Mascot Group to Build Mega Industrial City on Former Honda Land
In a move that could reshape Gujarat’s industrial future, Mascot Group has acquired a massive 380-acre land parcel in Vithalapur, once owned by Honda Cars India Ltd (HCIL). This significant land transaction, finalized in April 2023, marks Honda’s official exit from the Vithalapur site, as the company consolidates operations around its existing facilities in Tapukara, Rajasthan and Greater Noida.
Originally earmarked for manufacturing expansion, the land was later identified as surplus by Honda, given its current capacities. However, the company reiterated its future plans for India, including “upcoming model launches and electric vehicle initiatives up to 2030,” affirming its continued interest in the Indian market.
Taking over the reins, Mascot Group is now set to create an integrated industrial township—its most ambitious venture yet. This modern industrial ecosystem will feature 31 towers with five floors each, aiming to accommodate over 12,000 workers. Beyond just factories, the blueprint includes residential complexes, worker dormitories, a school, food courts, and a range of lifestyle amenities. It’s a bold step toward building not just infrastructure, but a self-reliant industrial society.
According to Sanjay Patel, Director at Mascot Group, “the site is already attracting attention from multinational companies keen to establish operations in the Vithalapur-Bechraji belt,” an area that’s quickly evolving into a high-potential industrial corridor.
The location is already bustling with some of India’s most influential automotive giants—Tata Motors, Maruti Suzuki, Hero MotoCorp, MG Motor, Honda Motorcycles, and others. With this development, the region’s transformation into a premier manufacturing destination seems inevitable.
Industry watchers suggest that this strategic land shift could become a catalyst for auto component and engineering firms looking to anchor themselves in Gujarat. As legal processes near completion, construction and execution are set to begin shortly.
The Mascot-Honda deal isn’t just about land—it’s about vision. Mascot Group brings dawn of a new era where infrastructure meets imagination, and Gujarat continues to rise as a beacon for industrial evolution.
Also read: Viksit Workforce for a Viksit Bharat
Do Follow: The Mainstream formerly known as CIO News LinkedIn Account | The Mainstream formerly known as CIO News Facebook | The Mainstream formerly known as CIO News Youtube | The Mainstream formerly known as CIO News Twitter |The Mainstream formerly known as CIO News Whatsapp Channel | The Mainstream formerly known as CIO News Instagram
About us:
The Mainstream formerly known as CIO News is a premier platform dedicated to delivering latest news, updates, and insights from the tech industry. With its strong foundation of intellectual property and thought leadership, the platform is well-positioned to stay ahead of the curve and lead conversations about how technology shapes our world. From its early days as CIO News to its rebranding as The Mainstream on November 28, 2024, it has been expanding its global reach, targeting key markets in the Middle East & Africa, ASEAN, the USA, and the UK. The Mainstream is a vision to put technology at the center of every conversation, inspiring professionals and organizations to embrace the future of tech.
