Friday, 13 January 2017

Mahindra Lifespace to develop Rs 3,000 cr ind park in Gujarat

Mahindra group's realty firm Mahindra Lifespace Developers announced its foray in Gujarat and will develop a 350-acre industrial park near Ahmedabad that could entail an investment of Rs 3,000 crore from the company and units to be established. 

The company has signed an MoU with the Gujarat government in this regard and the proposed industrial park is expected to create direct and indirect employment for about 12,000 persons, when fully operational, Mahindra Lifespace said in a statement.

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