological Products, investment of major players like Contract Manufacturing ~INR 5 billion Tata Motors, Suzuki Motors, Honda Motorcycle & Scooter, etc.

Japanese Industrial Township, Japanese 1/3rd of state’s ATIRA – India’s largest Industrial Zone ESDM: Ahmedabad has been notified as an pharma units textile research & first & Auto Value EMC (Electronics Manufacturing Cluster) across 1500 ha textile testing lab Chain Park Prominent industrial areas for greenfield and secondary transactions

Total Area Industrial Park Major Occupiers Remarks (Acres) CIL Nova Petrochemicals, Tata Motors, Focus sectors: Engineering, Automobiles & ancillary units, GIDC Sanand Industrial Estate 5,080 Ford, Bosch, Magna, Valeo, Ascent Yarns Engineering plastics, Semiconductors, Electronics, Medical Devices.

Japanese Industrial Township, An ecosystem of core manufacturing, allied industries 1,750 Upcoming & supporting facilities for Auto & ancillaries, Engineering & Sanand III (Khoraj) Pharmaceuticals sectors.

Completed Suzuki Motors has already operationalized two car Suzuki Motors, Honda Mandal – Becharaji SIR 25,205 manufacturing plants with 0.5 Mn. capacity. Honda has established Motorcycle & Scooter world’s largest scooter plant with 1.2 Mn. annual capacity.

Gujarat’s first country specific industrial estate delineated for Japanese Industrial Estate, Technotrends Autopark, Topre Corp, Japanese companies focussing on Auto & ancillaries, & Engineering 304 Mandal Murakami Corp, Roki Minda Company sectors with options of ready built facilities for immediate operations.

Greenfield Industrial City with focus sectors in Defense, Dholera SIR 22,734 Upcoming aviation, general manufacturing, etc.

Thermo Fisher Scientific, Intas Pharmez (Zydus) Industrial Park 270 Gujarat’s first pharmaceutical SEZ. Pharmaceuticals, Cadila Pharmaceuticals

Focused at value addition to textile manufacturing. Ahmedabad Apparel Park 94 Artex Apparel, Tarasafe International To be converted into a product specific SEZ later.

Vraj Integrated Textile Park 125 Upcoming Greenfield Textile SEZ with proposed further expansion.

Plug & play infrastructure with focus on textile, Origins by Mahindra World City 350 Upcoming automotive, pharmaceutical, medical equipment manufacturing, food processing, etc.

The major industrial corridors can be identified along Changodar – Bhayala road, Aslali – Kheda and Sanand – Becharaji. The land rates in these corridors range between INR 2,400 to INR 8,650 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Ahemadabad 109 SL. No. ProjectName AUTO & ANCILLARY Sr. Project(Ahmedabad Name - Vadodara) 1 AUTO & ANCILLARNational YExpressway 1 2 Roki Minda Harij WDFC Visnagar 1 1 Suzuki Motor Gujarat 3 Honda Motorcycle and Scooter India SH-55 2 Roki Minda 4 Tata Motors Samalaji 3 HondaWestern Motorcycle Dedicated and Scooter Freight India Corridor AHMEDABAD NH-48 5 Magna Automotive India SH-71 SH-143 4 Tata Motors SH-222 HIMATNAGAR Mandal 5 MagnaMumbai Automotive Ahmedabad India High 6 Valeo India Modhera 7 Bechraji SIR 6 ValeoSpeed India Rail 7 Ford India 8 Faurecia Automotive Seating Vijapur SH-55 MEHSANA 8 FaureciaKandla Automotive Sagar EconomicSeating Corridor 9 Motherson Automotive 3 9 Motherson Automotive 10 Munjal Kiriu Industries r 10 Munjal Kiriu Industries e v 14 S P Ring Road 11 JBM Group Shankheshwar BECHARAJI SH-19 i SH-145 13 11 JBM Group 12 Varroc Polymers R Meghraj i SH-146 12 Varroc Polymers 1 t MODASA 15 13 Mindarika a Bhagapura 13 Mindarika Rupen RIver m 14 Nagata Auto r 12 GIDC 14 Nagata Auto SH-18 a 15 Honda Four Wheeler b 15 Honda Four Wheeler a

S 28 TAhmedabadopre India offers 28 Topre India Mandal SH-138 32 Bosch Rexroth India 32 Bosch Rexroth India Bechraji SIR SH-5 42 Asahi India Glass 42 Asahia right India Glassmix of socio- 3 Nandasan CHEMICAL Japanese Vadu Talod GIDC Mandal 2 28 14 CHEMICALeconomic and political 16 Hindustan Gum & Chemicals 1110 13 Aluva Malpur 15 29 16 Hindustan Gum & Chemicals 17 Ambuja Intermediates Bhagapura 17 30 NH-48 17 Ambuja Intermediates 18 IFFCO 12 GIDC KADI 44 environment and 3542 41 40 SH-188 18 IFFCO FMCG SH-133 39 Sonipur 19 INBISCO India FMCGhas the infrastructure 20 Hindustan Coca-Cola Beverages KALOL 2 28 19 INBISCO India 22 Nivea India Vamaj GANDHINAGAR Pimplaj 11 10 20 Hindustanand skill Coca-Cola base Beverages to pull 23 Colgate Palmolive India Bhalthi SH-169 SH-181 22 Nivea India WDFC 18 25 Nirma Patdi SH-138 Infocity Sathamba 23 Colgateinvestors, Palmolive especially India SH-138 Container Corporation 25 Nirma 26 Nestle India GIFT City ICD Khodiyar 4 5 Japanese Lunawada 26 NestleSanand India which has 27 Unicharm India Thol Bird Gateway Rail ICD Viramgam 1 Continental 58 GIDC Mandal 27 Unicharm India HEAVY ENGINEERING Warehousing Sanctuary SH-68 29 Sandvik Asia emerged with an equally Viramgam 43 Corp. PFT Jakhwada Sabarmati HEAVY ENGINEERING 30 Apollo Inffratech 2 R.S. 57 33 29 Sandvik Asia 31 Laxcon Steels NH-947 16 34 good ecosystem for Chharodi The Thar SARDAR VALLABHBHAI PATEL 30 Apollo Inffratech 33 Dresser Rand India Khoraj GIDC Dry Port Industrial Estate INTL. AIRPORT SH-141 31 Laxcon Steels 34 Ingersoll Rand Kandla Sagar FMCG goods production. Ring Rd 33 Dresser Rand India 8 3 56 35 Haitian Machinery Pharmez Industrial Park 4 32 Ahmedabad BAPUNAGAR SH-63 34 Ingersoll Rand Economic Corridor 7 SP 26 23 R.S. 52 Kapadvanj Recognising this very OTHERS 37 20 35 Haitian Machinery 36 22 65 SANAND 6 Apparel Park Balasinor 36 GE Power Systems India SH-74 19 GIFT City 25 DHRANGADHRA 9 27 51 OTHERSpotential, we have 37 Hitachi Hi-Rel Power Electronics SH-19 Apparel Shehera 38 Vestas Wind Sanand 36 GE Power Systems India SH-17 Park 37 Hitachi Hi-Rel Power Electronics 39 Johnsons Controls - Hitachi GIDC 54 NH-47 invested to build this 53 38 Vestas Wind 40 Somany Ceramics 49 39 Johnsons Controls - Hitachi SH-135 45 31 5046 state-of-the-art facility 41 CERA Sanitaryware 4847 NH-147A BAREJA 40 Somany Ceramics 43 Cairn India Nalsarovar Pharmez 7 38 Mumbai-Ahmedabad 41 CERA Sanitaryware Industrial Park at Sanand and continue PHARMA & LIFESCIENCES 55 Mahemdavad High Speed Rail GODHRA 43 Cairn India 44 Torrent Pharmaceuticals N BAVLA a to be part of the city’s 45 Dishman Pharmaceuticals ls SH-60 PHARMA & LIFESCIENCES a Navagam 4 r 44 Torrent Pharmaceuticals 46 Claris Lifesciences Sanand GIDC o Kandla Sagar v industrial growth story 47 Thermo Fisher Scientific India a 45 Dishman Pharmaceuticals and r KHEDA Economic Corridor 48 Intas Pharmaceticals SURENDRANAGAR National DHOLKA NADIAD Chemicals 49 Zydus 7 SH-136 46 Claris Lifesciences Highway 47 50 Alidac Pharmaceuticals 47 Thermo Fisher Scientific India Sahij 48 Intas Pharmaceticals TEXTILE & APPAREL 26 5 National Vejalpur - Marico India 23 37 REGIONAL 49 Zydus Cadila Healthcare 51 Aarvee Denims & Export 6 er 36 Expressway 1 iv 50 Alidac Pharmaceuticals 52 Artex Apparels 20 BAGODRA R INFRA MAP SH-5 Muli 22 k 53 Ascent Yarns ra at TEXTILE & APPAREL 54 CIL NOVA Petrochemicals 19 V LIMBDI Jaipur 51 Aarvee Denims & Export 55 Nova Textile Koth Colgate India is 9 ANAND (740km) 52 Artex Apparels 56 Tarasafe International NH-47 Trambovad Javla 53 Ascent Yarns 57 Reliance Industries Gundi DMIC 54 CILextremely NOVA Petrochemicals proud to be a 58 Arvind Mills Sayla Halol 55 Nova Textile 56 Tarasafepart International of ‘Vibrant Gujarat’ ICD/ CFS Chuda SH-8 Kandla Port 1 Gateway Rail ICD Viramgam Petlad Nahapa (415km) 57 Reliance Industries 58 Arvind Mills 2 Continental Warehousing Corp. 27 Fedara SH-6 Vadodara with it’s infrastructure PFT Jakhwada SH-21 WDFC Mundra Port (455km) Bharuch-Ankleshwar 3 The Thar Dry Port Dahej SH-194 facilities, skilled labour 4 Container Corporation ICD Khodiyar (120km) Surat (150km) and the policies with 5 GIFT City SH-63 6 Apparel Park N Mumbai 7 Pharmez Industrial Park N respect to ease of doing W E Ranpur N Designed and published by (420km) W E Jones Lang LaSalle VADODARA S Limda business. We have made W KHAMBHAT SH-1 SE SH-6 MAP NOT TO SCALE S a large investment NH-64 COPYRIGHT © JONES LANG LASALLE 2020. All rights reserved. Gulf of Khambhat in this vibrant state by setting up a best in-class toothpaste manufacturing plant in the year 2014 at Sanand facility, not only for Indian consumers but also for Exports.

- Colgate India

110 Ahmedabad Ahmedabad 111 Vadodara Bharuch-Ankleshwar Cluster Country’s Power Engineering and Chemicals Cluster

Dahej Port

112 113 Vadodara is Gujarat’s third largest city with an urban population of 1.8 million. The city is also an educational hub and has a vibrant manufacturing landscape spanning across sectors like Power Transmission & Machine tools, Pharmaceuticals, Chemicals, Biotechnology, Engineering, Auto and Defence.

Scan QR code to access to key weblinks

Gujarat Industries & Gujarat Industrial Industrial Extension Mines Department Development Corporation Bureau (GIDC) (INDEX Tb)

Laxmi Vilas Palace, Vadodara

114 Vadodara STATE SNAPSHOT

GSDP Growth 1st Rank; INR 16,156 Bn IEMs (FY 18): 11.2% Implemented (Jan’14 – Dec’19)

Logistic Performance No. of Factories in State Index (2019): 1st Rank (FY 18): 26,586; 2nd Rank

HDI Rank, 2018: State’s contribution to India’s 8th Rank Exports (FY 19): 17.2% Note: Excludes Union Territories GUJARAT CONTRIBUTES:

30% of processed food & 51% of licensed medical dairy exports from India device companies in India

35% of cotton 62% of India’s produced in India petrochemical (Largest Producer) production

BUSINESS OPPORTUNITIES

36% of 1,500 km Western Dedicated Freight Corridor (WDFC) is through Gujarat (565 km) with 6 nodes including Vadodara - Ankleshwar node

Vadodara 115 WHY VADODARA

Vadodara contributes

35% of India’s power transmission & 28% of state’s distribution equipment manufacturers manufacturing sector

Home to Indian Oil Corporation’s second largest refinery in India: presently undergoing expansion to increase capacity to 18 MMTPA to become India’s largest refinery (by 2023)

India’s first railway university -National Rail & Transportation Institute (NRTI) with multi-disciplinary techno-commercial curriculum

IOCL Plant, Vadodra Home to large scale public sector enterprises such as Gujarat Alkalies & Chemicals Limited (GACL), Gujarat State Fertilizers and Chemicals (GSFC), Gujarat Industries Power Company Ltd. (GIPCL), Indian Oil Corporation (IOCL), Oil and Natural Gas Corporation (ONGC).

Halol-Savli SIR Dahej - Petroleum, Chemicals and Petrochemicals Investment Region • Halol-Savli Special (PCPIR) Investment Region (SIR) with an area of 123 sq.km. • India’s most active and successful PCPIR zone • Potential Sectors: Engineering, Auto & • Specifically delineated investmentregion Ancillary, Engineering of 450 sq.km. area focusing on Petroleum, Plastics and Electrical & Chemicals & Petrochemical Industries Electronics Industries • is connected to Vadodara (108 • Existing major units in km) via 4-lane expressway & includes a the region: CEAT, HNG, liquid chemical, LNG, a Dry Bulk Cargo Kemrock, Sun Pharma, Terminal and a Ro-Ro service DuPont, Bombardier • OPaL’s unit at Dahej is the largest petrochemical plant in India, developed at an investment of USD 4.6 Billion

116 Vadodara Emerging SECTOR SNAPSHOT Sectors

Chemical & Heavy Power Transmission Pharma & Auto & Petrochemical Engineering & Energy Biotech Ancillary Defence Large Downstream Home to an estimated 2nd largest hub for One of the major Emerging petrochemical industries 800 ancillary units Pharma in Gujarat & fast-growing support & chemical fertilizer for power, after Ahmedabad. hub for auto & base for complex, petroleum rail - related ancillaries in defence refineries, infrastructure & Gujarat sector Chloralkali auto industry plants, etc.

Alembic GE Power, ABB, Aspen Pharma, Sun L&T Defence GACL, GSFC, Oriental SEZ (formerly Suzlon Pharma, Elysium MG Motors, Hero Manufacturing Reliance, GIPCL, Manufacturers, Energy Ltd.), TBEA, Pharma, BDR Moto Corp, Apollo (Ranoli), IOCL, BASF, Jindal Rail Infra, Schneider Electric, Pharma, Brooks Tyres, Ceat Tyres, Vizebh Nandesari GIDC, Mahindra Accelo, Siemens Gamesa, Laboratories, Savli Philips, Crompton Composite ONGC, Dahej PCPIR Trans-Rail Lighting DuPont Biotech Park Greaves, JCB

Prominent industrial areas for greenfield and secondary transactions Industrial Park Total Area (Acres) Major Occupiers Remarks Saykha Focus sectors are: Chemicals, Industrial 5,078 Upcoming engineering & textiles. Estate Dahej Industrial 22,500 (9,410 + Reliance, Petronet LNG, Thermax, Major concentration of chemical & petrochemical Estate – Phase 9,440 + 3,650) OPAL, Sterling, Hitachi Zosen, BASF companies as it is part of Dahej PCPIR.

Dahej PCPIR 1, 2 & 3 Payal Industrial Part of Dahej PCPIR near Bharuch, and is the 5,000 Upcoming Park (Arete) largest privately held business park in India. Savli Bombardier Transportation, Shefield Focus sectors are: biotechnology, agri-biotech, 770 Industrial Estate Technoplast, Schaeffler India engineering, plastics, export-oriented unitsw. Endeavour to address the biotech industry’s need Savli Biotech Zytex Biotech, Aristo Biotech & 700 for specialized infrastructure and encourage new Park (SEZ) Lifesciences, Centurion Laboratories biotech enterprises. Halol MG Motors, Siemens Gamesa, CEAT, Focus sectors: Engineering, Automobiles & 1483 Industrial Estate Windar Renewables ancillary units, Electronics. Makarpura GE Renewable, Bombardier One of the oldest industrial area in the city and 1,200 Industrial Estate Transportation located along NH 48. Formidable industrial base in sectors like Bharuch 211 GNFC, Reliance Chemicals, Pepsico, chemicals & petrochemicals, textiles, drugs Industrial Estate & pharmaceuticals. Ankleshwar BASF, Rallis India, Zydus Cadila, Apex Largest GIDC estate with presence of 2000+ 3985 Industrial Estate Health Care, Wockhardt, ONGC industries including ~1500 chemical industries.

The major industrial clusters can be identified as Savli, Makarpura, Halol, Dahej, Bharuch and Ankleshwar. The land rates in these corridors range between INR 1,600 to INR 6,400 per sqm. The rates mentioned are indicative and may vary on other parameters as well.

Vadodara 117 Sr. Project Name AUTO & ANCILLARY Western Dedicated Freight Corridor 1 BANCO Products REGIONAL Sr. ProjectMumbai Name Delhi Expressway 2 Bombardier Transportation, Savli Ode SH-193 AUTO & ANCILLARNational ExpresswayY 1 INFRA MAP Samarkha Vitoj Kalol 1 Banco Product 3 CEAT SH-150 SH-188 r 2 BombardierMumbai Transportation, Ahmedabad Savli High Speed Rail 4 Bombardier Transportation ive Dhantej VADODARA i R 3 CEAT Jaipur ah 5 MG Motor India M 4 Bombardier Transportation (740km) 5 MG Motor India 6 Hero Motor Corp. Khambholaj Halol GIDC DMIC ANAND 6 6 Hero MotoCorp Expansion 7 Apollo Tyres 7 Apollo Tyres NH-64 Industrial Estate Kandla Port Savli 3 Chemical & Petrochemical (415km) Kambola CHEMICAL & PETROCHEMICAL 22 Halol GIDC 8 IOCL Gujarat Refinery 8 IOCL Gujarat Refinery Vadodara Sarsa 26 44 9 Gujarat State Fertilizers and Chemicals Mundra Port 395 Estate 9 Gujarat State Fertilizer & Chemicals Ltd. (455km)Piplav Bharuch-Ankleshwar Karachiya Limited Dahej NH-228 10 Reliance Manufacturing 10 Reliance Manufacturing (120km) Surat National 11 Gujarat Alkalies & Chemicals Limited SH-89 SH-158 11 Gujarat Alkalies & Chemicals Ltd. (GACL) (150km) Expressway 1 (GACL) Mumbai - HALOL 12 IOCL, Dumad 12 IOCL, Dumad Mumbai Ahmedabad (420km) Champaner DEFENCE Defence High Speed 32 Petlad Lamdapura Vadadala 13 L&T Manufacturing Facility, Ranoli 13 L&T Manufacturing Facility, Ranoli Rail 14 Vizebh Compositech Ashi Nahapa 47 21 Asoj 14 Vizebh Compositech Vasad 24 SH-87 SH-5 HEAVY ENGINEERING & 27 Panelav Savli Biotech MACHINE TOOLS HEAVY ENGG. & MACHINE TOOLS Khadol 30 17 NH-48 Park (SEZ) 31 15 Netafim Irrigation India Pvt. Limited 15 Netafim Irrigation India 153418 45 16 SE Forge Savli GIDC 17 23 3328 Jarod Lilora 17 Schaeffler India 16 SE Forge 2 35 30 Borsad Savli 6 18 Elecon Hydraulic 17 Schaeffler India Kamrol 43 19 Oriental Manufacturers 31 Dharmaj SH-8 Ajod GIDC 37 18 Elecon Hydraulic 20 Jindal Rail Infra. 15 WDFC Central Warehousing RavHalolaliya GIDC 21 Trans-Rail Lighting 18 45 13 19 Oriental Manufacturing 33 19 Corporation ICD & CFS Kotambi Nisraya 11 3 Expansion 20 Jindal Rail Infra 23 49 12 Ajwa Industrial Estate OTHERS 28 SH-87 Lake 22 TOTO INDIA Industries 21 Trans-Rail Lighting Anklav SH-63 2 38 9 Dumad 26 22 23 Shefield Technoplast 10 8 44 24 FlintGroup India Others Bhadran Nimeta 39 5 Ambika Halol GIDC 25 Voltas 22 TOTO India Industries SH-11 Vemali Estate 26 SISE Cam Flat Glass Park Society 27 Kemrock Industries & Exports 23 Shefield Technoplast Vata3d0ara Savli Biotech NH-228 VADODARA Chipad 24 FlintGroup India 34 Park (SEZ) Sindhrot VADODARA AIRPORT PHARMA & BIOTECH Valvod 29 28 Aristo Biotech And Life Science 25 Voltas Alva 29 Alembic Research Center 30 Marsha Pharma 26 SISE Cam Flat Glass Vadodara 1 Waghodia R.S. Ankhol 31 Centurion Laboratories 27 Kemrock Industries & Exports Bamangam 16 Ajanta Pharma has r 32 Sun Pharma Gorva e 7 36 Kathana iv Akota SH-158 25 33 Savli Bio-Incubator R Lalbaug Pharma & Biotech i 48 come to Gujarat h 34 Zytex Biotech a 28 Aristo Biotech & Life Sciences M 35 29 Alembic Research Center Makarpura attracted by the Bhaili GIDC Estate Falod 4 POWER & ENERGY 30 Marsha Pharmaceuticals Kelanpur 36 TSi POWER Dabhasa 41 Makarpura 4 37 GEconducive T & D India business 31 Centurion Laboratories Mahi River Padra 41 SH-158 GIDC Estate 40 40 38 GIPCL 32 Sun Pharma Mumbai Delhi 39 Windarclimate. Renewables To meet the 33 Savli Bio-Incubator SH-11 40 GE Renewable Jambuva Expressway 41 ABB India 34 Zytex Biotech Ranu Bamboj 42 Suzlonrequirements Energy of the 35 Alembic Pharmaceuticals Dudhwada Chhuchhapura 43 Schneider Electric Infrastructure Kundhela SH-63 44 Siemens Gamesa Renewable Power Power & Energy 45 DuPontUSA market, and 46 TBEA 36 TSi Power Sadhi Varanama Gavasad also WHO-approved 37 GE T&D India Sankheda INDUSTRIAL PARK 47 Shiv Industrial Infrastructure Park 38 GIPCL SH-160 42 48 Siddhiprograms Industrial Infrastructure and Park 39 Windar Renewables Por Nondhana Mobha r 40 GE Renewables Borbar Dabhoi e emerging markets, iv R 41 ABB India g n a Ajanta Pharma has 42 Suzlon Energy Abhol rs O 43 Schneider Electric Sahera NH-64 set up a plant at 44 Siemens Gamesa Renewable Gaydiya Anastu Kayavarohan SH-161 Sitpur 45 DuPont NH-228 WDFC Dahej in Gujarat 46 TBEA Shirola for manufacturing Industrial Park Jambusar KARJAN 47 Shiv Industrial Infrastructure Park Kambola SH-175 tablets, capsules, 48 Siddhi Industrial Infrastructure Park 20 SH-160 46 14 SH-63 ICD & CFS N powders & jellies.

N W E Vemar

49 Central Warehousing Corporation N Designed and published by Matar Gamod E Malpur ICD & CFS W S Jones Lang LaSalle W E S SH-161 Chandod S MAP NOT TO SCALE Sadhali - Yogesh Agrawal,

COPYRIGHT © JONES LANG LASALLE 2019. All rights reserved. Managing Director, Ajanta Pharma Limited

118 Vadodara Vadodara 119 Incentives Snapshot Structure and Types India has a 2-tier incentives structure for industries: Central Government incentives and State Government incentives. Central Government incentivizes only a select industries and a few areas for balanced regional development. Different states in India are at different stages of their development journey, providing incentive through state industrial policy and sectoral policies with an aim to reduce cost of manufacturing and enhance ease of doing business.

122 Incentives Snapshot Incentive Structures in India

Activity/Category Central Government State Governments Income Tax Act 1961 State Industrial Policies and Specific Sectoral Policies • 4 year window of lower Corporate Income Tax (17.16%) for new manufacturing units till 31 March 2023 • Drafted by Industries & Commerce Department of States, Special Economic Zones valid for a period of 5 years

• Deemed foreign territory. Direct Tax, Indirect Tax and • Incentivises capital expenditure and reduces operating non-fiscal benefits expenditure Manufacturing Sector • Units must be Net Foreign Exchange earner over a period • Quantum varies by investment size, employment of 5 years generation, location Custom-Bonded Manufacturing

• Deferred duty on capital goods and raw materials

Income Tax Act 1961 State Industrial Policies and Specific Sectoral Policies • Income tax reduced to 25.17% for new services companies Incentives for services sector are less than manufacturing. Services Special Economic Zones Sector Some states offer incentives to IT, ITES • IT/ITES sector is the biggest beneficiary of SEZ policy in India

Income Tax Act 1961 State Start-up Policies

Almost all states in India have start-up policies. • 100% deduction of profits and gains derived from Incentives such as reimbursement of rentals, patent cost Start-ups any 3 consecutive years out of 7 years from year of incorporation of ‘eligible start-up’ reimbursement, seed grant, preferential procurement, support in quality testing, etc. • Preference in public procurement

Foreign Trade Central Government State Governments Import Policy is published by Directorate General of Foreign Trade (DGFT)

• Imports of finished goods is not incentivised

• Import duty for inputs/raw material is adjusted from time-to-time as per industry requirements • Import is a central government subject as per Indian Imports Foreign Trade Policy Schemes Constitution • Project Import Scheme: Relaxes duties for import of specific capital goods

• Advanced Authorization Scheme: Exempts duties for import of inputs for export consignments

Export Policy is published by DGFT. Exports of most commodities/goods and services is encouraged. • Export is a central government subject as per Indian Constitution Foreign Trade Policy Schemes Exports • Some states incentivise export-oriented units by offering • RoDTEP: Scheme for remission of duties or taxes on specific subsidies (E.g. Maharashtra, Madhya Pradesh) export product

Central Government incentivizes businesses through provisions in Income Tax Act 1961 and through Foreign Trade Policy; whereas, States offer capital subsidy, exemption/refund of local taxes, employment generation subsidy, interest subsidy, etc. Incentives Snapshot 123 CORPORATE INCOME TAX

Reduced to 25.17% from 34.94% in September 2019, for existing units not availing incentives under Income Tax Act 1961.

Units in SEZ or companies availing incentives (deduction, depreciation, capex-linked incentives) will continue to pay corporate income tax at base rate of 25% & 30%.

A 4-year window for new manufacturing units incorporated after 1 Oct 2019 and operational before 31 March 2023 to avail benefit of17.16% Corporate Income Tax.

LOCATION-SPECIFIC Additional deduction @15% on new machinery installed in notified backward areas of Andhra Pradesh, Bihar, Telangana & West Bengal

ACTIVITY-BASED INDUSTRY-SPECIFIC 150% deduction on in-house Schemes to promote Capex Research & Development till in a sector by line ministries 31 March 2020 (100% thereafter) of central government. Not as elaborate as offered by States.

124 Incentives Snapshot SPECIAL ECONOMIC FREE TRADE WAREHOUSING ZONES (SEZ) ZONE (FTWZ)

• Governed by SEZ Act 2005 and SEZ Rules • Governed by SEZ Act 2005 and SEZ Rules. • SEZ could be sector-specific or Predominately for EXIM trade & storage multi-product • Duty deferment on imported goods • SEZ must be Net Foreign Exchange Earners. Allowed to sell to domestic • Permits trade transactions in market after payment of customs duty foreign currency (BCD+SWS+IGST) • Trading hub for Indian/Overseas entity • Direct Tax Benefits: Corporate Income without any registration Tax exemption on export profits (Expires: 31 Mar 2020) • Trade compliances post cargo arrivals − 100% for the first 5 years • Faster custom clearances of operations • Storage, Packaging, labelling permitted − 50% for 5 years thereafter − 50% of ploughed back profits for another 5 years CUSTOM-BONDED − Minimum Alternate Tax (MAT) must be paid by SEZ units. In September 2019, MANUFACTURING MAT reduced to 15% from 18.5% earlier − Dividend Distribution Tax abolished in • Governed by Section 65 of Customs Feb 2020 Act, 1962 • Indirect Tax Benefits • Circular 38/2018 dated 18 October − Exemption from Custom Duty on 2018 elucidates manufacturing in a Capital Goods, Raw Material bonded warehouse and other Fixtures • Deferred customs duty on capital goods − Exemption from GST till clearance − Exemption from Stamp duty and Registration fees on lease of land / • Deferred customs duty on imported mortgage deed. inputs and raw materials − Exemption from Electricity Duty − On DTA clearance, customs duty to be paid on imported raw materials used • Non-Fiscal Benefits for manufacturing − Single Window Clearance − No duties if finished goods are exported • Any property can be converted to bonded DOMESTIC TARIFF warehouse after customs approval AREA (DTA) • Unlike SEZ, no requirement to be Net • Industrial zones that are non-SEZ, Foreign Exchange Earner non-FTWZ or Non-Custom-Bonded are − 100% output can be sold in DTA termed as DTA • Companies targeting domestic market should located units in DTA. Such parks are captured in cluster profiles in the report. • DTA units can also export and avail benefits under Foreign Trade Policy • Sale from DTA to SEZ is classified as deemed exports

Incentives Snapshot 125 Major States Contributing ~80% of Industry Output

FOOD PRODUCTS & BEVERAGES TEXTILES, APPAREL & LEATHER

UP, 12% MH, 12% GJ, 13% MH, 8% Others TN, 23% 17%

WB, 6% TN, 8% AP, 7% DH, RJ, HR, 8% 6% 5%

PB, 4% HR, 5% Others KN, GJ, 12% UP, KN, 8% 18% 4% PB, 7% 4% RJ, 4% MP, 4% MP, 3%

CHEMICALS, RUBBER & PLASTIC PRODUCTS PHARMACEUTICALS, MEDICINAL CHEMICALS

TN, GJ, 14% MH, 17% MH, 17% TS, 14% GJ, 26% 7%

WB, KN, GA, HP, 10% UP, 5% RJ, 5% 3% 6% 5% Others Others AP, HP, 22% 16% KN, 3% 2% SK, UK, UK, 5% 3% AP, 7% 5% 5% DD, 2%

Industrialization Barometer Top 5 States by GVA (2016-17): Emerging Manufacturing Hotspots: Maharashtra, Tamil Nadu, Gujarat, Haryana, Uttarakhand, Rajasthan, Uttar Pradesh, Karnataka Telangana, Madhya Pradesh, West Bengal, • 52% of total GSDP Andhra Pradesh, Himachal Pradesh, Odisha, Punjab, • 51% of all factories in India • 36% of total GSDP • 57% of aggregate GVA • 37% of all factories in India • Mature policy framework • 33% of aggregate GVA • Established manufacturing clusters: strong industrial • Attracting manufacturing investments ecosystem and vendor base through proactive policies and attractive incentives • Undertaking industrial infrastructure upgradations 126 Incentives Snapshot COMPUTERS, ELECTRONIC & OPTICAL PROD. ELECTRICAL EQUIPMENTS

KN, GJ, 8% TS, 7% Others 7% TN, 13% 18% MH, 20%

UP, 35% RJ, 7% UK, 6% TN, 6%

KN, AP, DH, UP, 4% MH, 10% 7% Others 5% 12% 16% HR, 6% HP, 5% WB, 4% UK, 6%

MACHINERY & EQUIPMENT MOTOR VEHICLES & TRANSPORT EQUIPMENT

HR, 20% Others MH, 22% GJ, 14% 16% TN, 25%

Others 20% PB, HR, 7% KN, 5% TN, 20% MH, 21% 11% KN, UK, 7% 8% UP, 4%

Source: ASI for Factory Sector 2016-17

Hilly States – Tax Exemptions Schemes: MH: Maharashtra UP: Uttar Pradesh Till 2027: • North East Industrial Development GJ: Gujarat North-Eastern States (Assam, Sikkim, Scheme 2017 KN: Karnataka Arunachal Pradesh, Mizoram, Manipur, UK: Uttarakhand • Industrial Development Scheme TS: Telangana Meghalaya, Nagaland) for Himachal Pradesh and HP: Himachal Pradesh Himalayan States (Uttarakhand, Himachal Uttarakhand 2017 GA: Goa Pradesh, Jammu & Kashmir) SK: Sikkim • Industrial Development Scheme for WB: West Bengal • Boosting industrialization in hilly Jammu & Kashmir 2017 AP: Andhra Pradesh regions RJ: Rajasthan PB: Punjab • Cheaper credit access and interest HR: Haryana incentives, among other benefits, which MP: Madhya Pradesh are over and above existing incentives TN: Tamil Nadu DH: Dadra & Nagar Haveli • Central Government initiative DD: Daman & Diu

Incentives Snapshot 127 State Incentives Snapshot State Grid for a manufacturing investment of INR 100 million and above – Top 15 States by GSDP 2016-17

Nature of Incentives Maharashtra Tamil Nadu Gujarat Uttar Pradesh Karnataka West Bengal Rajasthan

Stamp Duty Concession

Land Benefits*

Power Tariff Subsidy

Electricity Specific sectors Duty Benefit

Capital Subsidy

Interest Subsidy Specific sectors

SGST related

EV Aerospace & Defence ESDM EV Civil Aviation Aerospace & Defence Agro Business Aerospace Design Aerospace & Defence Electronics Cloud computing Biotechnology EV & Energy Storage IT & Electronics ICT IT Some Sector Fintech Electronics AVGC Startup Solar Energy Food Processing Solar (Manufacturing, IT-related) EV Garments & Apparel Biotechnology MSME IT Specific Policies Textiles Handloom, Powerloom Silk Textiles Specific sectors in textile value IT (i4 policy) Textile Agro-Processing Solar Energy Textile Garmenting Electronics chain Agribusiness & Food Fisheries Auto & Auto Parts Food Processing IT Wind Processing Renewable Energy Biotechnology Bio Energy IT Solar Defence Rajasthan Industrial Investment and Investment and Investment Industrial Policy Link Industrial Policy 2019 Industrial Policy 2014 Industrial Policy 2015 Employment Promotion Industrial Policy 2014 Industrial Policy 2013 Promotion Policy 2017 Scheme 2014 w Scan QR code to download state industrial and incentive policies.

Industrial Industrial Policy Industrial Policy Industrial Investment Industrial Policy Investment and Investment Policy 2019, 2014, Tamil Nadu 2015, Gujarat and Employment 2014, Karnataka Industrial Policy Promotion Scheme Maharashtra Promotion Policy 2017, 2013, West Bengal 2014, Rajasthan Utter Pradesh

This is an indicative snapshot of the Industrial policy of the State only. It is recommended to study the detailed industrial policy and sectoral policies to gain a comprehensive understanding of all incentives. Does not include incentives specific to the Indian demographics. For instance, incentives for SC/ST/OBC. *Indicates land-related benefits such as Preferential Allotment, Conversion Fee Subsidy, Land Rates Subsidy, Registration Charges Subsidy, EDC Subsidy etc.

128 Incentives Snapshot Incentives Snapshot 129 State Incentives Snapshot State Grid for a manufacturing investment of INR 100 million and above – Top 15 States by GSDP 2016-17

Nature of Incentives Andhra Pradesh Telangana State Kerala Madhya Pradesh Haryana Punjab Odisha Bihar

Stamp Duty Concession Specific sectors

Land Benefits* Specific sectors

Power Tariff Subsidy Specific sectors

Electricity Specific sectors Duty Benefit

Capital Subsidy Specific clean sectors Specific sectors Specific sectors

Interest Subsidy Specific sectors

SGST related Specific sectors

Solar ICT, IoT Textiles Electronics Apparel Petro Data Centres Textiles Renewable Energy Wind Textiles IT and ESDM Pharmaceuticals Some Sector IT Aerospace & Defence Electronics Food Processing Food Processing IT and ESDM (Manufacturing, IT- EV Pharmaeuticals IT IMAGE (Gaming, Renewable energy Solar Power related) Specific Policies Solar Food Processing Aerospace & Defence Animation) Defence Production Agri business and FP ICT Auto & auto components Data Analytics Cyber Security Biotechnology Biotechnology Cyber Security Food Processing e-Waste Management Kerala Industrial Promotion Industrial and Bihar Industrial Investment Industrial Development Industrial Industrial and Enterprise Promotion Industrial Policy 2014 Business Development Promotion Policy 2015 Policy 2015 Commercial Policy 2015 Policy 2015 (amended 2018) Policy 2017 Policy 2016 Policy 2018

Scan QR code to download state industrial and incentive policies.

Industrial Development Industrial Policy Industrial and Industrial Promotion Enterprise Industrial and Business Industrial Policy Industrial Investment Policy 2015, Andhra Pradesh 2015, Telangana Commercial Policy Policy 2014 (amended Promotion Policy Development Policy 2015, Odisha Promotion Policy 2018, Kerala 2018), Madhya Pradesh 2015, Haryana 2017, Punjab 2016, Bihar

This is an indicative snapshot of the Industrial policy of the State only. It is recommended to study the detailed industrial policy and sectoral policies to gain a comprehensive understanding of all incentives. Does not include incentives specific to the Indian demographics. For instance, incentives for SC/ST/OBC. *Indicates land-related benefits such as Preferential Allotment, Conversion Fee Subsidy, Land Rates Subsidy, Registration Charges Subsidy, EDC Subsidy etc.

130 Incentives Snapshot Incentives Snapshot 131 Grounding Investments in India Key Stakeholders and Investor Checklist

Exploring India’s Manufacturing Destinations 133 Central and State Governments of India are committed to welcoming investments and have dedicated mechanisms, authorities and agencies to facilitate the investor at each stage of the investment grounding process and accelerate their market entry into India.

Investor Facilitation Mechanisms

Key Central Government Stakeholders

Indian Missions: • Government of India has 162 missions across the world. • The trade and investment division at is responsible for investment promotion and facilitation. • Indian Missions hold seminars and investor interactions at regular intervals for dissemination of investment opportunities in India.

Key Ministries for Business Matters Trade: Ministry of Commerce & Industry; Department for Promotion of Industry and Internal Trade manages important national missions such as Make in India, Start-up India Taxation: Ministry of Finance Visa: Ministry of External Affairs & Ministry of Home Affairs Incorporation & Corporate Governance: Ministry of Corporate Affairs Human Resources: Ministry of Skill Development & Entrepreneurship Foreign Exchange:

Line Ministries • Over 30 ministries are responsible for policy formulation and development of aligned sectors. • Several ministries at central level offer attractive fiscal incentive packages such as Ministry of Food Processing, Ministry of Electronics & Information Technology etc. • Some ministries also give grants for development of sector- specific industrial facilities, such as Plastic Parks by Ministry of Chemicals & Fertilizers, and Textile Parks by Ministry of Textiles.

Indian Missions Overseas can serve as the first point of contact for investors who are looking to enter the Indian market. Investors can coordinate with various Central Ministries on a need basis. All organisations have dedicated websites which provide information pertaining to their function, structure and mode of contact.

Rashtrapati Bhawan, New Delhi 134 Grounding Investments in India Key State Government Stakeholders

Department of Industries & Commerce: • Department of Industries & Commerce is the most important as it is responsible for industrial policy formulation and implementation at the state level. • This department also decides incentive packages through formal mechanisms described in the industrial or sectoral policies.

State Industrial Development Corporations (State IDCs): • State IDCs are the entities responsible for land acquisition, development, promotion and maintenance of industrial infrastructure in their respective states. • Every state in India has an IDC.

Investment Promotion Agencies (IPAs): • Several states in India have formed dedicated Investment Promotion Agencies (IPAs) for investment promotion and facilitation. • In states which don’t have IPAs, IDCs act as the first point of contact for investors.

Investor should think about contacting either the IPA or IDC for their initial assessment work. These agencies can later help the investor connect with all relevant departments and agencies at state level. All these organizations maintain separate websites which have useful information for market surveys and drawing project execution timelines.

Grounding Investments in India 135 INVESTOR CHECKLIST

Important Approvals for Investors in India

ESTABLISHMENT TO COMMISSIONING

Steps Pre-Establishment Approvals • Formation of entities – Private Ltd. / • Electricity Connection Public Ltd. / LLP / LO / BO / PO / OPC • Natural Gas Connection • IEM / Udyog Aadhar • Consent to Establish (Pollution • GST Registration Department) • Allotment of Land / Land Conversion • Import Export License • Property Registration • Sectoral Permissions / Licenses, for instance: • Environment, Forest and Wildlife Clearances − CDSCO – Drugs & Cosmetics • Building Plan Approval − Excise – Alcohol for Human Consumption • NOC from Fire Department − FSSAI – Food & Beverages • Water and Sewerage Connection − PESO – Petroleum & Gas Pre-Operation Approvals • Building Occupancy Certificate • Consent to Operate (Pollution Department) • Factory Licenses, Factories Act 1948 • Registration under Packaged • Registration under The Shops & Commodities Rules Establishment Act • Application for fiscal incentives • License for contractors under The Contracts Labour • Application for EPFO (for 20 or more employees) and ESI (for 10 or • Registration of Boilers more employees)

Key Stakeholders

Pre-Establishment Approvals Pre-Operation Approvals Central Ministries – Allied Offices Central Ministries – Allied Offices (MCA, MSME, DGFT, DPIIT etc.) (DPIIT, EPFO, ESIC etc.) Investment Promotion Agencies (IPAs) Investment Promotion Agencies (IPAs) State IDCs and Single Window Portals State IDCs and Single Window Portals Regulatory Authorities (RBI, BIS, DRI, Municipal Authorities DGFT etc.)

136 Grounding Investments in India Grounding Investments in India 137 KEY STAKEHOLDERS FOR INVESTOR FACILITATION

State-wise List and Links

States State Industries & Commerce Department State Industrial Development Corporation State Investment Promotion Agency Investment Promotion Summits Single Window Portal

Southern States

Tamil Nadu Industrial Guidance and Export https://www.tn.gov.in/department/16 SIPCOT Global Investor Meet Easybusiness.tn.gov.in Capital: Chennai Promotion Bureau

Kerala Capital: http://www.industry.kerala.gov.in/ KSIDC K-BIP Ascend K-SWIFT Thiruvananthapuram

Karnataka https://kum.karnataka.gov.in/indexe7dd. html?q=content/about-department-industries- KIADB Invest Karnataka Forum Karnataka Global Investor Meet Karnataka Udyog Mitra Capital: Bengaluru and-commerce

Andhra Pradesh https://www.apindustries.gov.in/APIndus/ Andhra Pradesh Economic Development APIIC Sunrise Andhra Pradesh Department of Industries Capital: Hyderabad Default.aspx Board (APEDB)

Telangana State Industrial Project Telangana http://www.industries.telangana.gov.in/Home. Investor Facilitation Cell TSIIC – Approval Capital: Hyderabad aspx (Commissionerate of Industries) and Self- Certification System (TS-iPASS)

Western States

https://industry.maharashtra.gov.in/en Maharashtra Maharashtra Industry, Trade and https://di.maharashtra.gov.in/_layouts/15/ MIDC – Magnetic Maharashtra Capital: Mumbai Investment Facilitation Cell (MAITRI) doistaticsite/english/index.html

Goa Goa Investment Promotion and Goa Investment Promotion and http://goaditc.gov.in/ Goa IDC Vibrant Goa Capital: Panaji Facilitation Board Facilitation Board

Gujarat http://www.imd-gujarat.gov.in/index GIDC iNDEXTb Vibrant Gujarat Investor Facilitation Portal Capital: Gandhinagar https://ic.gujarat.gov.in/

Rajasthan http://industries.rajasthan.gov.in/content/ Bureau of Investment Promotion RIICO Resurgent Rajasthan Single Window Clearance System Capital: Jaipur industries/doi.html Rajasthan

Central States

Madhya Pradesh http://www.mpindustry.gov.in/ MPSIDC – Global Investor Summit MP Invest Capital: Bhopal

Chhattisgarh CSIDC https://industries.cg.gov.in/ CSIDC – State Investment Promotion Board (SIPB) Capital: Raipur CHIPS

Note: Union Territories are excluded Note: Union Territories are excluded

138 Grounding Investments in India Grounding Investments in India 139 KEY STAKEHOLDERS FOR INVESTOR FACILITATION State-wise List and Links

States State Industries & Commerce Department State Industrial Development Corporation State Investment Promotion Agency Investment Promotion Summits Single Window Portal

Northern States Haryana https://haryanaindustries.gov.in/ HSIIDC Invest Haryana (HEPC) Happening Haryana Invest Haryana (HEPC) Capital: Chandigarh UPSIDC Uttar Pradesh Noida Authority http://www.updi.in/home Udyog Bandhu UP Investor’s Summit Nivesh Mitra Capital: Lucknow Greater Noida Authority YEIDA Punjab http://punjab.gov.in/industries-and- PSIDC Punjab Investment Promotion Bureau Progressive Punjab Punjab Investment Promotion Bureau Capital: Chandigarh commerce Uttarakhand https://www.doiuk.org/ SIDCUL Investment Promotion & Facilitation Cell Destination Uttarakhand Summit Invest Uttarakhand Capital: Dehradun Himachal Pradesh Rising Himachal: Global Investors https://www.emerginghimachal.hp.gov.in/ HPSIDC – Department of Industries Capital: Shimla Meet Eastern States Bihar http://industries.bih.nic.in/ BIADA Bihar Investment Promotion Committee – Single Window Clearance System Capital: Patna West Bengal https://wb.gov.in/portal/web/guest/ WBIDC – Bengal Summit Silpa Sathi Capital: Kolkata commerce-and-industries

GO-SWIFT Odisha IDCO http://industries.odisha.gov.in/ IPICOL Make in Odisha GO-SMILE Capital: Bhubaneshwar GO-PLUS (Inspection Reforms)

Jharkhand http://www.jharkhand.gov.in/industries1 JIADA – Momentum Jharkhand Advantage Jharkhand Capital: Ranchi North Eastern States

Assam Ease of Doing Business https://industries.assam.gov.in/ AIDC Invest Assam Advantage Assam Capital: Dispur in Assam

Sikkim http://www.sikkimindustries.in/ SIDICO – – – Capital: Gangtok Arunachal Pradesh http://aruntrade.gov.in/ APIDFC – – – Capital: Itanagar Tripura http://industries.tripura.gov.in/ TIDC Tripura State Investment Promotion Board – – Capital: Agartala Nagaland Investment & Development Authority of http://industry.nagaland.gov.in/ NIDC – – Capital: Kohima Nagaland (IDAN) Mizoram https://industries.mizoram.gov.in/ ZIDCO – – – Capital: Aizawl Meghalaya Meghalaya Industrial Development http://megindustry.gov.in/ Meghalaya Investment Promotion Board – – Capital: Shillong Corporation Note: Union Territories are excluded 140 Grounding Investments in India Grounding Investments in India 141 Glossary

ASEAN: Association of Southeast Asian Nations AVGC: Animation, Visual effects, Gaming and Comics (AVGC) BCD: Basic Custom Duty BIS: Bureau of Indian Standards BO: Branch Office BT: Bio-Tech CDSCO: The Central Drugs Standard Control Organization is the national regulatory body for Indian pharmaceuticals and medical devices, and serves parallel function to the European Medicines Agency of the European Union, the PMDA of Japan, the Food and Drug Administration of the United States and the Medicines and Healthcare products Regulatory Agency of the United Kingdom. CoE: Center of Excellence: CVRDE: Combat Vehicles Research and Development Establishment DGFT: Directorate General of Foreign Trade DMIC: Delhi Mumbai Industrial Cluster DPIIT: Department for Promotion of Industry & Internal Trade DRI: Directorate of Revenue Intelligence DTZ/ DTA: Domestic Tariff Zone/ Domestic Tariff Area EMC: Electronic Manufacturing Cluster EMEA: Europe-Middle East-Africa EoDB: Ease of Doing Business. The Ease of Doing Business (EoDB) index is a ranking system established by the World Bank Group. EPFO: Employees’ Provident Fund Organization. EPFO assists the Central Board in administering a compulsory contributory Provident Fund Scheme, a Pension Scheme and an Insurance Scheme for the workforce engaged in the organized sector in India ESDM: Electronics System Design & Manufacturing

142 Glossary

ESIC: Employees' State Insurance Corporation. Employees' State Insurance is a self-financing social security and health insurance scheme for Indian workers. EXIM: Export & Import FAME II Policy: The Faster Adoption and Manufacturing of (Hybrid &) Electric Vehicles (FAME) India was launched in 2015 under National Electric Mobility Mission (NEMM). It aims at promoting eco-friendly vehicles in the country. The Heavy Industries Ministry is administering the scheme. FDA approved: The Food and Drug Administration (FDA) is a federal agency of the United States Department of Health and Human Services. FDA approved means that the agency has determined that the "benefits of the product outweigh the known risks for the intended use." Manufacturers must submit a premarket approval (PMA) application and the results of clinical testing in order to get approval. FEMA: The Foreign Exchange Management Act (FEMA), 1999 is an Act of the Parliament of India "to consolidate and amend the law relating to foreign exchange with the objective of facilitating external trade and payments and for promoting the orderly development and maintenance of foreign exchange market in India" FMCG: Fast Moving Consumer Goods FSSAI: Food Safety and Standards Authority of India (FSSAI) is an autonomous body established under the Ministry of Health & Family Welfare, Government of India. The FSSAI has been established under the Food Safety and Standards Act, 2006 that is a consolidating statute related to food safety and regulation in India. FTWZ: Free Trade Warehousing Zones GDP: Gross Domestic Product is the monetary value of all finished goods and services made within a country during a specific period GSDP: Gross State Domestic Product is defined as a measure, in monetary terms, of the volume of all goods and services produced within the boundaries of the State during a given period of time, accounted without duplication. GVA: Gross Value Added is the measure of the value of goods and services produced in an area, industry or sector of an economy HDI: Human Development Index is a summary measure of average achievement in key dimensions of human development: a long and healthy life, being knowledgeable and have a decent standard of living. The HDI is the geometric mean of normalized indices for each of the three dimensions. ICD: Inland Container Depot ICT: Information & Communication Technology

143 Glossary

IDC: Industrial Development Corporation IEM: Industrial Entrepreneurs Memorandum. An IEM is an application for acknowledgment of application for setting up industrial unit. IGST: Integrated Goods & Services Tax INR: Indian National Rupee IoT: Internet of Things IPA: Industrial Park Area IT & ITeS: Information Technology & Information Technology Enabled Services Labour Force Participation: Labour force participation rate is defined as the section of working population in the age group of 18-64 in the economy currently employed or seeking employment. LLP: Limited Liability Partnership. A limited liability partnership (LLP) is a partnership in which some or all partners (depending on the jurisdiction) have limited liabilities. LNG: Liquefied Natural Gas LO: Liaison Officer MCA: Ministry of Corporate Affairs MIHAN: Multi-modal International Cargo Hub and Airport at Nagpur MNCs: Multi-National Companies MPSEZ: Multi-Product SEZ MSME: Micro, Small & Medium Enterprises NATRIP: National Automotive Testing and R&D Infrastructure Project (NATRiP), NOC: No Objection Certificate

144 Glossary

OFC: Optical Fiber Cables OPC: One Person Company. “One Person Company” means a company, which has only one person as a member. PE: Private Equity PESO: Petroleum And Explosives Safety Organisation (PESO) is a department formed by Government of India under Department for the Promotion of Industry and Internal Trade under Ministry of Commerce and Industry, to administer Explosives Act 1884,Explosive Substance Act, Petroleum Act 1934, Inflammable substance Act 1952 and Environment Protection Act 1986 to control import, export, transport, storage and usage of explosive materials, flammable materials, pressure vessels, cryogenic vessels, design and installation of all necessary and relevant infrastructure, etc. PO: Project Office R&D: Research & Development RBI: Reserve Bank of India SEZ: Special Economic Zone is an area with quality infrastructure complemented by an attractive fiscal package, both at the Centre and at the State level, with the minimum possible regulations for generation of additional economic activity, promotion of exports of goods and services, investment from domestic and foreign sources and creation of employment opportunities. SWS: Social Welfare Surcharge TEUs: Twenty-Foot Equivalent Unit is an inexact unit of cargo capacity often used to describe the capacity of container ships and container terminals. VC: Venture Capital VCIC: Vishakhapatnam Chennai Industrial Corridor WDFC: Western Dedicated Freight Corridor

145 Methodology

This report is a compilation of facts, qualitative availability, social factors, and manufacturing trends and analysis of information collected ecosystem. Detailed feedback was collected through surveys and interactions with multiple from relevant departments of identified state stakeholders active in the industrial ecosystem governments such as Industries Department, of India. Competitive locations were identified Industrial Development Corporations and the through trends analysis of enquiries by existing and Investment Promotion Agencies to understand potential investors pan-India, and interviews with the key industrial trends in the State, along with supply-side entities dealing in development and the highlights of recent industrial activity, focus promotion of industrial destinations in India. areas, developmental vision, key initiatives etc. Additionally, critical evaluation of locations was An evaluation of identified locations was carried out basis investor experiences and feedback undertaken on multiple aspects such as business of various multi-nationals operational in these environment, human resources, infrastructure locations.

146 Source

1. Ministry of Statistics & Programme Implementation 15. Invest India: investindia.gov.in (2019): mospi.nic.in/GSVA-NSVA 16. Ministry of Commerce & Industry, Department of 2. LEADS Report by Delloitte (Jan, 2018) Commerce: sezindia.nic.in 3. Number of Factories, Reserve Bank of India (2018): rbi. 17. Project Imports Regulations and Scheme (1986), org.in Central Board of Indirect Taxes & Custom: cbic.gov.in 4. hdi.globaldatalab.org/areadata/shdi/ 18. Remission of Duties & Taxes On Export Products (RODTEP), Directorate General of Foreign Trade: http:// 5. Department for Promotion of Industry and Internal dgftcom.nic.in Trade (2019): dipp.gov.in/publications/fdi-statistics 19. Income Tax Act (1961), Income Tax Department: 6. Economic Survey by Department of Economic Affairs incometaxindia.gov.in (Ministry of Finance, 2018) 20. PIB, Ministry of Road Transport & Highways (2017) 7. Union Budget 2020-21: www.ibef.org/economy/union- budget-2020-21 21. PIB on Corporate Tax Rates - Taxation Laws (Amendment) Ordinance (2019) 8. Department for Promotion of Industry and Internal Trade (2019): eodb.dipp.gov.in 22. Global Innovation Index (2019), WIPO 9. Sagarmala Pariyojana: http://sagarmala.gov.in/about- 23. Global Competitiveness Report (2018), WEF sagarmala/background 24. EnviStats – India 2018: Environmental Accounts, 10. Statistical Summary by Indian Railways (2018) Ministry of Statistics and Programme Implementation 11. Dedicated Freight Corridor Corporation of India Ltd. 25. PIB, Ministry of Agriculture & Farmers Welfare (2017) (DFCCIL), Ministry of Railways 26. Agriculture & Processed Food Products Export 12. PIB, Ministry of Civil Aviation (2016) Development Authority (2016): apeda.gov.in 13. Bharatmala Programme: https://www.india.gov.in/ 27. Customs Act (1962), Central Board of Indirect Taxes & spotlight/bharatmala-pariyojana-stepping-stone- Custom: www.cbic.gov.in/htdocs-cbec/customs/cs- towards-new-india acts-botm 14. ICUBE (2019): https://imrbint.com/images/common/ 28. Foreign Direct Investment Policy (2017), Department ICUBE%E2%84%A2_2019_Highlights.pdf for Promotion of Industry and Internal Trade

147 About Invest India About JLL

Invest India is the National Investment Promotion and Facilitation Agency of the JLL (NYSE: JLL) is a leading professional services firm that specialises in real estate Government of India mandated to facilitate investments in India. Besides investor and investment management. Our vision is to reimagine the world of real estate, targeting and facilitation, Invest India runs effective programs for resolving issues and creating rewarding opportunities and amazing spaces where people can achieve their grievances of existing investors through its after-care programs. ambitions. In doing so, we will build a better tomorrow for our clients, our people and our communities. JLL is a Fortune 500 company with annual revenue of $16.3 billion, A 150+ member team provides sector-and state-specific investment opportunities, operations in over 80 countries and a global workforce of over 90,000 as of December advises investors on regulatory procedures and clearances, and hand-holds investors 31, 2018. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle through the entire investment process. Invest India team comprises of highly Incorporated. For further information, visit jll.com educated and experienced professionals, with prior experience of working with foreign multinationals across areas such as investment banking, consulting, corporate strategy, About JLL India taxation and law. JLL is India’s premier and largest professional services firm specialising in real estate. Headquartered at New Delhi, Invest India coordinates with all Indian stakeholders such With an audited revenue of 4,134 crores for FY 2018-19, the Firm is growing from strength as central ministries, state governments, Indian missions across the globe, regulatory to strength in India for the past two decades. JLL India has an extensive presence across bodies, Industry chambers, etc. In addition, Invest India has forged partnerships with 10 major cities (Mumbai, Delhi NCR, Bengaluru, Pune, Chennai, Hyderabad, Kolkata, a large number of foreign stakeholders such as foreign missions and trade offices in Ahmedabad, Kochi and Coimbatore) and over 130 tier II & III markets with a cumulative India, investment promotion agencies for key FDI source countries, sectoral industry strength of close to 12,000 professionals. associations and bilateral chambers. The firms has a strong working relationships with The Firm provides investors, developers, local corporates and multinational companies all Indian states and union territories, where it works to build capacity, formulation of with a comprehensive range of services. This includes leasing, capital markets, research regional plans for investment facilitation and industrial cluster development. & advisory, transaction management, project development, facility management Invest India, set up in 2009, is a non-profit venture under the Department for Promotion and property & asset management. These services cover various asset classes such of Industry and Internal Trade, Ministry of Commerce and Industry, Government of as commercial, residential, industrial, retail, warehouse and logistics, hospitality, India. Currently, it manages key national missions and initiatives such as Make in India, healthcare, senior living, data centre and education. Start-up India, Project Monitoring Group, Accelerating Growth of New India’s Innovations JLL India won the Five Star Award for ‘Best Property Consultancy at the International (AGNii), India Investment Grid (IIG) and Industrial Information System (IIS). Property Awards Asia Pacific 2018 -19. The Firm was also recognised amongst the ‘Top The firm is one of the most awarded Investment Promotion Agency in the world, and 100 Best Places to Work in India’ three years in a row (2017, 2018 and 2019) in the annual has won the Best Investment Project Award three years in a row (2016, 2017 and 2018) at survey conducted by Great Place to Work® and The Economic Times. It has also been the Annual Investment Meeting (AIM) organized by the Ministry of Economy, UAE. Invest acknowledged as ‘Property Consultant of the Decade’ at the 10th CNBC-Awaaz Real India also won the prestigious The UNCTAD Award 2018 for promoting investment in Estate Awards 2015. For further information, please visit jll.co.in sustainable development, the UNCTAD Investment Promotion Award 2016 for excellence in partnering for investment promotion, and the Investment Award 2016 from the Indian Ocean Rim Association, among others. For Business Enquiries, please contact: Yogesh Shevade Please learn more about Invest India at Head - Industrial Services https://www.investindia.gov.in/ JLL India [email protected] +91 96197 11280

Authors Divay Pranav Sanchi Padia Aritra Das Charmy Shah Sr. Assistant Vice President Senior Manager Assistant Manager Executive - Industrial Services Invest India Invest India Industrial Services, JLL India JLL India [email protected] [email protected] [email protected] [email protected]

Strategic Inputs

Dushyant Thakor Chandranath Dey Vice President Head–Industrial Operations, Invest India BD & Consulting, JLL India [email protected] [email protected]

Special thanks to Debashis Dutta and Sujash Bera for their guidance

Acknowledgement: Mansi Anand, Sunita Rajeev, Tarun Kumar, Deepa Upadhyay & all the industry experts who shared their valuable insights on the various aspects of the sector.

This report is published for general information only and not to be relied upon as a sole source for any investment decision. Although high standards have been used in the preparation of the information, analysis, views and projections presented in this report, no responsibility or liability whatsoever shall be accepted by JLL/Invest India for any loss or damage resultant from any use of, reliance on or reference to the contents of this document. As a general report, this material does not necessarily represent the view of JLL/Invest India in relation to particular properties or projects. Reproduction of this report in whole or in part is not allowed without prior written approval of JLL/Invest India to the form and content within which it appears.