The MIDC in Ranjangoan is a five star industrial area, in which several manufacturing companies including LG, Whirlpool, Carraro, Fiat, Bombay Dyeing, Maccaferri, Beakaert etc. are based Pune has emerged as the 7th largest industrial hub in India with fastest growing economy in the country. The city has 6th highest per capita income in 2012. It is one of India’s leading hubs for services, manufacturing, financial, IT and education sectors. Some of the underlying factors of Pune being preferred Industrial sector are:
Proximity to Mumbai and relatively lower costs for Industrial set up.
Availability of Manpower.
Developed Industrial Infrastructure.
Developed transportation Facility.
Pune is a base of 15 MIDC Clusters and over 40 Cooperative Industrial Estates that support manufacturing companies across auto, pharma & chemical, food processing and consumer durables sectors.
Automobile Companies in Pune: Volkswagen, Fiat and General Motors.
Manufacturers of auto components: Tata Auto comp Systems Limited, Continental Corporation, and Robert Bosch GmbH.
Engineering corporations: Kirloskar Group.
Information Technology Companies: IBM, Microsoft, Infosys, and Cognizant.
New developments includes the Hinjewadi IT Park and the Pune “Food Cluster” development project.
Out of the 15 MIDC Industrial Areas MIDC Jejuri is almost developed Industrial Area which falls under scheme C category of Industrial group.