Latest news with #IGBCGold-rated
Hans India
4 days ago
- Business
- Hans India
At 17, Sri City stands tall as India's model industrial hub
Sri City: Froma barren expanse on the Andhra-Tamil Nadu border to one of India's most celebrated industrial hubs, Sri City marked 17 years of transformational growth on Friday. Conceived to develop a backward region, it has evolved into a global manufacturing powerhouse, blending economic ambition with environmental and social responsibility. 'What began as my desire to give back to my homeland's progress has now become a world-class manufacturing destination that reflects India's global ambitions,' said Dr Ravindra Sannareddy, founder managing director of Sri City adding that this transformation gives him utmost satisfaction. Launched on August 8, 2008, Sri City now spans 8,000 acres and is India's largest integrated business city. Home to over 240 companies from 31 countries, including 35 Japanese firms, it is the country's second-largest destination for Japanese investment. With cumulative investments exceeding Rs 45,000 crore and exports surpassing Rs 65,000 crore, Sri City has firmly positioned itself at the heart of India's 'Make in India for the World' mission. It has created over 65,000 direct jobs, with women constituting more than 52 percent of the workforce, earning it the moniker 'Shthree City.' Its proximity to four ports and two international airports, alongside IGBC Gold-rated green infrastructure, has helped global brands like Colgate, Mondelez, Alstom, Isuzu, and Daikin serve both Indian and global markets. Dubbed the 'Cool City' for its dominance in air conditioning manufacturing, Sri City is expected to supply over 60 per cent of India's AC sales and 80 per cent of AC exports by 2027. In a boost to this sector, LG Electronics recently announced a Rs 7,000-crore investment in a new plant spread over 300 acres, projected to generate 1,500 direct jobs. The Andhra Pradesh government's allocation of an additional 2,000 acres earlier this year underscores the growing demand. Sri City's inclusive development model, rooted in consent-based land acquisition, high female employment, and integrated planning, has attracted praise from Prime Minister Narendra Modi, Finance Minister Nirmala Sitharaman, and Chief Minister N Chandrababu Naidu, among others. Beyond business, the Sri City Foundation drives extensive CSR efforts in healthcare, education, environment, and skill development. Marking its 17th Raising Day, the Foundation, in partnership with the NTR Trust, organised a blood donation camp that saw enthusiastic participation from industries and students. Sri City's 'Work-Live-Learn-Play' model, integrating SEZs, domestic zones, logistics hubs, and electronics manufacturing, is now being recommended by the Swarna Andhra Pradesh Vision 2047 Task Force for replication across the state.
Fashion Value Chain
23-04-2025
- Business
- Fashion Value Chain
RSP Developers Delivers South Asia's Largest Aviation Training Academy in Gurugram
RSP Developers, a pioneer in state-of-the-art, sustainable workspaces, has yet again raised the bar by creating one of India's first large-scale, corporate training and innovation campuses in Gurugram's Sector 75. Spread over 12 acres, this hub is now home to two marquee tenants-Air India and BMW Group-each operating world-class, purpose-built training facilities. RSP Developers Delivers South Asias Largest Aviation Training Academy Selected in mid-2023, the campus now hosts South Asia's largest Aviation Training Academy by Air India, spread across a massive 6,00,000 sq. ft. and purpose-built to support over 20 Full Flight Simulators (FFS) and an emergency evacuation training centre. The project's first phase was delivered within a record six months, with training already underway in early 2024. While the second phase will be operational in the coming months. Designed as a Built-to-Suit (BTS) development by RSP, this landmark facility will train Air India's pilots, cabin crew, ground handling, engineering, and security teams to meet the demands of its expanding fleet. RSP Developers Delivers South Asias Largest Aviation Training Academy Air India has leased the facility for 21 years, with an estimated annual rent of Rs70 crore-marking one of Gurugram's most significant commercial real estate transactions in recent times. Complementing this is the BMW Group Training Centre, operational since 2014 and also housed within the same innovation campus. Occupying 1,15,000 sq ft, the IGBC Gold-rated centre delivers structured training programs for dealer partners nationwide, spanning management, sales, aftersales, technical, and body training. 'Delivering BTS buildings in record time, with cutting-edge design and sustainability at the core, is central to RSP's mission,' said Satya Priya Yadav, Group CEO, RSP Developers. 'Our vision is to create future-ready, out-of-the-box corporate campuses that reflect global standards.' Founded in 1996 by Raj Singh Yadav and Satya Priya Yadav, RSP Developers is known for delivering bespoke, Built-to-Suit workspaces that cater to India's most forward-looking businesses. Clients include the BMW Group, Air India, PolicyBazaar, Droom, IFF, Ceva Logistics, AS Systems, Encore Capital Group, Orange, Swiggy, Koovs, HFCL, Infotel Ltd, Exicom, Punj Lloyd, Tellabs Airworks, Avago Technologies, and Fibcom. With over 1.5 million sq. ft. developed across Gurugram's Sectors 18, 44, and 75, RSP Developers has built a reputation for low-density, environmentally responsible projects backed by single ownership, long-term leasing, and robust financial engineering.
