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.
Esta historia es de la edición April 22, 2024 de Business Standard.
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