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More than Sixty Companies Moving To Gurgaon From China Post Covid19 .

Ipshita Ray
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Recently the Haryana CM Manohar Lal Khattar confirmed that there have been talks with the companies that want to move their bases from China after the COVID-19 pandemic and want to invest in India. Mentioning it as a major opportunity that can revive the economy of the state, the Chief Minister has stated that 60 companies have expressed their interest to invest in the state. According to government sources, 38 out of 60 companies can be provided the requisite infrastructure to start their operations from Gurugram. This has majorly been initiated because of the advancement in technologies and infrastructural facilities in the city of Gurgaon. These companies are functioning in the sectors of Information Technology, engineering goods, electrical goods, automobile manufacturing and auto ancillary units. As the strategy of the Haryana government is to ensure investment of industry in all its 22 districts, the move is also expected to also benefit Nuh.With large numbers of migrant labourers having left the state, the government also plans to make the local population work in these industrial units. Eight billion out of 126 billion revenue from IT and electronic export comes from Gurugram with five per cent of the global workforce in business process management being employed in the city. Moreover, 60 percent of two wheelers and 50 per cent of the cars manufactured in the country is done from in and around Gurugram. The city is also a hub of 1,544 startup firms. There has been a lot of development in the commercial real estate segment in India. With multinational companies setting up their base in India and looking for new avenues in our home country there are a lot of opportunities. Real estate giants like M3M, Adani, AIPL, DLF are building outstanding commercial complexes keeping in mind the requirement of fortune 500 companies. These are fully equipped with the latest features, functionalities and teamed with fully serviced apartments. Small townships which include high street retail, serviced apartments, international standard office spaces and close proximity to the facilities like airport, malls, schools, hospitals etc are being developed keeping in mind the futuristic demand.. Over the last decade, due to limited supply in micro markets in Delhi and availability of ample Grade A office supply in Gurgaon’s micro markets, the focus of several multinationals/ office occupiers has shifted to Gurgaon, especially the occupiers in the IT and ITeS sector. In fact, at least 11 million sq ft of office supply is expected to be completed soon in Gurgaon; most of which would be along the Golf Course Extension Road and parts of the commercial belt in New Gurgaon and Dwarka Expressway. A considerable proportion of this supply would be in the form of IT/ITeS SEZ developments, according to Colliers Research. This is going to be the most exciting phase of development in India. Myshopdeal deal with all the top brands of the city like DLF, AIPL,M3M, Godrej, Emaar etc. In case if you have any queries relating to commercial as well as residential projects we are always available to answer. Call us as 9711750505. Also, keep checking our social media handles for important updates from builders.