AURIC Smart City projects to generate 62,405 jobs, Rs 71,343 cr investment potential: Govt

New Delhi: The Bidkin Industrial Area has attracted marquee investments worth Rs 76,219 crore, including Ather Energy, Lubrizol, Toyota Kirloskar and JSW Green Mobility, with an employment potential of above 35,000+ jobs, the government said Sunday on the six years of AURIC Smart City (Shendra-Bidkin Industrial Area).

Similarly, South Korea’s Hyosung, the UK’s Perkins, Japan’s Fuji Silvertech, Russia’s NLMK, Germany’s Siemens, the US’ Kohler, and India’s Coatall Films, Endurance Complete Solutions and Detpak, are among the key investors in Shendra Industrial Area with the area having attracted investments of Rs 6,096 crore, generating 14,455 jobs.

“Industrial land in AURIC is almost fully allotted, underscoring investor trust in its infrastructure and policy framework,” the commerce and industry ministry said in a statement, adding that office space rents at AURIC have been reduced to Rs 25 per square feet from Rs 50 for MSMEs, which is a a 50% cut effective April 1, 2025.

In six years, 323 plots have been allotted across industrial and mixed-use categories, covering 3,029 acres of industrial land and 117 acres of mixed-use land. The total investment potential stands at over Rs 71,343 crore, with an employment potential of 62,405 jobs (Direct & Indirect).

At present, 78 units are operational, 62 factories are under construction, and 184 units are preparing to begin construction,

As per the statement, plots have been allotted to 135 MSMEs, 17 large-scale projects, and 16 non-MSMEs in Shendra Industrial Area while plots have been allotted to 49 MSMEs and 27 large-scale projects, and 4 non-MSMEs in Bidkin Industrial Area drawing world-class companies across automobiles, EVs, polymers and engineering, earning others.