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Key Players

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Bajaj Auto Ltd
Bajaj Auto is the leading two-wheeler manufacturer of the country. In 2003-04, it sold over 1.5 million vehicles aggregating sales of US$ 1.24 billion. It has three manufacturing plants across the state at Akurdi, Waluj and Chakan. It is planning to open assembly plants in Brazil and Indonesia to enhance its overseas presence. Bajaj Auto is ramping up its production capacity to meet the increasing demand for two-wheelers for domestic and export markets.

Bharat Forge Ltd (BFL)
Bharat Forge Ltd is the largest forging company in Asia and among the most technologically advanced commercial forge shops in the world. BFL's clients include Daimler Chrysler, Mitsubishi, Volvo, Renault and Toyota. In 2003-04, BFL had revenues of over US$ 180 million, with exports contributing over 40 per cent of its sales. Bharat Forge's plants for manufacturing forgings are located at Pune and Jalgaon. Its other plant to manufacture engineering and other material handling equipment is located at Satara. BFL is increasing its manufacturing capacity from 140,000 TPA to 200,000 TPA. Recently, BFL acquired Carl Dan Peddinghaus (CDP), Germany's second largest forge shop with plants in Ennepetal and Daun/Eifel.

Cummins India Ltd (CIL)
Cummins India Ltd is one of the world's largest designers and manufacturers of diesel engines ranging from 55 to 3,500 hp. Key markets for these engines are on-highway vehicles, industrial equipment and power generation. CIL established its first factory at Pune. It has pioneered diesel engine technology to meet the diverse power requirement of the country and region. The company has recently stepped up production at its Pune facility by investing US$ 13 million.

Daimler Chrysler India
Daimler Chrysler India is a 100 per cent subsidiary of Daimler Chrysler, the global automobile giant. It has a manufacturing plant at Pune which manufactures the famed Mercedes Benz cars in India. The investment in the plant was pegged at US$ 150 million. Daimler Chrysler India had bagged the group-wide quality award for the Best Mercedes-Benz Production Plant outside Germany for three consecutive years from 1998 to 2000.

Dow Corning
Dow Corning is a specialised chemicals company producing silicone related products. It serves more than 25,000 customers across the globe through its diverse offering of more than 7,000 products and services. It has manufacturing and warehousing facilities at 35 locations worldwide with Tarapur in Pune, being one of them.

LG Electronics India (LGEI)
LG Electronics India is a wholly owned subsidiary of LG Electronics, South Korea. It has emerged as one of the top consumer goods company in India, with projected sales of over US$ 1.5 billion in 2004. LGEI has announced setting up of a new manufacturing facility at Pune with an investment of over US$ 1 10 million. The new plant shall also act as an export hub owing to its proximity to the Mumbai and JNPT ports.

Mahindra & Mahindra Ltd (M&M)
Mahindra & Mahindra Ltd is the leading utility vehicle manufacturer in India. In 2003-04, it achieved sales of US$ 1.1 billion. M&M has six state-of-the-art manufacturing facilities spread over 500,000 sq mt at Mumbai, Nashik and Nagpur. It entered the US market in 1994 through Mahindra USA. In 2002, it opened its second assembly plant near Atlanta. M&M has announced plans for local and international acquisitions with an investment of US$ 100 million. In 2003, the Farm Equipment Division of M&M became the first tractor manufacturer to win the Deming Application Prize.

Samsonite
Samsonite is one of the leaders in the global luggage industry. It has 1 1 production centres worldwide and 2 in the Asia and Australia region. Samsonite has set up a US$ 18 million manufacturing facility in Nashik.

P&O Ports
P&O Ports is a subsidiary of the Peninsular and Oriental Steam Navigation Company, UK. It operates and manages the container terminal at the JNPT port. The container terminal was set up with an investment of over US$ 250 million in 1999, through a build-operate-transfer arrangement with the JNPT port and the Government of India. In 2003, the terminal handled over 1.2 million TEUs of container traffic, thus, emerging as the country's largest and one of the top container ports in the world.

Pfizer
Pfizer is a 40 per cent subsidiary of Pfizer Inc., US. Recently, the parent Pfizer Inc. and Warner Lambert agreed to a US$ 90 billion merger to create the world's fastest growing pharmacy company. Pfizer set up a plant in 1968 at Thane for the manufacture of Protinex. The plant is a state-of-the-art unit housing manufacturing, quality control and R&D.

Reliance Energy Ltd (REL)
Reliance Energy Ltd is the country's leading integrated electricity utility company in the private sector. It registered sales of US$ 789 million in 2003-04. REL generates and distributes electricity across a number of states in the country. REL has over 2.2 million consumers in Mumbai and annually supplies 6 billion kWh electricity to the city. It has applied for licences for distributing electricity in Nashik, Aurangabad, Nagpur and Pune. REL is also planning a capacity addition of 3,000 MW in the state with an investment of over US$ 2.5 billion.

Reliance Industries Ltd (RIL)
Reliance Industries Ltd is part of the Reliance Group and is a Fortune 500 company. It is the world's second largest producer of polyester fibre and yarn, third largest producer of paraxylene (PX) and seventh largest producer of polypropylene (PP). The group has its corporate headquarters at Mumbai and a plant at Patalganga near Mumbai. The total investment in the Patalganga plant stands at US$ 660 million. IPCL, a Reliance Group company also has a petrochemicals plant at Nagothane near Mumbai. RIL is increasing its polyester fibre and yarn production capacity at the Patalganga plant. IPCL has planned to invest approximately US$ 800 million for upgrading and enhancing the capacities of its petrochemical plants. RIL has acquired the German speciality polyester manufacturer, Trevira, for US$ 100 million. It will make RIL the largest polyester fibre and yarn manufacturers in the world.

Rohm & Haas, USA
Rohm and Haas is a US$ 6 billion speciality chemical company. It has more than 100 facilities in 26 countries. It has invested US$ 20 million to set up local manufacturing operations at Taloja near Mumbai. The plant has an annual capacity between 25,000 to 35,000 tonnes. It will serve the Indian market as well as the Asia-Pacific region, the Middle East and South Africa. Rohm & Haas is also planning to set up a research centre in India with an investment of about US$ 2 million.

Sandoz India
Sandoz is the generics arm of the Swiss pharmaceuticals multinational, Novartis AG. It is the second largest supplier of generics medicines in the world. Sandoz India opened its third plant at Kalwe. Built at a cost of US$ 13 million, the Kalwe facility is part of Sandoz's US$ 80 million global expansion of its production network.

Skoda Auto
Skoda Auto India has been operating in India since 2001 as a subsidiary of the Volkswagen Group. It has set up a state-of-the-art manufacturing facility at Shendra near Aurangabad to assemble Octavia cars. The facility is spread across 300,000 sq mt and employs 300 individuals. Skoda Auto allocated US$ 54 million for its Aurangabad plant. It intends to use India as a base for exports to South Asia.

Tata Consultancy Services (TCS)
Tata Consultancy Services, a part of the Tata Group, is one of India's largest IT organisations. It offers services to Fortune 500 clients across 55 countries. TCS has its headquarters at Mumbai and development centres at Mumbai and Pune. It also has a research, development and design centre at Pune. Both the development centres have SEI-CMM Level 5 certification. TCS plans to increase the staff strength of its development centres at Mumbai and Pune in the coming years.

Tata Motors Ltd
Tata Motors is India's leading automobile manufacturer with revenues of over US$ 3.5 billion in 2003-04. It ranks among the top six commercial vehicles manufacturers in the world. Tata Motors has a manufacturing plant at Pune with a capacity to produce 150,000 vehicles. The company is undertaking a massive investment plan of US$ 1.3 billion to raise the capacity to 225,000 units. In 2004, Tata Motors acquired the truck manufacturing unit of Daewoo Motors for US$ 1 18 million. Tata Motors is now planning to buy a Spanish bus-building and design firm to strengthen its capabilities and global presence in the bus manufacturing segment.

Videocon Group
Videocon Group is India's leading brand of consumer electronics and home appliances. It also manufactures products for Toshiba and Sansui. In Maharashtra, it has production facilities at Chitegaon and Bhalgaon, near Aurangabad. These facilities are used to produce washing machines, refrigerators and other consumer appliances.

Whirlpool
Whirlpool tied up with the world-famous Whirlpool Corporation, US in 1994-95 and acquired its present name. The company has a state-of-the-art facility for the production of environment friendly non-chlorofluorocarbon (CFC) frost-free refrigerators at its unit at Ranjangaon near Pune. It has also set up a Refrigeration Technology Centre at Ranjangaon.

Wockhardt Ltd
Wockhardt Ltd is the fifth largest Indian pharmaceutical company. It has a presence in more than 90 countries. Wockhardt has manufacturing plants at Mumbai, Aurangabad and Waluj. Wockhardt's R&D centre is also located at Aurangabad. It has built a modern biotechnology park at Aurangabad with an investment of over US$ 43 million.

 

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