South Korean hydraulic engineering component manufacturer, Aju Tech Private Limited is all set to build their manufacturing facility at Khed City, Pune.
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Pella & Carta, the automotive component manufacturer from Italy, signed a MoU with Khed city to set up their genuine leather manufacturing unit.
Recently, the World Bank released its â€˜Doing Business Reportâ€™ for 2019. According to the findings, India had escalated 23 positions against its rank of 100 in 2017 to be placed now at 77th among the 190 countries shortlisted by the World Bank.
The rise of automobile manufacturing units and component suppliers that populate the landscape of outer Pune, particularly Pimpri-Chinchwad, Chakan and Talegaon areas have increasingly earned the label of being the â€˜Detroit of Indiaâ€™ and it continues to draw interest and attract investments.
Khed City, one of Indiaâ€™s emerging Industrial cities, is located in the picturesque landscapes of Pune. It has reportedly seen rise in the number of foreign investments within a short span of time. So what makes Khed city one of the most sought after destinations for International brands? Here are 8 possible reasons foreign companies find it profitable to invest in Khed City.
In the last two decades or so, Pune has seen a virtual transformation. Evolving from a charming laid-back town that offered stressed Mumbaikars a pleasant weekend getaway to a mini metro bustling with industrial activity. Puneâ€™s industrial area has seen a major wave of change.