india on account of its large domestic market and low cost production base is wellpositioned to host new investments various sectors new delhi ahmedabad bengaluru chennai noidagreater noida gurugrammanesar and mumbaiaurangabad are among the top 10 industrial corridors where mncs can set up manufacturing units according to a report property consultant jll india and invest india have come out with a joint report great places for manufacturing in india worldclass destinations for multinationals the report has mapped more than 40 industrial belts in the country of which 10 locations are most suitable to set up manufacturing units advt the year 2020 presents challenges as uncertainty grips the world with the outbreak of covid19 while the world continues recovering gradually industries world over are revisiting their global supply chain and reworking alternative business continuity plan jll india country head and ceo ramesh nair said in the report while there has been a growing emergence of southeast asian countries as the preferred choice india has three distinct advantages including the recent reduction of corporate taxes for setting up of new industries india is also host to global inhouse centres gics and global centre of excellence gcoes for several manufacturing companies that provide for more robust ecosystem and rd he said a large domestic market along with prospects of a manufacturing export hub are added attractions nair said talking about the locations the report said mumbai aurangabad has emerged as maharashtras new industrial belt pune has a unique culmination of it and manufacturing it listed gurugrambhiwadineemrana corridor on nh48 as indias oldest auto cluster noidagreater noidayamuna expressway has become an electronics manufacturing corridor bengaluru is indias silicon valley in tamil nadu chennai city as well as tirupatichennainellore the tricity industrial corridor figure in the list advt ahmedabad is emerging as an auto hub while hyderabad is fostering new innovations in manufacturing sector vadodara bharuchankleshwar is known for power engineering and chemicals cluster india stands at the pedestal of a new growth curve of rapid industrialisation in the covid19 pandemic scenario india has projected a more resilient and diversified economy to fight the crisis and projected as a major attractive destination the report said as multinationals rethink their sourcing plans and reorganise supply chains india is one of the most viable locations for business continuity plans bcp it added india on account of its large domestic market and low cost production base is wellpositioned to host new investments various sectors these include textiles and apparels electronics and consumer appliances pharmaceuticals automobiles and components capital goods electrical machinery footwear and leather products chemicals and petrochemicals food processing plastic products telecom equipment among others it added pti published on may 21 2020 at 0748 am ist telegram facebook copy link be the first one to comment comment now comments comment now read comment 1 all comments post post find this comment offensive choose your reason below and click on the submit button this will alert our moderators to take actions reasons for reporting foul