Pimpri -Chinchwad Industrial Area : A Twin City

Mumbai is called the financial and commercial capital of India. It is one of the world’s top 10 centres for commerce in terms of global financial flows. It houses India’s biggest conglomerates such as L&T, Tata Group, Godrej and also the largest financial institutions like RBI, SBI, NSE & BSE. It is the ultimate hub for businesses offering the perfect environment and an unrestricted potential for all kinds of businesses, considered as the wealthiest city in the country. Mumbai accounts for 25% industrial output, 5% of India’s GDP and also 70% of the capital transactions in Indian economy.One of the sectors that contributes 5-6% to the country’s GDP is the real estate. Maharashtra Industrial Development Corporation (MIDC) is a project of the government of Maharashtra state in India and is the leading corporation of Maharashtra. In the period FY 2008-2020, the market size of this sector is expected to increase at a Compound Annual Growth Rate (CAGR) of 11.2 per cent. This article represents salient features of Pimpri -Chinchwad Industrial Area

Pimpri – Chinchwad – a twin city located in the suburbs of Pune happens to be one the biggest Industrial areas in Asia. It has a rapid growth in terms of the industries and most of the major automobile companies and their headquarters are located here. To name a few: Bajaj Auto, BEL Optronic Devices Ltd, TATA Motors, Kinetic Engineering, Force Motors and Daimler Chrysler. It is also a home to India’s premier antibiotics research institute Hindustan Antibiotics Limited (HAL) along with heavy industries such as Forbes-Marshall, Thyssen Krupp, Alfa Laval & Sandvik Asia have their manufacturing units here. There is rapid growth in the software and IT department also.

Industrial Activities Pimpri -Chinchwad Industrial Area

Connectivity

Pimpri -Chinchwad Industrial Area  is one of the most sought after destination for the Auto giants and other MNCs to set up their manufacturing plants/units due to good connectivity via old  Pune-Mumbai Highway. The industrial area has a wonderful connectivity via State Highway, National Highway & expressway.

 Infrastructure

 Telecommunication Facility and Broadband

• Companies like BSNL, MTNL, Reliance Jio, Bharti Airtel, IDEA, Vodafone etc. are providing telephone network in these area.
• The internet services of MTNL, Bharti Airtel, IDEA etc. are providing high-speed internet services.
• Dedicated electronic exchanges are functional at Chinchwad and Bhosari.

Electricity

Two sub-stations, one of 220 KV at Chinchwad and a 400 KV at Bhosari meet the power supply needs of the area.

Water

MIDC has constructed water supply Scheme at Ravet and Chinchwad to provide 144 MLD of water to the area, sourced by river Pawana. The areas total water supply pipe line network is 150 km.

Roads

The area is connected internally by good quality multiple lane roads. Good width roads are available in the MIDC which can cater for Trucks and Containers movements. The total length of the asphalted roads is 80.13 km

Truck Terminus and Bus Stop

A total of 6 plots with an area of 80,000 Sq. Mtrs. have been allotted to different agencies to develop the truck terminus. The truck terminus has been provided with basic utilities for drivers, cleaners, truck operator etc.

Fire Station

A plot for a fire station has already been allocated to the Pimpri-Chinchwad Municipal Corporation. At present the fire station, facilities are jointly provided by MIDC as well as the Pimpri-Chinchwad Municipal Corporation.

Pollution Norms

All kinds of industries are allowed in Pimpri-Chinchwad Industrial Area. MIDC insist for Zero Discharge to set up any industry

Residential Facilities

A 128-hectare residential and commercial area has been developed by MIDC within the area. Further, Pune city and the Pimpri-Chinchwad areas offer a wide range of quality, affordable housing facilities.

Land Availability & Land Rates

MIDC acquires land from either private entities or government agencies. Development charges are deducted from the compensation paid by the MIDC to the original land holders. Preference is given to barren land on records over irrigated fertile land. Land acquisition for Pimpri-Chinchwad Industrial Estate had happened long back. MIDC had acquired 1,224 hectares (HR) and 12 Arce land in the area. All the acquired land has been handed over to industries and it now houses industrial estates of Chinchwad, Bhosari, etc. Land is available in Pimpri-Chinchwad through resale of MIDC/ Freehold land.

To know the Land Rates of Pune Industrial Area Click here

Some of the prominent industries in Pimpri-Chinchwad are:

Why Pimpri- Chinchwad For Your Business?

• Pimpri-Chinchwad is in close proximity to Pune and Talegaon. Also closely located to other industrial areas i.e. Talegaon, Chakan, Khed, Hinjewadi, Ranjangaon, and Wagholi.
• Good connectivity to big cities Mumbai, Nasik, Sholapur, and Aurangabad.
• Skilled, Semi- Skilled and Unskilled manpower easily available.
• Availability of good Infrastructure and facilities in the industrial area.
• A cosmopolitan industrial friendly culture in Pune.
• Availability of good residential accommodation in Pune.
• Availability of good schools, colleges, hotels and hospitals in Pune.
• Many big Industries are already existing which include many foreign companies.

MIDC has been revising its FSI Norms. To know the current FSI applicability to the Industrial in Maharashtra and Industrial Properties available with us in Pimpri-Chinchwad Click here

About Us

We are a well-established industrial broking company operating across India, offering a comprehensive one-stop solution for all industrial consultancy services. With in-depth knowledge of industrial policies and regulations, we have successfully closed over 550 industrial transactions. Our expertise has earned us the trust of more than 50 large multinational corporations, including 22 Fortune 500 companies. We pride ourselves on providing clear and marketable titles, ensuring time-bound and hassle-free transactions. Additionally, our dedicated legal and liaison teams work meticulously to support each transaction, guaranteeing smooth and efficient processes for our clients. We also assist in getting the Industrial Permits and Licenses which are required to run any industry.

Contact Us

Ascent Supply Chain Consultants Private Limited (ASCC),
406 Raheja Arcade, Sector-11, CBD Belapur,
Navi Mumbai – 400614, MH – India.
Tel: 022-4897-4888
Email: info@ascc.in

Disclaimer

Our company has neither been appointed nor authorised by MIDC to make this blog. However, we have done in-depth study of various MIDC circulars and provided information on this blog in the public interest especially for the people holding MIDC Plots. While every effort has been made to ensure the accuracy of the information provided by us but we still advice you to kindly go through the relevant MIDC Circulars or seek professional guidance before taking any decision. The information provided on this blog should not be construed as legal advice or a substitute for professional consultation.