Technology and trade are binding the world together. Globalization over the last few decades has pulled many nations out of poverty. Industrialization has propelled few countries as international powerhouses. KIMC is envisioned to help the global companies to take advantage of access to large domestic and export market, low cost labor, strategic geographic location and bring prosperity to communities.
POWER
WATER
ROAD
FACILITIES
India is your next manufacturing destination. With the concept of Think global, act local, trade ‘glocal’, India has a great advantage with its large internal market, strategic location for exports, and a flourishing corporate sector. The changes in global environment are going to propel the growth trajectory for India in the next few decades to come.
Many global firms are looking to diversify their production
bases, and take advantage of geographic locations of the
markets they serve. The focus is to bring in flexibility into the
supply chains and also benefit from the policy offerings.
Several global corporations in the automotive, electronics,
engineering, food processing, chemicals and healthcare
sectors have set up large manufacturing operations in India.
India has gained in its ranking from 142 in 2014 to 63 in 2019 in Ease of Doing Business. It achieved climbed 79 spots in the last 5 years
Single window for company formation
Fast track approval for construction permits
Indian Customs Single Window Project
Commercial Courts and Appellate Division of High Courts
Insolvency and Bankruptcy Code 2016 for resolving insolvency
This is a model in which products manufactured in the Smart KIMC area with a global network are exported to other countries. Manufacturers based in the Smart KIMC area can take advantage of the FTAs between India and each of the countries and ship their products overseas without the tariff burden.
This is a model that exports finished products to one's own country or other countries with great reliability as goods "Make in India" with world-class manufacturing, processing, storage, testing and certification capabilities. The reverse export business model by Asian manufacturers high preference, reliability, and customer satisfaction associated with goods Made by Korean and Japan companies in India.
This is a model that targets the global market by investing in business optimized for the Smart KIMC area such as Electronics and accumulating related know-how. If investors successfully run their business and accumulate relevant know-how, they will be able to compete successfully.
India has been consistently engaging at the regional and unilateral level across all the regions to increase economic cohesion. These agreements are complimentary to WTO based negotiations. These agreements aim at trade creation and trade diversification.
India has Free trade agreements with major blocks. There are also trade negotiations with US and EU.
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