Nashik blooming industrial scenario

By : |September 7, 2011 0

BANGALORE, INDIA:

A city’s success story by and large involves a dynamic exercise not only on part of a government but also on part of private players.  As far as Nashik is concerned, it has faired well on both these counts.

On one hand, the initiatives of the people’s representatives and the government have started bearing fruits in the form of hectic activities for infrastructural upgradation and industrial enhancement, while on the other private players have zeroed in on the city to set up their projects here, knowing that any investment now would fetch huge returns soon.
Already going through unbelievable since the past few years with many multinationals setting up their offices here, Nashikites changing lifestyle has started reflecting in the booming housing, retail and entertainment industry. The rising number of spas and gyms, food joints and coffee shops, and multiplexes all smack off the metro culture fast penetrating into the city.

                                 

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"This is the need of the time. Business and employment opportunities are increasing. Hence, young professionals are coming to Nashik in large numbers and they will multiply manifold in the near future.

Also read: Interview with President Nashik Industries and Manufacturers Association

A number of new engineering, pharmacy and management colleges are here,
As a result, today Nashik is rated as the most attractive tier2 city in Maharashrta & 4th developing city in India & 14th tru out the world.

The ever-growing industrial and educational scenario here, good connectivity climatic conditions, the upcoming Special Economic Zone(SEZ)at Sinnar,25km from Nashik, pilgrimage centres like Shirdi, Tribamkeshwar and Vani in its vicinity and the proximity to Mumbai and Pune, also have served this cause.

And there is no type of building about this. just behind Ahmedabad and Vizag. The parameters taken in to account, while rating the city included manpower accessability, reality outlay, new supply, cost of living, manpower overheads, infrastructure and most importantly social security.

{#PageBreak#}Nashik blooming industrial scenario

Coming a long way from being known as a pilgrim town, to a grape city, pensioners paradise and wine capital, India Bulls ltd has developed 2’500 hectares special economic zone at Sinnar, while there are reports that Mahindras are setting up their new automobile plant at an investment of 500 crore.

Hero Honda too has finalised125 acres at Sinnar SEZ for setting up a manufacturing unit and two steel plants are also on the anvil at Sinnar SEZ, reports say. Again Tata Infrastructure has signed nearly 980 acres at Sinnar SEZ, while a leading developer has announced to start a logistic park on an area admeasuring nearly 100acres, according to reports.

Also read: Profile of Nashik Industries and Manufacturers Association

Further to provide Students and professionals with an opportunity to make career s in the field of aviation and to meet the requirements of the booming aviation activity across India, Hindustan Aeronautics Ltd (HAL), Pravara Rural Education Society, and Algonquin College of Applied Arts and technology,Canada have jointly come up with the HAL-Pravara Aviation Institute at HAL,Nashik premises.

And now after the commencement of the Cargo hub at HAL, Club One Air is also planning is to start private jet on call,while Nashik is also on the list of Gurgaon-based MDLR Airlines which has planned to expand into more regional cities.

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