Reliance Industries Limited Is Planning To Build A Smart City Near Gurugram

Reliance Is Planning to Build a Smart City Near Gurugram

Listen To The Article

In a statement, Mukesh Ambani’s firm said, “Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL), is emerging as a world class Greenfield Smart City near Gurugram, Haryana.”

MET City is a Japan Industrial Township (JIT), and its integrated industrial township is home to four leading Japanese companies.

“Nihon Kohden, one of the four Japanese companies and a medical device maker, recently held a ceremony on their plot at MET City,” it said. “This Nihon Kohden facility will be their largest manufacturing facility in India, and it will further support MET City’s position as a leading location for setting up businesses in Haryana and North India.” Other Japanese companies in MET City include Panasonic, Denso, and T-Suzuki.

S V Goyal, CEO of MET City, said, “With 400+ industrial customers, a walk-to-work masterplan, and world-class infrastructure, MET City today is one of the fastest growing greenfield smart cities in North India.”

“As a Japan Industrial Township, we are thrilled that more Japanese companies are choosing MET City as their partner in India. “MET City’s plug-and-play infrastructure is an added benefit for any company that comes to us with a requirement “He continued.

Greenfield Smart City: All You Need To Know

According to Vaibhav Mittal, MET City’s Vice President and Head of Business Development, efforts will be made to attract more Japanese companies to MET City and make it one of the most sought-after business cities in North India.

The new 8,900 square metre haematology analyzer reagent factory, which will be built on 16,135 square metres of land, will be nearly four times larger than the company’s current factory in Gujarat, according to Nihon Kohden India Managing Director Kentaro Kusano.

“This facility represents an important milestone in our commitment to expanding our business in India, and it positions Nihon Kohden well to achieve our vision for India as a trusted partner and provider to improve healthcare in the country,” he said.

MET City (METL) is a wholly owned subsidiary of Reliance that is developing a world-class greenfield smart city on over 8,000 acres of land in Jhajjar, Haryana.

Source-ET

Compare listings

Compare