Auto/Auto Ancillary Sector - Maharashtra Industrial Development ...
Auto/Auto Ancillary Sector - Maharashtra Industrial Development ...
Auto/Auto Ancillary Sector - Maharashtra Industrial Development ...
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
<strong>Auto</strong>/<strong>Auto</strong> <strong>Ancillary</strong> <strong>Sector</strong><br />
Putting <strong>Maharashtra</strong> on Fast Lane<br />
Knowledge Partner<br />
Magnificent <strong>Maharashtra</strong><br />
Opportunities Unlimited
<strong>Maharashtra</strong> Profile<br />
Social Economic<br />
Percentage in <strong>Maharashtra</strong><br />
GSDP growth rate 8.7<br />
Industry growth rate 8.5<br />
Literacy Rate<br />
76.9<br />
Urbanization<br />
42.4<br />
0.0 20.0 40.0 60.0 80.0 100.0<br />
Percentage of <strong>Maharashtra</strong> in India<br />
<strong>Maharashtra</strong>:<br />
• Highest State Domestic Product<br />
• Highest aggregate bank deposits and gross credits<br />
• Highest contribution to India’s corporate tax<br />
collections(61%)<br />
• Most urbanized State<br />
Social Economic <strong>Industrial</strong><br />
Wine<br />
<strong>Auto</strong> & <strong>Auto</strong> Components<br />
Bio Tech<br />
Software Export<br />
Exports<br />
<strong>Industrial</strong> Output<br />
Employment<br />
GDP contribution<br />
Population<br />
Geographical Area<br />
38<br />
33<br />
30<br />
27<br />
18.4<br />
15.3<br />
14.7<br />
9.4<br />
9.4<br />
87<br />
With 9.4% of India’spopulation, <strong>Maharashtra</strong> has 18.4%<br />
of industrial production.<br />
* <strong>Maharashtra</strong>’s GSDP contribution to India’s GDP is at current prices<br />
Source: Socio-Economic Review , <strong>Maharashtra</strong> 2010-11;<br />
Annual Survey of Industries 2008-09
<strong>Maharashtra</strong> Profile<br />
Road<br />
Road Connectivity India <strong>Maharashtra</strong><br />
Total Length of National Highway (in km): 70,934 4,376<br />
TotalLength of State Highway(in km): 1,31,899 34,102<br />
TotalLength of Major District Roads(in km): 4,70,000 49,901<br />
Total Length of Other District and Village Roads (in<br />
km):<br />
26,50,000 1,51,661<br />
-97.5 % of the villages are well connected with all weather and 2 % by fair weather roads in the state.<br />
Source: GoM (2010), Economic Survey of <strong>Maharashtra</strong> 2010-11, Mumbai: Directorate of Economics and Statistics, Planning Department.<br />
Railway<br />
Railway Connectivity India <strong>Maharashtra</strong><br />
Total Length of Railway network (in km): 64,755 5,983<br />
-The state encompasses 2major railway zones;the Central andWestern<br />
-9.4 % of total railway network in the country<br />
-The railway route length per 1,000 sq. km of geographical area is 19.44 km in the State as against 19.69 km in<br />
the country. (as on 31st March, 2010)<br />
Source: GoM (2010), Economic Survey of <strong>Maharashtra</strong> 2010-11, Mumbai: Directorate of Economics and Statistics, Planning Department.
<strong>Maharashtra</strong> Profile<br />
Airport<br />
Airport Connectivity India <strong>Maharashtra</strong><br />
Total No. of Airport: 449 22<br />
TotalNo. of International Airports: 17 3<br />
TotalNo. of Domestic Airports: 114 5<br />
-<strong>Maharashtra</strong> is well connected to major cities in the USA,EU,Asia and other Indian metropolitan cities.<br />
-The state has the highest number of airports in the country .<br />
Source: MIDC, AAI and MADC<br />
Port<br />
Port Connectivity India <strong>Maharashtra</strong><br />
Coast-line(in km): 7,517 720<br />
No. of Major Ports: 12 2<br />
No. of Minor and intermediate Ports: 187 48<br />
Containertraffic (in TEUmillion): 6.89 4.15<br />
-JNPT in <strong>Maharashtra</strong> is India's largest container port (59.4%).<br />
-20.5% of the total cargo traffic of the major ports in India is handled by the state (3rd highest)<br />
Source: GoM (2010), Economic Survey of <strong>Maharashtra</strong> 2009-10, Mumbai: Directorate of Economics and Statistics, Planning Department.
<strong>Maharashtra</strong> Profile<br />
Power<br />
Power Facilities India <strong>Maharashtra</strong><br />
Electricity Generation Capacity (in MkWh): 77,15,510 81,345<br />
InstalledCapacity (inMW): 1,73,626 19,166<br />
-<strong>Maharashtra</strong> has the largest installed electricity generation capacity<br />
Source: GoM (2010), Economic Survey of <strong>Maharashtra</strong> 2009-10, Mumbai: Directorate of Economics and Statistics, Planning Department.<br />
IT/ ITeS<br />
IT/ITeSFacilities India <strong>Maharashtra</strong><br />
Totalno. of <strong>Industrial</strong> TrainingInstitutes: 2,133 388<br />
Totalno. of <strong>Industrial</strong> TrainingCentres: 5,906 297<br />
Totalseating capacity: 11,15,628 1,21,744<br />
-Out of 1396 Government ITIS being developed in India in PPP mode, 266 are in <strong>Maharashtra</strong><br />
- India’s 18% of ITIs is in the state with a 20 % seating capacity<br />
- Highest number of approved SEZ in the country are in <strong>Maharashtra</strong><br />
Source: dget.nic.in, April 2010<br />
SEZ<br />
Special Economic Zones India <strong>Maharashtra</strong><br />
Notified SEZs: 377 63<br />
Approved SEZs: 738 143<br />
Source: http://www.sezindia.nic.in/index.asp & <strong>Maharashtra</strong> Industries Department, September 2010
GLOBAL –AUTOMOTIVE<br />
SECTOR
Global <strong>Auto</strong>motive Industry<br />
Indian automobile market is one of the fastest growing in the world<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
The global automotive industry is currently registering record<br />
production levels driven by an increasing demand and export<br />
dynamism in developing economies.<br />
In 2010, With over 77 million motor vehicles produced in more<br />
than 40 countries, the industry has witnessed a growth of<br />
approximately 25.8% percent.<br />
North America, Western Europe and Japan, (‘Triad’) are the mature<br />
automotive market<br />
Emerging automotive markets are BRIC nations<br />
United States is to become a significant net importer of cars, owing<br />
to the higher cost of domestically manufactured products<br />
Germany, India, Brazil and South Korea are expected to be second<br />
lead of producer with outputs of 4 million to 7 million units per<br />
year<br />
The major automotive players worldwide are: Toyota Motors, Porsche<br />
<strong>Auto</strong>mobiles Holdings, Volkswagen AG, Ford Motor Company, Daimler AG,<br />
Honda Motors Co. Ltd., Nissan Motors etc.<br />
Country<br />
Global <strong>Auto</strong>motive Industry -Production statistics 2010<br />
(Provisional)<br />
Passenger<br />
Vehicle<br />
Commercial<br />
Vehicle<br />
Total<br />
% change<br />
China 13,897,083 4,367,584 18,264,667 32.4%<br />
Japan 8,307,382 1,318,558 9,625,940 21.3%<br />
USA 2,731,105 5,030,338 7,761,443 35.4%<br />
Germany 5,552,409 353,576 5,905,985 13.4%<br />
S.Korea 3,866,206 405,735 4,271,941 21.6%<br />
Brazil 2,828,273 820,085 3,648,358 14.6%<br />
India 2.814,584 722,199 3,536,783 33.9%<br />
France 1,922,339 305,403 2,227,742 8.8%<br />
Spain 1,913,513 474,387 2,387,900 10.0%<br />
Mexico 1,390,163 954,961 2,345,124 50.2%<br />
Canada 968,860 1,102,116 2,071,026 39.0%<br />
Iran 1,367,014 232,440 1,599,454 14.7%<br />
UK 1,270,444 123,019 1,393,463 27.8%<br />
Russia 1,208,362 194,882 1,403,244 93.5%<br />
CzechRep 1,069,518 6,867 1,076,385 9.5%<br />
Source: OICA
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
Indian automotive industry: a key contributor to the<br />
economic growth<br />
Indian automobile sector is a global growth engine<br />
World’s 2nd largest two wheeler market<br />
Asia’s 3rd largest passenger vehicle market<br />
World’s 4th largest commercial vehicle market<br />
World’s 4th largest Tractor Market in the World<br />
World’s 5th largest bus and truck market (volume)<br />
World’s 2nd largest producer of compact cars<br />
2,500,000<br />
2,000,000<br />
1,500,000<br />
1,000,000<br />
500,000<br />
India trend -<strong>Auto</strong>mobile Exports (Volume)<br />
Source: SIAM<br />
► Indian automotive industry has attracted acumulative<br />
FDI of USD 5.9 billion duringApr 2000 –Mar 2011<br />
► Industry’s turnover is estimated to touch alevel of<br />
USD 145 billion by 2016<br />
► Expected to be the world’s 7th largest automobile<br />
market by 2016 and world's 3rd largest by 2030,only<br />
behind China and the US<br />
► Overall production of automobiles increased from 8.7<br />
million units in 2004–05 to 14.06 million units in<br />
2009–10<br />
Sources: IBEF, Department of <strong>Industrial</strong> Policy and Promotion (DIPP), SIAM<br />
0<br />
18,000,000<br />
16,000,000<br />
14,000,000<br />
12,000,000<br />
10,000,000<br />
8,000,000<br />
6,000,000<br />
4,000,000<br />
2,000,000<br />
0<br />
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11<br />
Passenger Vehicles Commercial Vehicles<br />
Three Wheelers<br />
Two Wheelers<br />
India trend – Domestic Sales of <strong>Auto</strong>mobile Industry<br />
Two Wheelers<br />
Three Wheelers<br />
Commercial Vehicles<br />
Passenger Vehicles
India’s automotive sector market scenario<br />
<strong>Auto</strong>motive sector - Segment wise market share (2010-11)<br />
India’s automotive cluster<br />
16%<br />
4%<br />
4%<br />
Delhi –Gurgaon - Faridabad<br />
76%<br />
Passenger Vehicles<br />
Three Wheelers<br />
Commercial Vehicles<br />
Two Wheelers<br />
Mumbai–Pune–Nashik–<br />
Aurangabad<br />
Kolkata-Jamshedpur<br />
Belt<br />
25<br />
20<br />
15<br />
10<br />
5<br />
0<br />
USD billion<br />
Source: ACMA<br />
9<br />
3.8<br />
India <strong>Auto</strong> component Industry<br />
22<br />
Investment Exports Turnover<br />
2009-10 2009-10 2009-10<br />
<strong>Auto</strong> Component<br />
industry to grow fourfold<br />
by 2020; to cross<br />
USD 113 billion<br />
Source: IBEF<br />
Chennai–Bengaluru–Hosur<br />
Contribution of <strong>Auto</strong>motive sector to GDP (%)<br />
Year<br />
Share in GDP<br />
2006 5.2<br />
2010 E 7.2<br />
2016 E 10.4
MAHARASHTRA –<br />
AUTOMOTIVE SECTOR
<strong>Maharashtra</strong> <strong>Auto</strong>motive <strong>Sector</strong><br />
<strong>Maharashtra</strong> is a major hub of India’s<br />
automotive sector<br />
To Gujarat<br />
<strong>Maharashtra</strong> <strong>Auto</strong>motive Hub<br />
To Madhya Pradesh<br />
► <strong>Maharashtra</strong> accounts for approximately 38% of the<br />
country’s output of automobiles by value<br />
► Major automobile clusters in the state are Pune, Nashik,<br />
Aurangabad and Nagpur<br />
Mumbai<br />
Nashik<br />
Aurangabad<br />
To Chhattisgarh<br />
► The state is the leading producer of heavy and commercial<br />
vehicles in the country<br />
Pune<br />
To Andhra Pradesh<br />
► Major OEMs and auto ancillary units such as Daimler<br />
Chrysler, Fiat, Skoda <strong>Auto</strong>, John Dierre, Tata Motors,<br />
Mahindra &Mahindra, Bajaj <strong>Auto</strong>, Kinetic Engineering, and<br />
Bharat Forge, have their presence in the state<br />
► Pune is the largest auto hub of India with over 4,000<br />
manufacturing units only in Pimpri-Chinchwad region<br />
► <strong>Auto</strong> & auto ancillaries contributes to 9% of<br />
<strong>Maharashtra</strong>’s manufacturing strength<br />
To Goa<br />
To Karnataka<br />
►Pune is home to large players like Bajaj <strong>Auto</strong><br />
Limited,Daimler Chrysler Limited,Tata Motors,etc.<br />
►Nashik is home to India's largest multi-utility<br />
vehicle manufacturer,Mahindra &Mahindra Limited<br />
Source: www.automotiveproductsfinder.com/
<strong>Maharashtra</strong> <strong>Auto</strong>motive <strong>Sector</strong> –<br />
<strong>Industrial</strong> Scenario<br />
<strong>Maharashtra</strong>Key<strong>Auto</strong>motive Clusterand SEZ<br />
Legend<br />
MSEZ<br />
National Highway<br />
Railway<br />
International Airport<br />
Domestic Airport<br />
Major Ports<br />
Key Locations<br />
Industry Cluster<br />
Notified Multi-<br />
Product SEZ as on<br />
March 2011<br />
The major automobile centres<br />
in <strong>Maharashtra</strong> include Pune<br />
and in around area<br />
(Chakan, Rajgurunagar),<br />
Nashik, Aurangabad and<br />
Nagpur<br />
FDI<br />
The total FDI investment in the <strong>Auto</strong>mobile sector sector till<br />
September2010 was INR 895 crore<br />
Notified Multi Product SEZs<br />
1 Navi Mumbai SEZ Pvt Ltd, Thane<br />
2 Sunny Vista, Bhokarpada, Panvel<br />
3 Navi Mumbai SEZ Pvt Ltd., Ulwe,Navi Mumbai, Thane<br />
4 Indiabulls <strong>Industrial</strong> infrastructure Ltd, At Gulvanch, Musalgaon<br />
5 Bharat Forge Ltd. (JV MIDC), Village Gulani, Dist Pune<br />
6 MADC, Nagpur<br />
Pune , Ranjangaon, Talegaon, Chakan has around 53 large<br />
companies and around 7,000 auto ancillary units
<strong>Maharashtra</strong> <strong>Auto</strong>motive industry –Value<br />
Chain<br />
<strong>Maharashtra</strong> has strongly emerged as the top destination in India<br />
for automobilesector,with astrong presence across the value chain<br />
Raw<br />
Materials<br />
Engineering<br />
Research<br />
and Design<br />
<strong>Auto</strong> Parts<br />
Production<br />
Supply of<br />
<strong>Auto</strong> Parts<br />
Assembly of<br />
<strong>Auto</strong> Parts<br />
Marketing/<br />
Exports<br />
▪<br />
▪<br />
▪<br />
▪<br />
▪<br />
▪<br />
Mumbai<br />
Pune<br />
Aurangabad<br />
Nashik<br />
Shendre<br />
Chakan<br />
▪<br />
▪<br />
▪<br />
▪<br />
▪<br />
Pune<br />
Aurangabad<br />
Shendre<br />
Chakan<br />
Nagpur<br />
▪<br />
▪<br />
▪<br />
▪<br />
Pune<br />
Mumbai<br />
Kolhapur<br />
Ahmadnagar<br />
▪<br />
▪<br />
▪<br />
Pune<br />
Nashik<br />
Mumbai<br />
▪<br />
▪<br />
Pune<br />
Mumbai<br />
Strong<br />
Medium<br />
The <strong>Auto</strong> and Component industry has strong backward (components, basic material) and<br />
forward (finance, insurance, oil, roads, after-sales-service, retailing)linkages. These sectors<br />
offer enormous potential for enterprise &employment
KEY PLAYERS
Centre of <strong>Auto</strong>motive Industry<br />
Tata<br />
Motors<br />
Bajaj <strong>Auto</strong><br />
Force<br />
Motors<br />
Mahindra<br />
Two<br />
Wheeler<br />
Mercedes-<br />
Benz<br />
General<br />
Motors<br />
JCB<br />
Car/Trucks<br />
Two Wheeler<br />
3 Wheelers,<br />
Tractors, LCVs and<br />
Large Trucks<br />
Scooters, Mopeds<br />
and Bikes<br />
Cars<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
►<br />
Corporate Headquarter<br />
R&D Centre<br />
Manufacturing facility<br />
Corporate Headquarter<br />
Manufacturing facility<br />
Manufacturing facility<br />
Manufacturing facility<br />
Manufacturing facility<br />
Assembly facility<br />
Cars ► Manufacturing facility<br />
<strong>Industrial</strong><br />
equipment<br />
►<br />
►<br />
Manufacturing facility<br />
Design facility<br />
Volkswa<br />
gen<br />
Mahindra<br />
&<br />
Mahindra<br />
Cummins<br />
Engines<br />
Bridgesto<br />
ne<br />
Hyundai<br />
Cars<br />
SUV,<br />
Commercial<br />
Vehicle<br />
Diesel Engines<br />
and Generators<br />
►<br />
►<br />
►<br />
►<br />
Manufacturing facility<br />
Manufacturing facility<br />
Manufacturing facility<br />
Design centre<br />
Tyres ► Manufacturing facility<br />
Construction<br />
Equipment<br />
►<br />
Manufacturing facility<br />
Fiat Car ► Manufacturing facility<br />
► R&D centre<br />
Premiere<br />
Motors<br />
John<br />
Deere<br />
Car, Trucks,<br />
Vans<br />
Car, Trucks,<br />
Vans<br />
►<br />
►<br />
►<br />
Manufacturing facility<br />
Manufacturing facility<br />
R&D centre
Research Institutes, Suppliers &<br />
Infrastructure Players<br />
R & D Centre<br />
ARAI (<strong>Auto</strong>motive<br />
Research Association<br />
of India)<br />
OEM<br />
Bharat Forge<br />
Tata<strong>Auto</strong> components<br />
Cutting tools tech.<br />
Sandvik<br />
ARAI is a the premier research and certification institution for the automotive industry in<br />
India, located at Pune<br />
► Bharat Forge is one of the top forging companies in the world, involved in<br />
manufacturing of <strong>Auto</strong> component. The facility in Puneincludes HQ, Design Center and<br />
Manufacturing Facility<br />
► Tata <strong>Auto</strong> components in Puneis a signinficantplayer in manufacturing and designing<br />
<strong>Auto</strong> parts<br />
Sandvikis a world leader in cutting tools, The facility is present since last 50 years in Pune<br />
<strong>Auto</strong>mation firm<br />
PARI Robotics &<br />
<strong>Auto</strong>mation<br />
PARI is one of the leading industrial automation companies and have setup factory<br />
automationsystemsat manyglobal manufacturingfacilities<br />
IT in <strong>Auto</strong>mative<br />
Software &Information<br />
Technology<br />
Siemens, PTC, Ansys, Geometric and KPIT Cummins
AUTOMOTIVE EDUCATION<br />
INFRASTRUCTURE
All embracing Educational Support<br />
Strong technical manpower in <strong>Maharashtra</strong> is fuelling growth in the state<br />
► <strong>Maharashtra</strong> has astrong skilled labor base supporting<br />
the automotive industry<br />
► The state offers a strong educational infrastructure<br />
with technical institutions providing automobile<br />
engineering courses across the state<br />
► IBM has set up aGlobal Delivery Center in Pune to<br />
provide auto majors business consulting and<br />
application services<br />
► India's premier automotive R&D, testing and<br />
certification organisation, <strong>Auto</strong>motive Research<br />
Association of India (ARAI) is present in Pune<br />
► India’sfirst <strong>Auto</strong> Cluster <strong>Development</strong> and Research<br />
Institute is in the state<br />
Manpower strength in <strong>Maharashtra</strong><br />
<strong>Sector</strong> Institutions Capacity Admitted<br />
Students<br />
Engineering 784 2,61,625 2,09,025<br />
Management 366 34,995 28,644<br />
Sciences<br />
<strong>Industrial</strong> Training<br />
Institutes<br />
726 1,49,156 1,34,712<br />
Vehicles Research &<br />
<strong>Development</strong><br />
Establishment (VRDE),<br />
Ahmednagar<br />
<strong>Auto</strong>motive Research<br />
Association of India<br />
(ARAI), Pune<br />
NATRiP centre in <strong>Maharashtra</strong><br />
• Research, design, development<br />
andtesting of vehicles<br />
• Centre of excellence for<br />
photometry, electromagnetic<br />
compatibility (EMC), test tracks<br />
• Services toall vehiclecategories.<br />
• Centre of excellence for power<br />
traindevelopmentand material.<br />
Source: "Economic Survey 2010-11“, Directorate of Economics and Statistics website, http://mahades.maharashtra.gov.in/, accessed 1 June 2011
AUTOMOTIVE SECTOR -<br />
POLICY
Policy and regulatory support<br />
Special policies for <strong>Auto</strong> industry makes it a lucrative investment sector<br />
<strong>Auto</strong> Policy 2002<br />
<strong>Auto</strong>motive Mission Plan (AMP)<br />
2006–2016<br />
Department of Heavy Industries<br />
and Public Enterprise<br />
National <strong>Auto</strong>motive Testing and<br />
R&D Infrastructure Project<br />
(NATRiP)<br />
<strong>Auto</strong>matic approval for foreign equity investment of up to 100 per cent for manufacturing of<br />
auto components<br />
►Setting up of a technology modernization fund, with special emphasis on SMEs and<br />
encouragementto establish development centres forSMEs<br />
►Increasing exports and related infrastructure and streamlining training/research institutions<br />
around auto hubs.<br />
►Setting up of automotive training institutes and auto design centres,special auto parks and<br />
auto componentvirtual SEZs<br />
Toenhance and upgrade the testing and validation infrastructure and establish centres of<br />
excellence forautomotiveR&D.<br />
►Lowering of excise duty on small cars, increasing budgetary allocation for R&D activities<br />
and lowering duty regime in general<br />
►Weighted increase in the in-house R&D expenditure from 150% to 200% and from 120%<br />
to175% on outsourced R&D expenditure<br />
Incentive Regimes<br />
Union Budget 2010–11<br />
►Ad valorem component of the excise duty is increased to 22% on large cars,multi-utility vehicles and<br />
sports-utilityvehicles.<br />
►The excise duty on electric cars is reduced from 8to 4%and customs duty is fully exempted.<br />
►Promotion of automobile exports through focus market scheme (FMS) and focus product scheme<br />
(FPS)
MAJOR OPPORTUNITIES<br />
AND INVESTMENTS
Opportunities boundless<br />
<strong>Maharashtra</strong> <strong>Auto</strong>motive<br />
<strong>Sector</strong><br />
Demand<br />
A large consumer pool<br />
Supply<br />
A low cost manufacturing base<br />
Domestic demand<br />
Export potential<br />
Frugal Engineering capability<br />
Low cost labor base<br />
Skilled workforce<br />
Cost effective supplier base<br />
Emerging Opportunities<br />
Increased focus on Infrastructure<br />
Partnership and alliances for<br />
<strong>Auto</strong> Component sector<br />
Vehicle retailing<br />
Low cost vehicles (ULCC)<br />
CVs to benefit from increasing infrastructure<br />
activity and heightened international interest<br />
Diversification in two<br />
wheeler segment<br />
Design Centres<br />
<strong>Auto</strong> financing<br />
R&D
Calling Investments<br />
Key upcoming projects in <strong>Maharashtra</strong> automotive sector<br />
Company Project Proposed<br />
Investment<br />
Atul<strong>Auto</strong> Ltd.<br />
Bajaj <strong>Auto</strong> Ltd.<br />
Bridgestone<br />
Tyres India<br />
Manufacturing plant for four<br />
wheeler goods carrier<br />
Expand its capacity to raise the<br />
overall capacity by one fourth to<br />
5, 000,000 units by 2012<br />
INR 2.3<br />
billion<br />
NA<br />
Setting up radial tyre plant INR 2.6<br />
billion<br />
CEAT Tyres Enhance Nashik facility INR 5.9<br />
billion<br />
DANA Holding<br />
Corp.<br />
General Motors<br />
Mahindra &<br />
Mahindra<br />
Volkswagen<br />
Source: Ernst & Young <strong>Auto</strong> Track June 2010<br />
Gear manufacturing facility INR 1872<br />
million<br />
Engine and transmission plan and<br />
expansion of power train project<br />
Expand capacity from 250, 000 to<br />
500,000<br />
Expand production capacity to<br />
110,000<br />
INR 9.36<br />
billion<br />
INR 20<br />
billion<br />
NA<br />
Location<br />
Pune<br />
Aurangabad,<br />
Chakan<br />
Chakan<br />
Nashik<br />
Chakan<br />
Talegaon<br />
Chakan<br />
Chakan<br />
Brembo Group,<br />
Mercedes-Benz, Norma,<br />
ElringKlingerGroup,<br />
CosmaInternational<br />
recently started its<br />
operation at different<br />
locations in <strong>Maharashtra</strong>.
KEY CONTACTS
Connecting further<br />
Principal Secretary Industries<br />
Room No. 114, 1st floor,<br />
MantralayaAnnex, Mumbai<br />
<strong>Maharashtra</strong> - 400032<br />
Directorate of Industries<br />
New Administrative Building,<br />
2nd floor Opp. Mantralaya,<br />
Mumbai - 400 032<br />
<strong>Maharashtra</strong> <strong>Industrial</strong> <strong>Development</strong> Corporation (MIDC)<br />
Head office<br />
<strong>Maharashtra</strong> <strong>Industrial</strong><br />
<strong>Development</strong> Corporation<br />
Udyog Sarathi,<br />
Mahakali Caves Road,<br />
Andheri(E), Mumbai-400 093<br />
Principal office<br />
<strong>Maharashtra</strong> <strong>Industrial</strong><br />
<strong>Development</strong> Corporation<br />
4(A), 12th floor, World Trade Centre<br />
Complex, 1 Cuffe Parade, Colaba,<br />
Mumbai -400005