subject: Investment Destination Gurgaon - Hi-tech City Of India [print this page] As Indias foremost outsourcing hub, Gurgaon offers lots of investment opportunities. It is home to renowned, major multinational companies and is a major investment destination of India. Gurgaon houses Alcatel, British Airways, Ericsson, Hewitt, Coca cola, General Motors, and GSK etc. The presence of these multinationals has had tremendous impacts on its economy. As an investment hub, the city offers employment opportunities with the vast major investments that litter its economy. For investors keen on starting an industry or service production, this city makes for a superb location. Its proximity to Delhi offers a cosmopolitan extended market. The investment regime in this city is friendly and investors can set up their investments with ease.
These factors have been essential to the hordes of large investments and capital inflows that the city has attracted. Multinationals, foreign investors and even individual investors from India have diversified into the citys economy. Gurgaon houses many other manufacturing companies that are well respected in India. It boasts of the Maruti Udyog and Hero Honda motor cycle manufacturers. The city has developed industrial model townships, home to other big manufacturing giants. Places such as Dharuhera, Bawal, Manesar and Udyog Vihar are home to giant manufacturing firms making Gurgaon an important destination for investments in India. Other sectors of manufacturing like garment making have big names in this city as well. For instance Richa, Orient, Modelama, Flying Fashions etc conduct their export business from here. Major infrastructural development companies have found good business in Gurgaon. Construction projects, such as the thriving real estate sector and infrastructure development have necessitated this boom. The citys real estate is a prime investment idea. The need for housing for its increasing population has seen the rise of apartment buildings and other real estate rapidly. The recent fall in the real estate sector has largely waned. Developers such as DLF, Unitech, JMD and others have done good business in the corporate world. The construction of high rises for offices and business is their niche.
The export sector in Gurgaon economy has been motivated by the closeness of the Delhi and an easy connection to the international Airport. The future of this city in investment terms looks better. The planned Metro, the eight lane expressway will give the city a better means of transportation. The city is expected to have better infrastructure that will go a long way in attracting investments and building the impressive Gurgaon economy. In addition, the Medicity will make it a hub for medical health care.
by: Kamal Poria
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