Mahindra World City Jaipur provides 16 acres to 4 firms

Mahindra World City Jaipur Ltd said it has provided nearly 16 acres in its industrial township to four companies for setting up their facilities. The land parcels have been provided on 99 years lease to four companies from the IT/ITeS, medical devices, manufacturing and warehousing logistics sectors, said Sanjay Srivastava, Business Head Mahindra World City, Jaipur. The four companies including Programmers.io, Vitromed Healthcare, Bansal Oil Mill, and Bhagwati Group are investing to establish new facilities/expand existing operations at Mahindra World City (MWC) Jaipur which is spread over 3,000 acres. MWC Jaipur is a joint venture between Mahindra Lifespace Developers Ltd (MLDL) and Rajasthan State Industrial Development and Investment Corporation (RIICO). At the end of the last fiscal, MWC Jaipur had 92 clients, including large corporates and MSMEs. Mahindra group has already invested over Rs 5,000 crore to set up this township.