Navi Mumbai: A Booming IT Hub on the Rise
Navi Mumbai, a planned satellite city of Mumbai, is home to a number of industrial sectors that play an important role in the economic growth of the region.
TTC industrial area stands out as a thriving production center. This blog post will take you on a virtual tour of the TTC industrial area in Navi Mumbai, giving an insight into its importance, major industries, infrastructure and future prospects.
Strategic Location and Connectivity:
Navi Mumbai’s beneficial location, close to Mumbai, would give the IT industry many advantages. It provides easy access to major domestic and international markets, and the presence of airports, seaports and excellent connectivity through railways and highways facilitate smooth business operations. The well-planned infrastructure of the city further increases the attractiveness of IT companies.
Favorable Business Environment:
The Navi Mumbai administration, headed by the Navi Mumbai Municipal Corporation (NMMC), has taken proactive measures to create a conducive business environment for the IT sector. The Maharashtra Industrial Development Corporation (MIDC) has set up IT parks and Special Economic Zones (SEZs) with modern facilities processes, attracting both established companies and startups.
Growing IT Infrastructure:
Navi Mumbai has state-of-the-art IT infrastructure to meet the evolving needs of the industry. IT parks like Millennium Business Park, Airoli Knowledge Park and Mindspace Airoli, Ghansoli and Juinagar provide world class office space and facilities to IT companies.
The park is also equipped with robust internet connectivity, power backup system and other essential facilities required for smooth IT operations.
Presence of Major IT Companies:
Many reputed IT companies have established their presence in Navi Mumbai, contributing to its growth as an IT hub. Multinational corporations, software development firms and IT service providers have set up offices and development centers here, recognizing the city’s potential. The presence itself creates a collaborative ecosystem and opens up opportunities for networking, skill development and knowledge sharing
Skilled Workforce:
Navi Mumbai would be an advantage for a cluster of skilled IT professionals. The presence of educational institutions including engineering and computer science colleges has played an important role in nurturing a talented workforce. Cities near Mumbai, known as the financial capital of India, also attract skilled professionals seeking IT career opportunities.
Future Prospects:
The future of information technology development in Navi Mumbai looks promising. Government’s target on digitization, initiatives like Digital India campaign and increasing demand for IT services in all industries are expected to increase further. Navi Mumbai’s planned development and availability of affordable real estate provide ample opportunities for IT companies to expand their operations and establish a strong presence in the city
Conclusion:
Navi Mumbai’s growth as an IT hub is a testimony to its strategic advantages and proactive efforts by the government and industry players. The city’s location, connectivity, conducive business environment, IT infrastructure and skilled workforce have collectively contributed to its growth. As the IT sector continues to grow and thrive, Navi Mumbai is set to become a significant player in India’s IT landscape, attracting investments, creating jobs and fueling technological innovation
Sushant Bhilare, +91 981 999 2310
Midcwala Services Pvt. Ltd.
www.midcwala.com
www.midcconsultant.com
