04/06/2014
A proposed investment of $100 billion in Japanese city with the presence of Industry majors like Hero MotoCorp, Daikin, Havells, Tubes Malbros Group Co. who have already set up state-of-the-art and huge manufacturing facilities. Apart from the Japanese Zone, other Industry giants including Parle Biscuits, Terry-Plus India, Liberty White ware and Rochee Breweries are running successfully along with other industries in Neemrana within the RIICO Zone.
A Global City is slated for development in Shahjahanpur-Neemrana-Behror on 40,000 acres of land and will house 1 million people. The Global City would have cluster cities within – the Cyber City, Medicity, Knowledge City, Entertainment City, SEZ City, World Trade City, Bio-diversity Park, a Dry Port City and an airport facility. All the cluster cities would be self-contained with residential and commercial spaces. Apart from the Global City, RIICO is also putting up large industrial estates extending 2000 acres called Neemrana Phase III. The Rajasthan Government has approved 1,100 acres of land to RIICO for a large industrial estate which would also have a residential colony with educational, medical and recreational centres. An Export Promotion Industrial Park (EPIP) spread over 210 acres is another project where sPome plots have already been occupied by industries.
The industrial estates are drawing industry majors to set up their manufacturing facilities here. Liberty Whiteware is setting up a sanitaryware plant in Neemrana at an investment of Rs. 100 crore. Hero Honda, Pallavi Copper Pipes and AMD Metplast are also setting up their units, while facilities of Parle, Ginni, Prena Syntex, and Rochee Breweries are already operational. Three Japanese logistics companies are also likely to set up operations over 75 acres of land in Neemrana. Quipo, India’s first infrastructure equipment bank will also invest Rs. 200 crore in a project to be completed by 2009. Japanese automobile giant Nissan may set up a manufacturing unit in Neemrana. The real estate market in Neemrana has been encouraged by the entry of these large corporates.
