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Manesar to emerge as global industrial hub; to attract over 1 lakh crore investment by 2020
The new industrial and commercial hub in Manesar has been projected to be the nucleus for investors in Northern India and is likely to attract over 1 lakh crore investment apart from an additional Rs. 10,000 crore revenue for the Haryana exchequer and will also generate about 15 lakh skilled and unskilled jobs by 2020.

THIS HAS come out in a study by the industry body Assocham, which released the report on “Manesar-Golden city of Haryana”. Assocham said that large the numbers of Japanese small scale industries (SSIs) are likely to be shifting their manufacturing base to Manesar.

Sunil Kumar Dahiya, convener of “Manesar Development Council” Dhaiya said in a statement that Manesar has transformed into an industrial and commercial hub with the availability of all basic services like health facilities, schools, a post office, banks, warehouses and cargo facilities. Industrial Model Township (IMT) Manesar has seen a massive influx of corporate traders, realty players, manufacturers, industrialists, and also MNC.

“Already, leading global brands like Toyota, Mitsubishi, Honda, Suzuki, etc., are making colossal investments in Manesar real estate. Also, the proposal to build an expressway to Jaipur is adding value to Manesar's real estate. Most of the topnotch builders in India like Reliance, DLF, Unitech, Raheja, Vatika, Orris Infrastructure, Amrapali, Antriksh, etc., have already bought land banks on this stretch to develop townships,” said Dhaiya.

The government has acquired 2,000 acres for the education city and is all set to make Manesar a dream destination for education. "The unique aspect of Manesar is the simultaneous development of residential complexes for both executive and non-executive staff. The HSIIDC acquired 250 acres across the national highway and has allotted it to various units for building staff quarters there. The commercial property in Manesar offer state-of-the-art office spaces, added Dhaiya. According to ASSOCHAM analysis, the real estate market in Manesar has been growing at a frenzied pace ever since several top MNCs moved in Manesar. Rates of commercial properties in Manesar have increased by 40-45 % in the last five months,

Manesar will emerge as a Mecca of industry-specific infrastructure, service ancillaries, commercial services, and an array of other essential services. The developing area is a perfect choice for trade towers, corporate offices, industrial units and shopping malls. A flyover on NH-8, which links the residential zone with the industrial zone, has helped in making the city more alluring to end users, says DS Rawat, Assocham's general secretary.

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