Open Enquiry Form
Please Contact Us
I am interested in Bank Loan



Review: Industrial & infrastructure clusters in India

19th August, 2014
Review: Industrial & infrastructure clusters in India

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.

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

 

Source: http://www.moneycontrol.com/news/real-estate/review-industrialinfrastructure-clustersindia_1140785.html

Related News

thumb
6
  • 5th July, 2024

Gurugram, Dwarka Lead Premium Property Boom With Upto 53% Price Rise

A recent analysis by Savills India, a leading global consultancy firm, reveals that Gurugram and Dwa.... Continue reading
thumb
6
  • 20th April, 2024

Delhi Development Authority Launches Major Housing Scheme with 10,000 Ready-to-Move Flats

Discover Delhi new housing scheme launch Over 10,000 ready-to-move flats await you. Secure your new .... Continue reading
thumb
6
  • 17th April, 2024

Delhi Development Authority Opens Booking for 10,000 Ready Flats

Exciting news! Delhi Development Authority is now accepting bookings for 10,000 ready flats. Grab yo.... Continue reading
thumb
6
  • 17th April, 2024

Demolition of Signature View Apartments Delhi Development Authority Initiative

Learn about the Delhi Development Authority initiative for the demolition of Signature View Apartme.... Continue reading