Medi Caps Business Park

Why Pithampur Becoming Hotspot For Investment

Pithampur is an industrial city, and is a part of Indore Metropolitan Region. Presently called the 'Detroit of India’, Pithampur houses major industries and companies of MP such as Shakti Pumps India Limited, Eicher Motors, Force Motors Ltd, Mahindra, Man Trucks India, Cipla, Indorama Synthetics and many more. From the convenience of connectivity to the much-sought requirement of public entertainment zones, Pithampur has everything covered for one to live a perfect lifestyle.

Pithampur auto cluster has over 90 large and 700 SME units with combined investment of US $ 11.3 billion providing employment to 70000 people and has a strong existence of - Auto, OEMs and Auto parts manufacturers.

Apart from automobile industries, Pithampur is home to various other industries like food processing, chemical processing, distilleries, and manufacturing and textile industries.

Pithampur has national automotive testing tracks (NATRAX), which is the 2nd largest auto testing track, ICD at TIHI and skill development institute like Indo German Tool Room and Symbiosis University of Applied Sciences. It is one of the SEZs of India, here upon paving way to great development.

Pithampur can be a great place for you to live and connect yourself with the pharmaceutical companies. There are more than 10 pharmacy companies in pithampur which includes Cipla limited, glenmark pharmaceuticals, medilux etc.

CONNECTIVITY THAT VALUES FOR YOUR 'TIME'

Well served by NH-3 (Agra-Mumbai), Other State Highways, Rail linkages and with Domestic Airport at Indore, Pithampur has surpassing connectivity to rest of India and is located close to Indore, the commercial capital of the State. Government is also

planning to develop important connectivity links such as NH-59, Rau- Pithampur Road and Mhow-Pithampur Road.

EXCELLENT INFRASTRUCTURE THAT BOOST ‘PRODUCTION'

State Government is also operating on its plan under the Delhi-Mumbai Industrial Corridor (DMIC) project, to redevelop Pithampur-Dhar-Mhow, a enormous industrial belt, as an upcoming investment destination.

Under which the physical and social infrastructure will undergo wave of changes besides, there will be smart city features such as economic corridor connecting the influence area of Indore and the industrial area of Pithampur, multi model logistic hub, advancement in public transport, water supply and water management system. This will support job creation, preserve the surrounding environment and enhance the regional economy. The Pithampur-Dhar-Mhow Investment Region is a sprawling area of over 8.41 million sq.m built up area for development of facilities.

Moreover, State government has allotted Rs. 450 crore to the industry department for the fiscal year 2017-18 for developing roads, industrial parks and ecosystem among others inthe region .

HOUSING THAT GOES BY YOUR INCOME

Pithampur being a largest industrial and automobile hub, strategically located, having a high Inundation of workforce and is expected to increase by 10% in coming years, industries are growing at a rapid pace and with further government's intake on infrastructural development, housing needs in the region are likely to rise further. Prices have already been appreciated and will continue to do so. Thus, Pithampur is a good option for property investment.

METRO RAIL PROJECT IN A TWINKLING

The State Cabinet has decided to form a Metropolitan area (Mahanagar Kshetra) for the implementation of the metro rail project in Bhopal and Indore cities. Pithampur Investment Area have been added in Indore Metropolitan Area.

Chief Minister Kamal Nath has directed officials to include Mandideep, Bhopal Airport and Pithampur Industrial Area of Indore in Bhopal and Indore Metro Project. The Chief Minister said that the Metro Rail should be completed soon by reducing its stipulated time frame .