India’s next wave of economic expansion may not emerge from its crowded megacities, but from a series of large, interconnected industrial corridors now taking shape across the country’s northern belt. Among the most ambitious of these efforts is the infrastructure platform being built by Mohit Bansal, CEO of GreyMarble Infra Pvt. Ltd. (GMI Infra), a privately led initiative that industry observers increasingly describe as one of India’s most significant long-term development bets.
Launched in 2018, GMI Infra has rapidly evolved into a multi-dimensional infrastructure developer with a footprint spanning IT parks, integrated business districts, residential developments and large-scale logistics and free-trade-aligned zones. Together, these assets form a unified growth framework designed to support manufacturing, technology, trade and urban living—an approach that mirrors the scale and complexity of nation-building infrastructure rather than conventional real estate development.
At the centre of this strategy is the upcoming GMI Logistics Park, a project positioned as a cornerstone of North India’s industrial future. Envisioned as a high-capacity logistics and trade hub, the development is expected to significantly enhance supply-chain efficiency, attract export-oriented manufacturing and improve India’s connectivity to global markets. By integrating logistics with technology parks and business zones, GMI Infra is creating a seamless industrial ecosystem that links production directly with distribution and global trade.
The timing of this expansion is deliberate. As global companies reconfigure supply chains and governments prioritise resilient trade infrastructure, logistics parks and free trade zones are emerging as critical national assets. GMI Infra’s model reflects this shift, aligning private capital with long-term economic priorities and positioning North India as a competitive alternative to established industrial clusters.
Yet the scale of the initiative extends beyond physical infrastructure. Bansal has consistently argued that industrial growth depends equally on entrepreneurial capacity. At The Rise 2025 in Chandigarh, hosted by SMB Connect, he highlighted the growing role of MSMEs, D2C brands and grassroots founders in driving India’s next decade of growth. He emphasised that alongside roads, parks and logistics hubs, founders require an “invisible infrastructure” of mentorship, market access, patient capital and low-risk environments in which to experiment.
Events such as The Rise, Bansal noted, play a vital role in building this ecosystem by connecting entrepreneurs with investors, mentors and decision-makers. Speaking from his experience as both a real estate developer and an investor, he observed that when founders are supported by the right environment, they do more than build companies—they build global confidence in India’s ability to innovate at scale. He also expressed his appreciation for SMB Connect’s efforts to recognise emerging entrepreneurs and reaffirmed his commitment to supporting founders who scale with discipline and long-term vision.
Educated in Computer Science and Applied Mathematics at the State University of New York, Bansal returned to India with a conviction that the country’s most transformative projects would be built outside its traditional power centres. Establishing operations in Chandigarh and Mohali, he has leveraged regional planning, talent availability and connectivity to anchor what is now emerging as a major industrial growth zone.
GMI Infra is currently developing several landmark projects, including a 90-acre integrated business park, expansive free trade and logistics zones, and a growing network of IT campuses. The company’s stated objective—to develop 10 IT parks across North and East India by 2030—underscores the national scale of its ambition.
As India seeks growth that is resilient, export-oriented and inclusive, projects of this magnitude are becoming increasingly central to its economic strategy. What GMI Infra is building in North India is not simply infrastructure—it is a private-sector blueprint for how industrial capacity, entrepreneurship and global competitiveness can be developed together.
If successful, the corridors now taking shape under Mohit Bansal’s leadership could stand alongside India’s most consequential development initiatives—reshaping how and where the country grows in the decades ahead.
