Review: Industrial & infrastructure clusters in India
19th August, 2014
The manufacturing sector plays a vital role in the economic development of the National Capital Region (NCR). The region has a wide variety of industrial products, including high-value and hightechnology goods. The manufacturing submarkets of the NCR region are regulated under the development norms of a few nodal authorities, which include the Department of Industries, the Delhi Development Authority (DDA), Delhi State Industrial Development Corporation (DSIDC), Haryana Urban Development Authority (HUDA), Rajasthan State Industrial Development and Investment Corporation (RIICO) and Uttar Pradesh State Industrial Development Corporation (UPSIDC).
The development of the industrial clusters and their supporting infrastructure is undertaken by these nodal authorities or by a few cooperative societies.
Several manufacturing companies such as Maruti Suzuki, Ranbaxy Laboratories, Escorts Group, Honda, GSK Consumer and Nestlé India are present in the NCR.
NCR has been able to attract sizable investment from multinational companies, large business houses, foreign investors, nonresident Indians and small-scale entrepreneurs. NCR is an investor-friendly region and offers a rich reservoir of skilled, motivated and relatively low-cost workers, with good infrastructure and harmonious industrial relations.
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Source: http://www.moneycontrol.com/news/real-estate/review-industrialinfrastructure-clustersindia_1140785.html
