KHED CITY is one of India’s largest integrated development projects envisaged on the outskirts of Pune in western India. Spread over 4500 hectares in Khed and Shirur talukas of Pune District, KHED CITY is being developed by Khed Economic Infrastructure Pvt. Ltd. (KEIPL), a joint venture of the Kalyani Group and Maharashtra Industrial Development Corporation (MIDC).
Planned as a 4500 hectare project with 1705 hectares being developed in the first phase, KHED CITY is a well-planned city having:
The Project is expected to attract investments of about Rs. 25,000 crore and generate 120,000 new employment opportunities.
It will cater to world-class domestic and foreign companies in automotive, auto components, engineering, information technology, BPO, biotechnology, textiles, food & agro processing, electrical, electronics, plastics, pharmaceuticals, logistics, etc.
The SEZ has been notified by the Board of Approval, Ministry of Commerce, Govt. of India.
Kalyani Group with an annual turnover of US$ 2.4 Billion is among the foremost industrial houses in India and an Indian MNC. Its Flagship Company Bharat Forge Ltd., has its manufacturing footprint in 5 countries and 11 locations across the globe. Established in 1960's, the Kalyani Group has over 10000 employees at 11 locations across the US Europe, India & China. The Kalyani Group is an Engineering major known for its technological advances, in Engineering steel, Forgings for Auto & Non Auto applications and niche presence in Chemicals, Renewable energy & Infrastructure sectors. Kalyani Group has Joint ventures with FAW Corporation(China), Arvin Meritor(USA), Carpenter Tech(USA),Hayes Lemmerz(USA), Gerdau SA(Brazil) and supplies to top notch manufacturers of the world in the automotive, railways, energy, construction equipment, oil & gas and other industrial sectors.
MIDC, is one of the arms of Maharashtra State Government with a mandate for industrial development in the state. Broad scope of MIDC functioning includes
a) identifying and acquiring land for industrial development
b) creating and providing industrial infrastructure
c) advisory role for industrial development in the state