“Over the years Pune has grown beyond its proximity to Mumbai – a factor which, in addition to other inherent advantages that Pune holds for manufacturers, has attracted significant industrial investments. The vast consumer base supplied by the city’s population of 5.5 million, availability of skilled manpower from a huge base of educational institutions and availability of quality infrastructure as well as land make Pune a major industrial destination in the country.
Apart from being an established IT/ITeS destination, Pune has also evolved into a major manufacturing hub, especially with respect to the automobiles and engineering sector. Pune’s industrial pockets are primarily located in Chakan, Talegaon, Ranjangaon, Nagar Road and Khed.
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| Nirav Kothary, JLL India. |
Some of major automobile industries in Pune include Mercedes Benz, Volkswagen, Hyundai, General Motors, Bajaj, Toyota and JCB. These industries were followed by auto ancillary industries having presence across the state of Maharashtra. Additionally, FMCG and white goods manufacturing units like LG, Whirlpool, L’Oreal and ITC have contributed massively towards Pune’s establishment as a major industrial location.
The availability of industrial land in MIDC properties as well as private industrial parks and SEZs represents the biggest growth opportunity in this market. ‘Khed City’, a private industrial park and SEZ spread over 4,500 hectares (located only 50 kms north of Pune) and MIDC-developed Chakan Phase II are two of the harbingers of Pune’s future growth as a major industrial destination in the country.”
Nirav Kothary, Head – Industrial Services, JLL India
Click here to download the report: Pune
About The Report:
Manufacturing Destinations of India: A Real Estate Overview
In this report, we illustrate the trends in the growth of the manufacturing sector in India. The sectors considered for the study include pharmaceuticals/biotechnology, automobiles, heavy engineering, fast-moving consumer goods (FMCG), electronics and communications & aviation. These sectors have been chosen as major manufacturing areas because of their contribution to the manufacturing sector in India.
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