New Delhi: Ahmedabad, Bengaluru, Chennai, Noida-Greater Noida, Gurugram-Manesar and Mumbai-Aurangabad are among the top 10 industrial corridors where MNCs can set up manufacturing units, according to a report.
Property consultant JLL India and Invest India have come out with a joint report 'Great Places for Manufacturing in India -- World-class Destinations for Multinationals'.
The report has mapped more than 40 industrial belts in the country, of which 10 locations are most suitable to set up manufacturing units.
"The year 2020 presents challenges as uncertainty grips the world with the outbreak of COVID-19. While the world continues recovering gradually, industries world over are revisiting their global supply chain and reworking alternative business continuity plan," JLL India Country Head and CEO Ramesh Nair said in the report.
While there has been a growing emergence of Southeast Asian countries as the preferred choice, India has three distinct advantages, including the recent reduction of corporate taxes for setting up of new industries.
India is also host to Global In-house Centres (GICs) and Global Centre of Excellence (GCoEs) for several manufacturing companies that provide for more robust ecosystem and R&D, he said.
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Source: economictimes.indiatimes.com
