Mahindra World City Jaipur (MWC Jaipur), a joint venture (JV) between Mahindra Lifespace Developers (MLDL) and the Rajasthan State Industrial Development and Investment Corporation (RIICO) has received multi-product notification for its Special Economic Zones (SEZs).

The 1,500 acre SEZ in MWC Jaipur is Rajasthan’s first operational SEZ to be notified as multi-product.

The existing sectoral SEZs in MWC Jaipur -- engineering & related Industries; IT/ITeS; handicrafts; and gems and jewellery – have been merged and will operate as one multi-product SEZ.

The multi-product SEZ is strategically located and provides convenient access to airports, ports and markets in northern and western India.

It also offers enhanced business advantages to existing and potential customers, including flexibility to expand product lines while retaining tax benefits and a wider choice of locations within the SEZ.

The multi-product SEZ at MWC Jaipur will contribute to Rajasthan’s industrial footprint and drive enhanced investment; an increase in direct & indirect tax revenues; and improved employment and skilling opportunities for local communities.

Companies who have already signed up at MWC Jaipur include Ball Corporation, Deutsche Bank, Gravita, Infosys, Jaipur Crafts, JCB, KnitPro International, Mahindra & Mahindra, Metlife, Perto, Poly Medicure, TTK Healthcare and Yasen Lighting, among others.