+
Japan’s Nihon Kohden does ground-breaking for MET City
ROADS & HIGHWAYS

Japan’s Nihon Kohden does ground-breaking for MET City

Model Economic Township Ltd (MET City), a wholly owned subsidiary of Reliance Industries (RIL), is developing a “world class” greenfield smart city near Gurugram, Haryana.

MET City is a Japan Industrial Township (JIT) and houses four leading Japanese companies. Nihon Kohden, one of the four and a manufacturer of medical devices, recently did a ground-breaking ceremony on their plot at MET City, an RIL statement said.

This facility of Nihon Kohden will be their largest manufacturing facility in India, and it will further enhance the position of MET City as a leading location for setting up companies in Haryana and North India, it added.

Panasonic, Denso and T-Suzuki are the other Japanese companies in MET City.

On the occasion of the ground-breaking ceremony, S V Goyal, chief executive of MET City, said, “With 400-plus industrial customers, walk-to-work masterplan, and world-class infrastructure, MET City today is one of the fastest growing greenfield smart city in north India.

“Being a Japan Industrial Township, we are very happy to have more Japanese companies coming to us and selecting MET City as their partner in India. The plug-n-play infrastructure of MET City is an added advantage for any company coming to us for their requirement,” he added.

See also:
Payments to be made for land acquisition for the smart city project
Odisha readying blueprint for peri-urban development


Model Economic Township Ltd (MET City), a wholly owned subsidiary of Reliance Industries (RIL), is developing a “world class” greenfield smart city near Gurugram, Haryana. MET City is a Japan Industrial Township (JIT) and houses four leading Japanese companies. Nihon Kohden, one of the four and a manufacturer of medical devices, recently did a ground-breaking ceremony on their plot at MET City, an RIL statement said. This facility of Nihon Kohden will be their largest manufacturing facility in India, and it will further enhance the position of MET City as a leading location for setting up companies in Haryana and North India, it added. Panasonic, Denso and T-Suzuki are the other Japanese companies in MET City. On the occasion of the ground-breaking ceremony, S V Goyal, chief executive of MET City, said, “With 400-plus industrial customers, walk-to-work masterplan, and world-class infrastructure, MET City today is one of the fastest growing greenfield smart city in north India. “Being a Japan Industrial Township, we are very happy to have more Japanese companies coming to us and selecting MET City as their partner in India. The plug-n-play infrastructure of MET City is an added advantage for any company coming to us for their requirement,” he added. See also: Payments to be made for land acquisition for the smart city project Odisha readying blueprint for peri-urban development

Next Story
Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

Next Story
Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

Next Story
Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App