The 242-km stretch of NH48, also known as the Delhi-Jaipur Expressway, is a breeze to navigate. This eight-lane highway is mostly smooth, with minor disruptions due to construction and large freight movers.
From its starting point near Haryana, the expressway is peppered with green RIICO signboards pointing towards various industrial clusters, interspersed with billboards from real estate developers.
The Rajasthan State Industrial Development and Investment Corporation (RIICO), established in the 1990s, has matured over the past decade, thanks to infrastructure development that connects the state with Delhi selling point that no RIICO official ever fails to mention.
The Khuskheda Bhiwadi Neemrana Investment Region (KBNIR) spans both sides of the highway under Alwar district.
Near Khushkheda lies a 400-acre Honda Motors facility. Most auto ancillaries in Neemrana's Japanese zone cater to Honda. The 1,100-acre Japanese Zone, dedicated to Japanese companies under an India-Japan memorandum of undertaking (MoU), has been leased by the National Industrial Corridor Development Corporation (NICDC), which is currently developing another industrial corridor in the area. Officials admit that the project hit a snag a few years back due to delays in land acquisition, but work has since picked up pace.
The Japanese Zone, coupled with the super luxurious Neemrana Fort, has spurred the development of residential properties, tourist spots, and other amenities in the area.
On the other side of the highway, Bhiwadi aspires to emulate this success.
هذه القصة مأخوذة من طبعة April 22, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة April 22, 2024 من Business Standard.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 8500 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
India Inc profit in Q4 grew least in 5 quarters
Listed companies' combined net profits (adjusted for exceptional gains and losses) were up 11.4 per cent yearon-year (Y-o-Y) in the January-March 2024 (Q4FY24), growing at the slowest pace in the last five quarters.
Rising mercury quenches FMCG thirst
With heatwave persisting in most parts of the country, fastmoving consumer goods (FMCG) companies continue to report a sharp increase in the sales of summer-centric products like ice creams and cold beverages.
Agnikul fires up reusable rocket dream, orbital launch next target
After the successful test flight of Agnibaan SORTED, Chennai-based space startup Agnikul Cosmos is lining up an orbital flight in the next 12 months and is also drawing up an ambitious plan to develop India's first reusable launch vehicle carrying payloads.
Indian travellers in 'hot pursuit' of luxury
More inclined to seek unique experiences, willing to brave the heat, and explore beyond traditional holiday seasons
HAZE OVER BRIGHT LINE TEST
Why transfer pricing over marketing intangibles has become a contested issue between companies and tax authorities
Of cricket and monetary policy
The June policy will be one of status quo in every way. There will be no change in rate or stance
Small credit business gives itself a hand
As unsecured loan growth ebbs, new ways to serve the segment have emerged, report
Banking channel for financial inclusion feels left out
Business correspondent firms' revenues are under stress as banks get tough with them to meet targets
Unclaimed shares in banks caught in legal limbo
The Banking Regulation Act, 1949, empowers the Reserve Bank of India (RBI) to regulate banks, but many of its provisions do not apply to those owned by the government.
Lack of central KYC hinders market participation
I recently spent an idyllic week trekking with friends in the Dordogne region of southwest France.
