Jaipur, the capital of Rajasthan, is flourishing at a rapid rate and is soon excepted to emerge as a megacity. The establishment of solar energy units and emergence of various automobile manufacturing companies and IT firms, has resulted in the significant industrial development of the city – this in turn has increased the employment opportunities. Improvement in the infrastructure and proximity to the national capital are main reasons for this development
Location and Accessibility
Connectivity poses the biggest challenge while looking for office spaces in jaipur. It is important to take into account the proximity to both rail networks and roadways before buying office space in a particular location. Similar attention requires to be paid to the type of locality, as a posh location resonates stability while a developing one poses questions about longevity and growth potential. With robust infrastructure and superb connectivity, it’s no wonder that Jaipur is one of the fastest growing cities in India.
The comfort of the employees of an organisation is of pivotal importance as it promotes motivation and positive drive, which in turn aids in the growth of the company. It is, therefore, important to take into consideration the age of the property as well as the essential facilities offered by the commercial real estate, such as power backup, internet, security, parking, recreation, dining options, etc., before opting for a particular office space.
With entrepreneurs and businesses comes the opportunity for newer companies and job openings blooming further. And this directly increases the demand for housing for those who come down to the city in the hope of finding new jobs and settling down. This has reasoned a lot of commercial and residential complexes booming at strategic regions, thereby enlisting the city amongst the top 10 megacities in the country.
special economic zone
Apart from tourism, Jaipur is home to several leading international corporations like McDonald’s, Coca-Cola amongst others. General Electric, the Fortune 500 Company that triggered the rapid urban expansion of Gurgaon has now expanded to Jaipur.
Furthermore, Mahindra Group in a public-private partnership with RIICO (Rajasthan Industrial Development and Investment Corporation) has developed Mahindra World City, on approximately 750 acres of land, a world-class multi-product economic zone that is home to several IT and ITES companies like ICICI Bank, Infosys and Mahindra Rise to name a few. Mahindra SEZ is one of the major contributors in terms of employment opportunities. It has become an IT hub and big companies like WIPRO, Phone support, GENPACT, and Mahindra World City, etc.
The Sitapura Industrial zone spread over 518.65 hectares is home to several large, medium and small scale industries offering employment to lakhs of people from the nearby districts. It’s home to industries from across verticals including engineering, electrical, electronics, gems and jewellery, handicrafts, paper, leather, pharmaceutical, power looms and more.