Modern India is urbanising faster than ever before, and much of the country’s future economic growth is predicated on rising industrialization. Mahindra Lifespaces’ Industrial Cities & Industrial Clusters (IC & IC) business is committed to fueling India’s ambition of becoming a global manufacturing and services hub by developing integrated business cities (Mahindra World City) and industrial clusters (Origins by Mahindra) that attract investments, create jobs, generate exports, and empower local communities. These planned industrial developments are already the chosen business destinations of over 175 companies from more than 20 countries; and have created direct and indirect employment for nearly 190, 000 persons till date.
The Mahindra World Cities and Origins developments bolster ease of doing business by way of plug-n-play infrastructure; professional operations and maintenance services; doorstep customs clearance; clear land titles; JV with state governments; faster approvals and clearances; and sustainability initiatives encompassing carbon neutrality, water security, zero waste to landfill, and safe and inclusive workplaces. Moreover, these developments are located on high-growth corridors and offer proximity to national highways, international airports, industrial corridors, and seaports.
Mahindra World Cities
The Mahindra World City (MWC) developments in Chennai and Jaipur comprise large-format integrated cities that have been planned to be self-contained, with co-located industrial, residential, and commercial infrastructure. Spread over 4500 acres (approx.), MWC Chennai and MWC Jaipur encompass dedicated Special Economic Zones; Domestic Tariff Areas; and residential and social zones. Both the Mahindra World Cities have been master planned by globally renowned urban planners and have been developed on environment-friendly principles to drive economic and community growth. Together, MWC Chennai and MWC Jaipur are the chosen business destinations for 165 global and domestic companies; and have created direct employment for 55, 068 persons so far.
The Mahindra World Cities have been ranked as ‘Leaders’, and among India’s top 13 Special Economic Zones (SEZ) as per the latest Industrial Park Rating System report (IPRS 2.0) released by the Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry, Government of India.
Mahindra World City, Chennai – Established in 2002, MWC Chennai is India’s first integrated business city developed in public-private partnership (between Mahindra Lifespace Developers Ltd. and Tamil Nadu Industrial Development Corporation: 89 -11). It spans approximately 1500 acres and includes a business zone which is divided into three sector specific SEZs for IT, Auto Ancillaries and Apparel & Fashion Accessories; and a Domestic Tariff Area.
68 transnational companies, including BMW, BASF, Infosys, Fujitec, NTN Bearings, Lear Automotive, TVS Group of companies and Force Motors, have set up operations at MWC Chennai. The Special Economic Zone at MWC Chennai has generated exports worth approximately INR 1,09,541 Crores (as of Q2 FY’22).
MWC Chennai is currently home to 2500+ families across its five multi-format residential projects. Residents have convenient access to social infrastructure located within the integrated city. The CBSE-affiliated Mahindra World School, a hospital, banks and ATMs, a commercial centre with
retail outlets and a food court, a childcare centre, the MWC Club and a business hotel by Marriott are all located within this integrated business city. MWC Chennai is continually engaging with its surrounding communities to ensure equitable socio-economic growth.
Multiple environmental firsts:
1. India’s first IGBC Gold (Stage 1) certified Green Township and home to corporate India’s first operational SEZ
2. India’s first integrated city to have received ‘Zero Waste to Landfill’ certification.
3. Home to one of India’s largest planned urban afforestation drives – 4 lakh saplings planted across 150 acres. MWC Chennai also has an off-grid solar power plant with a capacity to generate 1,16,000 units of clean electrical energy annually.
Mahindra World City, Jaipur – Established in 2006, Mahindra World City, Jaipur is promoted as a (74 – 26) joint venture between Mahindra Lifespace Developers Limited and Rajasthan State Industrial Development and Investment Corporation. It is spread across approximately 3000 acres. The business zone comprises a multi-product SEZ (encompassing approx. 1500 acres) and a Domestic Tariff Area (DTA). The residential/social zone within MWC Jaipur is currently in the planning stage.
MWC Jaipur is the chosen business destination for 106 global and domestic companies including JCB, Deutsche Bank Group, TTK Healthcare Limited, Gaston Engineering and Mahindra & Mahindra. MWC Jaipur has generated exports worth approximately INR 16,118 Crore till date. (as of Q2 FY’22).
Mahindra World City, Jaipur, is the first project in Asia to receive Climate Positive Development Stage 2 Certification from the C40 Cities Climate Leadership Group (C40), a global network of large cities taking action to address climate change.