Hira Industries, Hira Group, a pioneer, a leader, which caters to industrial segments across MENA such as HVAC, MEP, Civil Construction, Infrastructure, Aluminium, Glass, Marine, commercial, residential and industrial projects decided to expand their operations in Khed City, Pune. MoU has been signed between Khed City and Hira Industries in Oct. 2017. This facility will manufacture XLPE and NBR insulation foam. Hira Industries already have once facility in Khed City and this will be the second facility.
Category Archives: News
Another multinational company has planned to build its manufacturing facility at Khed City, Pune. Korean technology company AutoGen has signed a Memorandum of Understanding with Khed City in the month of March. It is one of the most significant alliances in the Indian automotive industry.
The state-of-the-art manufacturing plant is spread over an area of 16,000 square meters. AutoGen plans to commence the construction of the factory in the next couple of months. Khed City’s world-class infrastructure is ideal for a company like AutoGen. Spread over a mammoth 4200 acres, Khed City is an emerging smart industrial city offering the best-in-class infrastructure. It is designed to maximise the potential of established as well as emerging businesses. The excellent connectivity gives an edge to companies. Khed City encompasses residential, entertainment and educational facilities ensuring high quality of life for the people working and living here.
As Pune is an established automotive hub, the management at AutoGen is confident of forging several partnerships in the next few months. It is already supplying hot stamping parts to Mahindra & Mahindra since 2014. From the year 2018, AutoGen plans to deliver the parts to (M&M) from its local plant in India.The reason AutoGen is grabbing attention can be attributed to the fact that it would become the first localized automotive component supplier for M&M.
As a company that believes in cutting-edge technology, AutoGen intends to offer incomparable products to its clients. Hot Stamping (also known as hot press forming) is an advanced technology which produces ultra-high strength steel ensuring high safety in the event of a vehicle collision and weight reduction for high fuel efficiency. The high strength steel is formed into complex shapes by high temperature heating about 900 °C and subsequent rapid cooling in a press forming process.
Industrial equipment supplier “ Steam Controls” is all set to open up its new plant at Khed City. The sublease deed between KEIPL & SC has been signed on 10.6.16. The new plant will manufacture water level indicators, controllers and special valves for boilers to start with.Read More
Khed City is soon becoming a hub of industries from the Engineering sector. After various domestic & multinational industrial houses like Linhoff India, SVIL Automation, Progressive Tool Works (and many more) already having invested here, comes yet another investment from Excellent Engineers. Excellent Engineers is a Pune based engineering company and the plant at Khed City will be an extension to their existing business.Read More
Hyosung T&D India Private limited a subsidiary of the South Korean major Hyosung Corporation has selectively zeroed on Khed City near Pune, Maharashtra to set up its green-field manufacturing facility in India adhering to India Governments new national program Make in India.
The company will produce high voltage gas insulated switchgears and related accessories using state of art technology for domestic markets & thus contributing in enhancement of the electrical transmission efficiency and reliability. Hyosung has leased about 14 acres of land to set up its project and plan to go in production by June, 2016.
Khed City has been promoted by Khed Economic Infrastructure Limited (KEIPL), a joint venture between Maharashtra Industrial Development Corporation (MIDC) and companies of the Pune based Kalyani Group. MIDC holds 26 per cent of the equity capital in KEIPL while 74 per cent is held by Kalyani Group companies. The project is being developed on 1705 ha of land which is in KEIPL’s possession.
Hyosung has chosen Khed City as the most suitable location for establishing its facility as it offered a quick start up opportunity in terms of encumbrance free land, connectivity from all important logistic points, excellent infrastructure at project site, availability of power, water, effluent treatment facilities, trained and skilled manpower etc. Khed city holds environment clearance from Ministry of Environment, Forest and Climate Change, Government of India and therefore is in a unique position to provide investors with a “plug and play” opportunity to set up their manufacturing facilities.
Government of India’s “Make in India” and “Ease of doing Business” initiatives coupled with the State government’s strong “Make in Maharashtra” pitch have contributed in Khed city gradually witnessing increased economic activity. There is marked step up in construction activity which is manifest in the presence of large number of ready mix and batch mixing cement plants, bitumen pre mix plants, cement pre casting units etc. on the project site. In addition communication facilities in the area are fast being established as is evidenced from a growing number of mobile towers being set up by various cellular service providers. Clearly the eco system being created in Khed city promises to make it a prominent manufacturing destination in Maharashtra.
Some of the major companies who are already engaged in setting up their units at Khed city include MARS India Limited, JSW MI Steel, Lenze Mechatronics, Linnhoff India, Hira Technologies, Maico Ventilation and several others. All these units will contribute in providing entrepreneurial and employment opportunities to the local population.
So far Khed city has been able to attract investments to the tune of over Rs. 1000 crores The project is being developed as an integrated industrial park. Local people from the villages of Nimgaon, Dawdi, Kendur and Kanersar from where the project area was acquired have significantly benefitted from development works and opportunities that have been allocated to them by units that are setting up their facilities in Khed city. With investor interest continuing to grow, the local population has much to gain as project development gathers more steam.
Hyosung T&D’s choice of Khed city for its manufacturing facility is an indication of the project emerging as a preferred destination for manufacturing investments. Another US based multinational MARS is already in advanced stages of constructing what will be the largest chocolate manufacturing facility in Asia. With several other global and domestic companies choosing to locate their facilities in Khed city the project is poised to catalyse large investments in Maharashtra and become an entrepreneurial and employment generating hub in the state.
Mars International India, a wholly owned subsidiary of Mars, Incorporated, has announced it is on track with plans for its first chocolate factory in India.
Mars, Incorporated intends to invest Rs.1005 crores (over $160 million) in the new factory at khedcity, Pune. It is designed to deliver Mars’ quality products to the consumer and positively impact the communities within which they operate by providing local employment opportunities and community engagement program.
The project is expected to generate direct employment opportunities for over 200 people and indirect employment opportunities to over 1000 people. The plant will produce Mars’ world renowned brands Snickers™ and Galaxy™ to cater to the growing chocolate demand across the country.
MV Natarajan, General Manager, Mars International India, said, “This initiative reiterates our continued commitment to India. The chocolate industry in India is growing at nearly 20% every year and we see this as a huge opportunity to expand our chocolate portfolio in the country in the coming years. Pune is an investor friendly and progressive city and we are delighted to deepen our commitment to India with our investment of Rs.1005 crores (Rupees one thousand and five crores) there. The climate, geography, talent availability, proximity to port, therefore to raw material and the proximity to demand cluster, makes Pune one of the most viable locations for chocolate manufacturing. Our khedcity plant is planned to be completely eco-friendly and a LEED GOLD certified facility. This will boost our production capacity and efficiently support the growing demand for Mars chocolates in India.”
About Mars international India Pvt. Ltd:
MARS International India Pvt. Ltd. is a wholly owned subsidiary of MARS, Incorporated. In India, Mars operates in two categories, a Pet care manufacturing and marketing business; and a Chocolate importation and marketing operation. The chocolate segment has its corporate office in Gurgaon, New Delhi. The pet care business is based in the southern state of Andhra Pradesh with its corporate office in Hyderabad. MARS India is presently engaged in manufacturing pet food under its global brands PEDIGREE® and WHISKAS®.
MARS India chocolate portfolio includes:
About Mars, Incorporated
Mars, Incorporated is a private, family-owned business with more than a century of history and some of the best-loved brands in the world including M&M’S®, PEDIGREE®, DOUBLEMINT® and UNCLE BEN’S®. Headquartered in McLean, VA, Mars has more than $33 billion in sales from six diverse business segments: Petcare, Chocolate, Wrigley, Food, Drinks and Symbioscience. More than 75,000 Associates across 73 countries are united by the company’s Five Principles: Quality, Efficiency, Responsibility, Mutuality and Freedom and strive every day to create relationships with stakeholders that deliver growth we are proud of as a company.