Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Make in India enhances office leasing in the manufacturing sector

- Advertisement -

pm-narendra-modi-launches-make-in-india-campaign-in-delhi

The manufacturing sector cataloged a two-fold jump in the first half of 2016 .

By Baishakhi Dutta

- Advertisement -

According to a Knight Frank report released early this week, the Make in India dynamism has sustained the manufacturing sector ease up office space as IT/ITeS sector has started losing its paramountcy in the space.

The Make in India initiative, launched by Prime Minister Narendra Modi in September 2014 it was to inspire foreign manufacturers to set up factories in India by mitigating business rules and streamlining approval process.

Office space leased by companies such as Samsung and Honeywell in Gurgaon, and Oppo in Noida contributed significantly to the sector’s demand in this half, according to the report.

In the commercial capital Mumbai, manufacturing sector transactions recorded a 95% jump with companies from chemical and pharmaceutical sectors taking up office spaces in Andheri-Kurla, Bandra Kurla Complex, Vikhroli and Powai. Chennai has also seen the manufacturing and other services sector gaining market share, especially in the last 18 months, with companies like Renault-Nissan and Ford taking up large office spaces in the city.

Another phenomenon which became more visible in the report was the preference for ready-to-move-in projects.

The report stated that this growing temperament is the aftermath of project lag and long withstanding period in the completion of infrastructure project.

- Advertisement -

Most Popular Articles

Wipro, FORVIA Partner To Boost Advanced Driver Assistance Systems

0
Wipro's Cloud Car Solution components help FORVIA enhance ADAS applications by optimising them, minimising reliance on hardware, and boosting safety features through a cloud-native...

Wolfspeed Lays Off 20% Workforce, Shuts US Facilities

0
Amid slowing EV demand and challenges in industrial and energy sectors, Wolfspeed plans to cut 20% of its workforce, close key fabs, and save...

Mobec Initiates Recycling And Circular Economy For Sustainable Mobility

0
Mobec's latest strategy for battery refurbishment, material recovery, and energy storage supports India's 2030 goals for electric vehicles by aiming to minimise waste and...
Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...

Industry's Buzz

Wipro, FORVIA Partner To Boost Advanced Driver Assistance Systems

0
Wipro's Cloud Car Solution components help FORVIA enhance ADAS applications by optimising them, minimising reliance on hardware, and boosting safety features through a cloud-native...

Wolfspeed Lays Off 20% Workforce, Shuts US Facilities

0
Amid slowing EV demand and challenges in industrial and energy sectors, Wolfspeed plans to cut 20% of its workforce, close key fabs, and save...

Mobec Initiates Recycling And Circular Economy For Sustainable Mobility

0
Mobec's latest strategy for battery refurbishment, material recovery, and energy storage supports India's 2030 goals for electric vehicles by aiming to minimise waste and...
Ola electric

Ola To Launch Its First Electric Three Wheeler ‘Raahi’ By Early 2025

0
This strategic move aims to diversify Ola's offerings beyond electric scooters and tap into the growing demand for electric three-wheelers in India. Ola Electric Ltd,...

Is India Becoming A Key R&D Hub For Apple Products?

0
Betting big on India, Apple is launching a new R&D hub to drive product design, testing, and tech innovation, tapping into the country's growing...

Learn From Leaders

“Adoption Of IoT-Enabled SMT Machines Is Still In Early Phases” – Pradeep Tandon, Director...

0
While electronics are becoming smarter through the Internet of Things, is electronics manufacturing following suit? Pradeep Tandon, Director for India, Middle East, and SAARC...
Dr Yashodhan P. Gokhale, Vice President for Battery Technology, JSW Energy

Charge Forward: High-Voltage Batteries And MSMEs Can Fuel India’s EV Revolution

0
A nuanced explanation of low- and high-voltage EV batteries by Dr Gokhale, Vice President for Battery Technology at JSW Energy, illuminates their advancements and...
Sanjay Gupta, CDO & Global Head of Engineering, L&T Semiconductor Technologies

Can MSMEs Contribute And Profit From The Semicon Boom?

0
Semiconductor manufacturing often requires significant investment, typically feasible only for governments or large corporations. But are there opportunities for MSMEs as well? We spoke...
N.P. Ramesh, COO and Co-Founder, Orb Energy

“We Ensured Customers’ Monthly EMI Would Be Equal To Or Less Than Their Electricity...

0
In a conversation with Nitisha from EFY, N.P. Ramesh of Orb Energy outlines the early financing challenges customers faced. He explains how Orb Energy’s...

“Government Policy Should Equitably Address All Electric Vehicles: Extend Subsidies To Retrofits Or Remove...

0
Aryaman Raghuvanshi from EFY engages with Pramod Narendra, Head of Brand Management and Retail Network at Starya Mobility, to explore the overlooked potential of...

Startups

Wireless Light-Based Communication With Velmenni’s Technology

0
Velmenni is at the forefront of wireless communication innovation with its pioneering light-based technologies, Li-Fi and LC Link. Founded by Deepak Solanki in October 2014...

Harnessing AI Technology For Efficient Pest Management

0
AI-Genix, an agri-tech startup, is transforming pest management for farmers through advanced AI-enabled systems that precisely target harmful pests. In an industry where pesticides and...

One Charger To Charge All Your Devices

0
Now, there is no need to carry different chargers for different products. This Bhubaneswar startup has launched a universal 65W charger using GaN technology...

Karnataka Government Initiative Promises ₹5M To Tech Startups

0
Boosting innovation and entrepreneurship across the state’s vibrant ecosystem, Karnataka launched Elevate 2024 and KAN, offering grants up to ₹5 million for startups. On Tuesday,...

CastNX Tech Startup Secures ₹232M For Power Electronics Growth

0
Eyeing to boost R&D and produce 100,000 variable frequency drives by 2026, Indian power electronics startup CastNX has secured ₹232.2 million from Plutus Investments. CastNX...