Renaissance Industrial Smart City is MIDC’s First 100% Legal integrated Industrial Park. Strategically located in Bhiwandi-Mumbai, it is spread across 404 acres, of which Phase 1 comprising 130 acres is already under development.
Renaissance Industrial Smart City is intelligently designed, taking into consideration the Smart City - India way model providing infrastructure and support for smart & efficient manufacturing as well as living. The model consists of 7 layers including Core Product, Facilities Supporting Manufacturing & Living, Services for Smart Manufacturing & Efficient Living, Infra & External Ecosystem, Cluster Specific Common Facility Centers, 6 Components of Smart City and Operation & Maintenance Framework.
Here, established and growing businesses from textile, manufacturing, assembling, food processing and packaging sector and small and medium enterprises stand to benefit from the various subsidies given by Central and State Governments, amounting to 40-60% refund on investment.