Jaipur: Mahindra World City Jaipur Ltd. (MWC Jaipur), a joint venture between Mahindra Lifespace Developers Ltd. (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO), today announced that it has received multi-product notification for its Special Economic Zones. The existing sectoral SEZs in MWC Jaipur— Engineering & Related Industries; IT/ITeS; Handicrafts; and Gems & Jewellery —have been merged and will operate as one multi-product SEZ. Multi—product notification for its Special Economic Zone provides significant impetus to MWC Jaipur as one of India’s most preferred business destinations -one which is already home to more than 80 leading global and domestic companies across its industrial zone.
Established in 2006, MWC Jaipur embodies the philosophy of ‘Livelihood. Living and Life‘, and has created employment for more than 35,000 persons (including direct employment for 10,000+ persons) till date. It is the only integrated business city of its kind in North India and encompasses a Domestic Tariff Area, social & residential infrastructure and the aforementioned multi—product SEZ. MWC Jaipur provides a holistic and self-contained ecosystem for the manufacturing & services industry, and has generated cumulative exports worth Rs 7097 Cr so far.