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Mahindra Lifespace Developers, an arm of the Mahindra Group and International Finance Corporation(IFC),the World Bank Group member partners for developing multiple industrial parks in Gujarat, Rajasthan and Maharashtra.
The partnership includes investment in Mahindra Lifespace Developer’s existing and upcoming industrial park projects,with its first investment in an approx 350 acre industrial park in Ahemdabad.
As stated by Jun Zhang,IFC Country Head for India,”Industrial parks or special economic zones are globally recognized as engines for economic growth and development. Development of these parks will attract private investments and provide a fillip to several flagship initiatives of the government of India and create jobs.”
