GIFT City-Like Zones Essential for Manufacturing: PwC Chief
ECONOMY & POLICY

GIFT City-Like Zones Essential for Manufacturing: PwC Chief

Sanjeev Krishan, PwC Chief, emphasizes the importance of establishing GIFT City-like zones and IP-linked schemes to drive growth in the manufacturing sector. These zones are seen as pivotal for enhancing industrial infrastructure and boosting economic development.

Key Details:

GIFT City Model: The GIFT (Gujarat International Finance Tec-City) City model is highlighted as a successful example of creating specialized zones that foster business growth and innovation. Replicating this model in other regions is seen as essential for manufacturing advancement.

IP-linked Schemes: Intellectual Property (IP)-linked schemes are proposed to support innovation and attract investments by providing a conducive environment for technology and intellectual property development.

Manufacturing Sector Boost: Establishing such zones is expected to provide a structured environment for manufacturing industries, enhancing efficiency, and promoting economic growth.

Economic Impact: By creating specialized zones with tailored incentives and infrastructure, the manufacturing sector can benefit from improved business conditions and increased investment opportunities.

Strategic Importance: The focus on GIFT City-like zones and IP schemes aligns with broader efforts to strengthen industrial infrastructure and support sustainable economic development.

Overall, the proposal to develop GIFT City-like zones and IP-linked schemes underscores a strategic approach to fostering manufacturing growth and innovation, reflecting a commitment to enhancing industrial capabilities and economic progress.

Sanjeev Krishan, PwC Chief, emphasizes the importance of establishing GIFT City-like zones and IP-linked schemes to drive growth in the manufacturing sector. These zones are seen as pivotal for enhancing industrial infrastructure and boosting economic development. Key Details: GIFT City Model: The GIFT (Gujarat International Finance Tec-City) City model is highlighted as a successful example of creating specialized zones that foster business growth and innovation. Replicating this model in other regions is seen as essential for manufacturing advancement. IP-linked Schemes: Intellectual Property (IP)-linked schemes are proposed to support innovation and attract investments by providing a conducive environment for technology and intellectual property development. Manufacturing Sector Boost: Establishing such zones is expected to provide a structured environment for manufacturing industries, enhancing efficiency, and promoting economic growth. Economic Impact: By creating specialized zones with tailored incentives and infrastructure, the manufacturing sector can benefit from improved business conditions and increased investment opportunities. Strategic Importance: The focus on GIFT City-like zones and IP schemes aligns with broader efforts to strengthen industrial infrastructure and support sustainable economic development. Overall, the proposal to develop GIFT City-like zones and IP-linked schemes underscores a strategic approach to fostering manufacturing growth and innovation, reflecting a commitment to enhancing industrial capabilities and economic progress.

Next Story
Resources

Skyview by Empyrean is Making Benchmarks in the Indian Ropeway Industry

FIL Industries Private Limited, the parent company of Empyrean Skyview Projects that pioneered ropeway mobility solutions in India with Jammu’s Skyview Gondola, is currently developing the Dehradun-Mussoorie ropeway and is on track to complete Phase I by September 2026. The ropeway is set to be India’s longest passenger aerial monocable covering 5.8 km between the foothills of Dehradun in Purkulgam and MDDA taxi stand in the hills of Mussoorie in just under 20 minutes. The firm pioneered green mobility solutions in India with the development of the flagship Skyview Gondola in Jam..

Next Story
Technology

Creativity is for Humans, Productivity is for Robots!

On most construction sites, the rhythm of progress is measured by the clang of steel, the hum of machinery and the sweat of thousands. But increasingly, new sounds are entering the mix: the quiet efficiency of algorithms, the hum of drones overhead, and the precision of robotic arms at work. Behind the concrete and cables, an invisible force is taking hold: data. It is turning blueprints into living simulations, managing fleets of machines, and helping engineers make decisions before a single brick is laid. This is not the construction of tomorrow; it is the architecture of today – built on ..

Next Story
Infrastructure Urban

Bhartiya Urban Unveils ‘Bhartiya Converge’ GCC Enablement Platform

Bhartiya Urban has launched Bhartiya Converge, its latest business venture designed to become India’s premier platform for enabling Global Capability Centres (GCCs). The initiative offers an integrated ecosystem aimed at helping global clients gain a competitive edge in today’s rapidly evolving business environment. Focused on enhancing turnaround time and operational efficiencies, the company seeks to deliver better business outcomes powered by top-tier talent. Bhartiya Converge presents a customised and integrated suite of microservices that addresses the nuanced and evolving operational..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?