Billionaire Mukesh Ambani's firm on Tuesday, in a statement said a Model Economic Township Limited (MET City), a wholly owned subsidiary of Reliance Industries Limited (RIL) is developing a world class Greenfield Smart City near Gurugram, Haryana.
Four Japanese companies are working on mega project
One of the four Japanese companies that are to be situated in a smart city being developed by an arm of Reliance Industries Ltd near Gurugram, has done ground-breaking for a medical devices unit.
MET City is a Japan Industrial Township (JIT) and houses four leading Japanese companies in its integrated industrial township.
"Nihon Kohden, one of the 4 Japanese companies and manufacturer of medical devices, recently did a ground-breaking ceremony on their plot at MET City," it said.
"This facility of Nihon Kohden will be their largest manufacturing facility in India, and it will further enhance the position of MET City as a leading location for setting up companies in Haryana and North India." Panasonic, Denso and T-Suzuki are other Japanese companies in MET City.
What MET City offers
On the occasion of this ground-breaking ceremony, S V Goyal, CEO, MET City, said, "With 400+ industrial customers, walk-to-work masterplan and world-class infrastructure, MET City today is one of the fastest growing greenfield smart city in North India."
"Being a Japan Industrial Township, we are very happy to have more Japanese companies coming to us and selecting MET City as their partner in India.
The plug-n-play infrastructure of MET City is an added advantage for any company coming to us for their requirement," he added.
Vaibhav Mittal, Vice President and Head Business Development, MET City, said attempts will be made to get more and more Japanese companies to MET City and make it one of the most sought-after business cities of North India.
Kentaro Kusano, Managing Director, Nihon Kohden India Pvt Ltd, said the new 8,900 square metres haematology analyser reagent factory will be built on 16,135 square metres of land will be almost four times bigger than the firm's current factory in Gujarat.
"This facility marks an important milestone for our commitment to growing our business in India and positions Nihon Kohden well to achieve our vision for India – to be a trusted partner and provider to improve healthcare in the country," he said.
MET City (METL) is a 100 per cent subsidiary of Reliance, which is developing a world-class greenfield smart city on over 8,000 acres land in Jhajjar near Gurugram in Haryana.
The project has already seen completion of trunk infrastructure comprising power infrastructure including 220 KV substation developed by MET City, water treatment plant, water distribution network, wide road network and extensive landscaping.
Also Read: Reliance India's best employer; in top 20 worldwide: Forbes