India has shortlisted 10 Mega clusters across India to attract companies world-wide. It is part of planning to provide tax benefits and other relaxations. This is an attempt to project India as an alternate destination amid the Corona pandemic.
There is a list of 40 clusters and 10 most potential clusters selected out of these 40 clusters. Government is projecting all clusters as sectorial potent. Noida - Greater Noida - Yamuna Expressway cluster is identified as Electronic hub. Other potential clusters are Gurgaon - Manesar, Hyderabad, Ahmedabad, Vadodara (Bharuch-Ankleshwar Cluster), Mumbai-Aurangabad, Pune, Bengaluru, Hyderabad, Chennai and Tirupati-Nellore.
This is part of an exercise initiated by Government of India and finally published the above list "Great Places for Manufacturing in India".
These initiative will boost the investment in India because of cheap labour and latest Corporate tax reforms. Above all, India will be a big domestic market for all manufacturer. The tussle of America with China and anger of European countries against China will play a major role in favour of India. The areas to be kept under vigilance are poor infrastructure, law and order situation, trade unions and red tapism. The work culture, skills and productivity need grooming and setting standards to the level of international expectations.
There is a list of 40 clusters and 10 most potential clusters selected out of these 40 clusters. Government is projecting all clusters as sectorial potent. Noida - Greater Noida - Yamuna Expressway cluster is identified as Electronic hub. Other potential clusters are Gurgaon - Manesar, Hyderabad, Ahmedabad, Vadodara (Bharuch-Ankleshwar Cluster), Mumbai-Aurangabad, Pune, Bengaluru, Hyderabad, Chennai and Tirupati-Nellore.
This is part of an exercise initiated by Government of India and finally published the above list "Great Places for Manufacturing in India".
These initiative will boost the investment in India because of cheap labour and latest Corporate tax reforms. Above all, India will be a big domestic market for all manufacturer. The tussle of America with China and anger of European countries against China will play a major role in favour of India. The areas to be kept under vigilance are poor infrastructure, law and order situation, trade unions and red tapism. The work culture, skills and productivity need grooming and setting standards to the level of international expectations.
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