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India's rapid economic growth, fueled by urbanization and initiatives like Make in India and Digital India, has sparked the rise of business parks, especially in Tier-2 and Tier-3 cities. These hubs cater to various industries while focusing on sustainability and green practices. GMI Infra, led by Mohit Bansal, is driving this transformation with projects such as the GMI Business Park and GMI IT Tower in Mohali.
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The Rise of Business Parks in India: GMI Infra Leading the Charge India’s economy has been on a remarkable rise, recently becoming the 5th largest economy globally. With projections pointing towards India soon securing the position of the 3rd largest economy, several key factors have driven this growth. Beyond the economic reforms,
urbanization has played a central role in this rapid development, significantly increasing the demand for infrastructure, housing, and business services. This economic boom, combined with technological advancements, has opened new doors for the rise of business parks across the nation. Government initiatives like Make in India and Digital India are fueling this growth by supporting domestic manufacturing and ensuring digital accessibility even in the remotest corners of the country. This has, in turn, made India an attractive destination for both national and international investments. The government's recent budget allocation of INR 2,500 crore towards building ready-to-use industrial areas further accelerates this transition, providing a catalyst for the expansion of business parks. The Boom of Business Parks Across India One of the most promising developments in recent years has been the rise of business parks across Tier-2 and Tier-3 cities. These business parks offer integrated facilities for diverse businesses and are perfectly positioned to support the growth of modern industries. As global companies pivot and diversify their supply chains post-COVID-19, the demand for such multi-functional parks has surged. Additionally, these business parks are being designed with sustainability in mind, incorporating green building certifications and decarbonization efforts to align with global environmental standards. For example, Mohali stands out as one of the fastest-growing cities attracting major businesses. The GMADA Aerotropolis, an ambitious 5,500-acre project, is a prime example of the shift towards these modern, integrated business environments. Situated in close proximity to the International Airport, this project connects multiple businesses with ease and promises ample opportunities. With IT giants like Infosys, NetSmartz Technologies, and HDFC Bank already operational in the region, Mohali is becoming a hub for innovation and business growth. The area's proximity to top educational institutions like Plaksha University and IISER Mohali further strengthens its position as an ideal location for businesses seeking to tap into a talented workforce. GMI Infra: At the Forefront of Infrastructure Development A major player in this landscape is GMI Infra, a company driving the development of business parks in some of India’s most promising regions. With projects like GMI Business Park in Sector 102-A and the GMI IT Tower in Sector 83-A, Mohali, the company is setting new standards in infrastructure development. What sets GMI Infra apart is its commitment to sustainability and decarbonization—integrating these principles not only as a regulatory requirement but as part of the company’s core philosophy. Mohit Bansal, the visionary Founder & CEO of GMI Infra, is the force behind the company’s rapid growth and forward-thinking approach. After completing dual degrees from the State University of New York, Mohit could have settled in the United States for a comfortable life, but he chose to return to India with a clear vision: to contribute to the development of his home
country. His dream of a developed India drives the company’s mission of creating world-class infrastructure solutions that cater to modern business needs while ensuring environmental responsibility. Mohit’s ambitious goal is to develop 10 IT parks across the northern and eastern regions of India by 2030, positioning GMI Infra as a key player in India’s infrastructure evolution. A Sustainable Future Sustainability is not just an afterthought at GMI Infra; it’s part of the company’s DNA. GMI Infra’s upcoming residential and commercial projects will include eco-friendly features like vertical gardening, water conservation systems, and LEED and IGBC certifications for its IT parks and business facilities. The company is committed to ensuring that as urbanization accelerates, it does so in a way that minimizes the environmental impact and promotes sustainable growth for future generations. As India continues to expand its business parks, especially in Tier-2 and Tier-3 cities, it is crucial that sustainability remains at the forefront of development. Business leaders need to integrate green practices into their projects, ensuring that these urbanization efforts offer economic benefits, job opportunities, and a healthier environment for all citizens. Looking Ahead The future of business parks in India is bright, with a growing focus on sustainable development and modern infrastructure. Companies like GMI Infra are paving the way for this transformation, creating environments where businesses can thrive and contribute to India’s path toward becoming a fully developed nation. Under the leadership of Mohit Bansal Chandigarh GMI Infra is poised to continue its mission of developing innovative infrastructure projects, ensuring that each development is not only functional but also eco-friendly. As the demand for business parks continues to rise across the country, GMI Infra’s vision will be central to India’s urbanization and economic growth. Contact Information: For more information about GMI Infra and their ongoing and upcoming projects, please reach out: Phone: +91 82976 70000 Email: contact@gmiinfra.com Corporate Office: SCO 2A, First Floor, Madhya Marg, Sector 7-C, Chandigarh, 160019