More Korean companies are welcome to DMIC Integrated Industrial Township Greater Noida: DPIIT
NOIDA: Anurag Jain, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce & Industry has called upon more Korean companies to set up their production facilities in DMIC Integrated Industrial Township Greater Noida. He said that increasing ease of doing business ranking, stable economic environment, and state-of-the-art infrastructure were some of the key factors that provided ideal ground for more foreign companies to make DMIC IITGN their base. He specifically appreciated plug & play infrastructure and others services for the investors in the DMIC.
Anurag Jain said this during his visit to DMIC Integrated Industrial Township Greater Noida (IITGN) recently, when he also visited a Korean company JWORLD Electronics India Private Limited there. JWORLD produces mobile child parts and supplies them to SAMSUNG India that has the world’s biggest smartphone manufacturing factory in the region.
While visiting JWORLD production facility on March 25, Jain who was accompanied by Ritu Maheshwari, CEO, NOIDA, and Patanjali Narayan Dixit, DMIC Company Secretary, was very appreciative of the clean environment inside and outside the factory as well as the latest equipment installed inside the factory. This state-of-the-art factory was constructed by MIRAE Construction India, a subsidiary of MIRAE Construction Vietnam that specializes in new factory construction, industrial plant, educational facilities, research & development (R&D) facilities, commercial building, residential building, civil engineering, interior, C/R design and construction, Clean Room, extension and renovation (remodeling).
Those present from the company side included KIM Jin-ho, Managing Director, and LEE Kyoung-won, Production Head, Bhupendra Singh, Senior manager, HR, and Venkatesh Singh, Manager, Quality of JWORLD Electronics.
During interaction with the JWORLD staff, Anurag Jain asked them to spread the good word about India and its excellent business environment amongst other Korean companies and invite them to invest in DMIC.
During his visit to DMIC, Anurag Jain also reviewed the progress of various ongoing projects including Integrated Industrial Township at Greater Noida (IITGN), Multi Modal Logistic Hub (MMLH), and Multi-Modal Transport Hub (MMTH).
Delhi Mumbai Industrial Corridor (DMIC) is a flagship program of the Government of India aiming to develop “Futuristic Smart Industrial Cities” and converging next generation technologies across infrastructure sectors.
DMIC aims at expanding India’s Manufacturing & Services base and developing DMIC as a “Global Manufacturing and Trading Hub”. It will provide a major impetus to planned urbanization in India with manufacturing as the key driver. In addition to new Industrial Cities, it envisages development of infrastructure linkages like power plants, assured water supply, high capacity transportation and logistics facilities as well as softer interventions like skill development programme for employment of the local populace.
DMIC is being developed along with the Western Dedicated Freight Corridor (WDFC). DFCCIL, a Ministry of Railways, Government of India enterprise, is developing WDFC, which passes through the states of Uttar Pradesh, Haryana, Rajasthan, Gujarat and Maharashtra, having end terminals at Dadri in the Uttar Pradesh and Jawaharlal Nehru Port (JNPT) near Mumbai, Maharashtra. The Dedicated Fright Corridor offers high-speed connectivity for High Axle Load Wagons supported by high power locomotives. DMIC will leverage the High Speed – High Capacity connectivity of WDFC.
In the first phase of DMIC eight new industrial cities are being developed across six states- Uttar Pradesh, Haryana, Rajasthan, Madhya Pradesh, Gujarat and Maharashtra. In the state of Uttar Pradesh, Dadri-Noida-Ghaziabad Investment Region is being developed under the DMIC. This investment region is located within 50 km from the alignment of Dedicated Freight Corridor and the nearest metropolitan region is Delhi, the National Capital of India.
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