Growth Multiplier
With the 3 pillars, which comprise of Infrastructure, Hardware, and Software, the MOX ecosystem addresses the different challenges faced by technology based companies, and provides them with access galore to skilled human resources and enabling synergies.
Major catalyst for infrastructure growth
Generates huge employment opportunities
Opens new investment opportunities
Has a multiplier effect value chain involved in production distribution
Boosts reality sector heavy commercial activities of different business clusters
Support planned growth and improve overall life quality
Positive Synergies
MOX, the mobile industry experts will be able to establish a strong base in the Greater Noida region and enjoy all the facilities required for a successful operation.
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Creating strong infrastructure
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FDI Strategy
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Policy Support
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Support Learning Networks
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Information & Communication Networks
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Cluster Technology Centres
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Skill Development
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Cluster Promotion
CREATING A DOMINO EFFECT
whenever a cluster is developed, it unleashes a chain reaction that gives impetus to other sectors that are in association with or related to the primary sector in the cluster. As the growth curve is exponential in the initial phase of the development of a cluster, the chain reaction effect gets multiplied. For example, the success of the IThub in Bangalore has brought prosperity to other sectors so much so that the city is now a mixed cluster of a variety of industries, including biotechnology. Similarly, transportation, healthcare, and the education sectors also witness. significant growth that gets pushed by the overall growth. Supported by government initiatives, strategic location, and the meteoric growth of mobile industry, MOX is one of the most promising cluster developments of the current times.
Case studies
When analyzing the success stories of business sectors in India and around the world, one striking fact that comes to the fore is that innovation and competitive success in these sectors are geographically concentrated in clusters. MOX CLUSTER ushers the development wave of growth in the nucleus of the mobile and telecommunication growth in India.
Bangalore’s ICT Cluster
HISTORY
Bangalore’s ICT Cluster began as a way to provide low-cost software workers and services to large multinational companies like Microsoft, Hewlett Packard, and Cisco, who established facilities in the region between 1985 and 1996.
EMPLOYMENT GENERATION
Nearly 48% of the MNC R&D workforce in India reside in Bangalore. By 2032, it is expected to bring in investments of over $20 billion, and create 3 million direct and indirect jobs .
IMPACT ON GDP
Bangalore contributes up to 38% of India’s total IT Exports amounting to approximately $45 billion.
IMPACT ON REAL ESTATE
Bangalore's investment grade office stock grew exponentially from less than 20 million sq. ft. in the early 2000s to 127 million sq. ft. In 2015. Currently it has the highest value of REIT-eligible stock at $12.3 billion to $15 billion.
Surat Diamond and Textile
HISTORY
The first known diamond cutting factory was established in 1938 with 65 workers. In the 70s, the cluster exported to the U.S. for the first time and was estimated to have around 1,200 cottage units providing employment to about 20,000 workers.
EMPLOYMENT GENERATION
Surat saw a 24% increase in job generation in FY 2013-14. The Diamond Cluster employs over half a million people . The Textile Cluster : 11 Lakh (1.1 million people).
IMPACT ON GDP
Surat ranked 8th in India with a GDP of $40 billion in fiscal year 2011–2012 ($14 billion in 2010). Surat GDP in 2020 will be around $57 billion.
IMPACT ON REAL ESTATE
Surat has registered huge investments in commercial property over the last couple of years . The government of Gujarat has planned Diamond Research And Mercantile City (DREAM) project near Surat similar to Gujarat International Finance Tec-City (GIFT).
Gurgaon-Manesar Industrial Cluster
HISTORY
Spurred by the Manufacturing unit set up by Maruti Suzuki Private in the 1970s, currently Gurugram has a presence of about 250 or 50% of the Fortune 500 companies.
EMPLOYMENT GENERATION
People were employed by over five times, i.e. from about 6% in 1991 to about 32% in 2013. IMT Manesar has more than 800 MNCs and employs more than 1 lakh people.
IMPACT ON GDP
Gurgaon accounted for almost 70% of the total investments — worth Rs. five lakh crore — attracted by Haryana till the last fiscal year (2014-15).
IMPACT ON REAL ESTATE
Commercial rental prices in Gurgaon have shot up by almost 30%—the highest in the country. In 2015, prices in Gurgaon’s DLF Cyber City and the institutional sectors also went up by 22% and 24%, respectively.
Silicon Valley
HISTORY
Silicon Valley started in the 1970s and 80s with the introduction of IBM in the region. Today, it has the highest concentration of high-tech workers of any metropolitan area, with 285.9 out of every 1,000 private-sector workers. Silicon Valley has the highest average high-tech salary at $144,800.
EMPLOYMENT GENERATION
Silicon Valley is the third largest high-tech center in the United States with over 387,000 high-tech jobs.
IMPACT ON GDP
The region is the biggest high-tech manufacturing center in the United States. Silicon Valley received 41% of all U.S. venture investment in 2011, and 46% in 2012.
IMPACT ON REAL ESTATE
The home of Apple's corporate headquarters Silicon Valley has seen its fortunes rise, from a once-modest suburban into one of the most expensive properties in the entire country.
Hollywood
HISTORY
For almost a century, the Los Angeles area has led the world motion picture production accounting for two thirds of the total revenue, which was generated by US based movie production companies.
EMPLOYMENT GENERATION
Creative Economy of Los Angeles Region is one of the largest business sectors in the region accounting for nearly 1 million direct and indirect jobs in LA and Orange counties, and more than USD 3.8 billion in state tax revenues.
IMPACT ON GDP
Los Angeles creative industries, including entertainment, visual arts, fashion and publishing, generated $293.8 billion for California's economy in 2014.
IMPACT ON REAL ESTATE
The 1890s and the first decade of the twentieth century were highlighted by the construction of key city-building projects. The real estate speculations of the early part of the century transformed Los Angeles from a small West Coast town into a large metropolis.
Shenzhen Services Cluster
HISTORY
Shenzhen (China), SEZ is a combination of a SEZ and a collection of Clusters. It was one of the earliest and the most successful Chinese SEZ during last 30 years.
IMPACT ON GDP
In 2016, Shenzhen's GDP totaled $294 billion. Its total economic output is higher than that of Portugal, the Republic of Ireland, and Vietnam.
IMPACT ON REAL ESTATE
In the 1970s, Shenzhen was a small fishing village, population 30k, on the narrow river across from Hong Kong. The establishment of the SEZ in late 1979 led to the development of Shenzhen's modern cityscape and vibrant economy. Today Shenzhen’s rapidly growing skyline is regarded amongst the best in the world. It currently has 59 buildings at over 200 meters tall, including the 599m tall Ping An Finance Centre (the 4th tallest building in the world).
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