In the past few decades agriculture has attained its potential driver for economic growth in Punjab.
In the last few years however, Punjab has been at the forefront with its promising ‘Invest in Punjab’ industrial policy due to many benefits for the industrial investors.
Punjab has emerged as a hub for enterprises at a micro, small, and medium level, especially in industrial manufacturing, textile, and retail. The engineering sector lone has grown more than 16%, whilst contributing 23% to the total industrial output of the state.
Mohali (S A S Nagar) has emerged as one of northern India's most successful economic, and industrial hubs as it boasts of unmatched infrastructure that supports development at fast pace.
Mohali has witnessed landmark developments across the board - from the presence of educational epicentres like the Indian School of Business along with the Indian Institute of Science Education and Research, global retail hubs like Walmart and Decathlon, industrial titans like Swaraj Mazda and Godrej, SaaS leaders like Quark, Infosys, Google, and Dell, along with pharmaceutical giants like Sun Pharma and Torque Pharmaceuticals.
Royale Group has planned The MIEZ - Mohali Industrial Economic Zone to create a landmark destination that encourages enterprises - new and old, to expand their horizons with larger goals.
MIEZ is an outcome of exhaustive planning by the Founders of Royale Group, leading industrial houses and policy makers. It will be based on the integrated development principle – live, work and play to have the bestin-class infrastructure is the need of
the hour and is being shaped up for all industries looking to set up businesses on the Banur-Tepla road.
The Mohali Industrial Economic Zone will be spread across 250 acres with potential of generating over 50,000 jobs in skilled and unskilled categories for the regional population.
The project will also planned to generate an estimated INR 320/- Crores in the form of annual GST revenue for the Punjab state, following projected initial injection of INR 9,500/- Crores as investment.
Total Area of The Project
Annual GST Revenue for Punjab State
In Skilled & Unskilled Categories
Initial
Investment
The first private industrial zone having RED ZONE CATEGORY industries in MOHALI region.
The first private industrial zone having red zone CATEGORY industries in MOHALI region. MIEZ is a huge private industrial park in Mohali region having approval for setting up a Free Zone for all kind of industrial setups including Red Zone category industries.
Red Zone industrial category –
The Red zone Industries has high pollution index score of 60 making investors seeking right kind of approved environment to set up their industries.
So, MIEZ will provide nearest platform for Red Zone industries.
Oil Refinery, Pulp & Paper, Power Generation Plant, Automobile Manufacturing, Fibre Glass Production, E-Waste Recycle, Cement Industry.
MIEZ will be a haven for almost all kind of industries falling under:
Promoters has planned to setup a Composite Effluent Treatment Plant which will serve common to all. This sustainable feature of this project will considerably reduce the setup cost for any manufacturing plant.
Royale Group take environmental preservation seriously, with every project comes sustainable consciousness and MIEZ is no exception. Photovoltaic panelling, eco-conscious choices and the extension of green space are some of the sustainable choices the development will adopt.
Construction Support
Bank Loan and Funding
Govt. Department Liaisons
Sanctions & Approvals Subsidies applications
Connections Logistics Support
Skill Development Centre
Concrete Roads*
Dispensary
Various Kind of Connections & other as required from time to time
Crèche
There are various featured benefits of investing in Royale Group’s MIEZ, also there are many more benefits from Govt. of Punjab and Central government
There is an exhaustive list of benefits by Govt. of Punjab for all kind of investors promoting industry and relevant services supporting sustainability. Investing at MIEZ also comes under the purview of Invest in Punjab and all its benefits.
Even all the benefits granted by Ministry of Micro, Small and Medium Enterprises are also applicable for all investors coming to MIEZ. Major benefits under MSME are:
Royale Group, a trusted name in the realty sector for more than last 2 decades in Chandigarh Capital Region as it has played a pioneer role in the growth of the suburb especially Zirakpur through its meticulous planning and timely execution. The group has achieved a high trust value among its investors and customers. As far as developing real estate is concerned Royale Group has completed 20+ real estate projects (residential and commercial) covering to the tune of 17 million Sqft of area with 10+ ongoing projects. The presence in United Kingdom from the last decade where 10 residential projects completed and 5 more are ongoing.
Group is diversified to other business categories like Rice Mills, Warehousing, Hospitality, Education, Food & Beverages and achieving high targets in these industries as well
