Mahindra World City (MWC) Jaipur now home to 78 companies from around the world

~ Aggregate investments at MWC Jaipur exceed Rs. 3,325 crores* 

Jaipur, December 14, 2017: Mahindra World City Jaipur Ltd., a joint venture between Mahindra Lifespace Developers Limited (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), has added ten customers over the past year, amounting to more than Rs 500 crores* in additional investments.  The ten companies signed comprise a combination of new clients and business diversification by existing customers, and are expected to create employment for more than ~1,600 persons* when fully operational.  In addition, ten companies have begun operations at MWC Jaipur during the reference year, including Perto, Pinnacle Infotech, RUFIL (Rajendra & Ursula Joshi Food Industries Pvt. Ltd.) and Tweaking Technologies, among others.

Sanjay Srivastava, Business Head, Mahindra World City, Jaipur, said, “With strategic connectivity, a progressive policy environment, competitive operating costs and good availability of trained manpower, Rajasthan is today one of India’s most favoured business destinations.  MWC Jaipur remains committed to driving economic growth in the state via thoughtfully developed, sustainable industrial infrastructure that enables ease of doing business and faster Return on Investment (RoI) for companies.”

The new companies that have signed up at MWC Jaipur represent a variety of sectors, ranging from IT/ITeS, Manufacturing and Warehousing, to Skill Development.

Established in 2006, MWC Jaipur embodies the philosophy of ‘Livelihood, Living and Life’; the City has created employment for more than 29000 persons* (direct and indirect) and generated cumulative exports worth Rs ~6400 crores so far.  Companies that have signed up at MWC Jaipur range from small & mid-sized entrepreneur-driven businesses, to large global & Indian corporations; these include Ball Corporation, Deutsche Bank, Gravita, Infosys, Jaipur Crafts, JCB, KnitPro International, Laxmi Ideal, Manu Yantralaya, Metlife, Mahindra Group, Perto, Poly Medicure and TTK Healthcare, among others.

MWC Jaipur has established global benchmarks in sustainable urban development, and is focused on holistic growth encompassing local communities and the environment.  Sustainable urban practices taken up at MWC Jaipur include energy-efficient green buildings, LED street lighting, solar PV rooftops, LED retrofitting, e-rickshaws, urban tree plantation drives, sewage treatment plants (STP), treated water for landscaping, and low-flow fixtures and fittings.

Corporate Comm India(CCI Newswire)