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Mahindra World City signs 26 new clients

New Delhi, August 24, 2022: Mahindra World City Jaipur Ltd (MWC Jaipur), a joint venture between Mahindra Lifespace Developers Limited (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), on Wednesday announced that it has concluded 26 new lease agreements between April 2021 and June 2022. The new signings included both new customers and expansion of facilities by existing clients, together leasing about 137 acres of land. In the same period, MWC Jaipur and its constituent units aggregated investments have crossed Rs.721 crores, and cumulative exports by MWC Jaipur exceeded Rs.15,930 crores of which Rs 3,321 crores have been in the last 15 months.

The new entrants to MWC Jaipur represent a variety of sectors, like IT & ITeS, Engineering, Furniture manufacturing, Solar Energy, Gems and Jewelry manufacturing, Logistics and Warehousing. 

Rajaram Pai, Chief Business Officer – Industrial, Mahindra Lifespaces, said, “MWC Jaipur today is home to prestigious domestic and international manufacturing companies from across the world, who have established a manufacturing base in India for the first time. Enabling business acceleration for customers has always been our focus. We continue to deliver the highest urbanization standards by leveraging innovation, thoughtful design, and a deep commitment to sustainability. MWC Jaipur contributes towards generating incremental employment and income for the state while creating world-class infrastructure which would serve the nation for many years to come.  We are glad to be the enablers of Make-in-India and Make-for-India.”

The newly added roster of clients at MWC Jaipur includes Wipro Hydraulics., Renew Photovoltaics, Shakti Hormann, Kerakoll India, Normet,   Gulmohar Lane Lifestyle, Manor & Mews, J Atelier Pink City Pvt. Ltd., Kamal Coach Works Pvt. Ltd and Maxop Engineering amongst others.