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.
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.