1 October 2024
In a significant boost to Khed City’s growing reputation as an industrial powerhouse, Daebu Automotive Seats (DAS), a leading South Korean manufacturer of automotive and aircraft seats, has acquired a 9-acre plot of land in Khed City. This development underscores Khed City’s strategic location and robust infrastructure, making it a preferred choice for global manufacturers seeking industrial land in Pune and beyond.
About DAS: A Leader in Seat Manufacturing
Daebu Automotive Seats (DAS) is a world-class supplier specializing in:
- Passenger and commercial vehicle seat adjustment systems
- Seat frames
- Complete automotive seats
- Aircraft seat manufacturing
DAS operates 14 factories and 3 R&D centers across 7 countries, generating an annual revenue of 2 trillion KRW and employing a global workforce of 5,000+ people. The company is a key supplier to industry giants like Hyundai Motors and Kia Motors, cementing its position as a critical player in the global automotive supply chain.
With this acquisition, DAS aims to bolster its manufacturing capabilities to meet rising demand from Hyundai Motors and Kia Motors. The company’s presence is expected to drive:
- Job creation and skill development in the region.
- A ripple effect attracting more South Korean manufacturers to Khed City.
- Strengthened ties between Khed City and global automotive leaders.
Khed City: A Preferred Hub for South Korean Manufacturers
DAS joins a growing list of South Korean companies setting up operations in Khed City. From Hyosung Corporation to Hyundai WIA, Khed City has become a magnet for South Korean multinationals seeking growth opportunities in India. With its availability of industrial land in Pune, Khed City is a prime location for expansion.
DAS’s expansion into Khed City not only highlights the industrial park’s strategic advantages but also reinforces its position as a preferred destination for global manufacturers. This milestone reflects Khed City’s commitment to supporting industry leaders with world-class infrastructure, transparent processes, and a well-established ecosystem.
Why DAS Chose Khed City?
DAS’s decision to expand into Khed City was driven by several compelling factors:
- Proximity to Key Clients & Potential for New OEMs
Khed City’s strategic location near major industrial hubs like Chakan, Talegaon, and Ranjangaon offers DAS unmatched access to Hyundai Motors and a chance to tap into new OEMs like Mahindra, Volkswagen, Tata, Mercedes, Daimler, and Force Motors, strengthening its position in India’s automotive ecosystem. - Quick Land Allotment and Transparent Processes: One of Khed City’s standout features is its streamlined MIDC land allotment process, enabling businesses like DAS to set up operations without unnecessary delays. The transparency in land allotment further instills confidence in investors.
- Well-Established Ecosystem: As a decade-old industrial city, Khed City has nurtured a thriving ecosystem of automotive component manufacturers. This industrial cluster allows seamless collaboration and supply chain integration, making it an ideal choice for companies like DAS looking for industrial land in Chakan and surrounding regions.
- Availability of Skilled Manpower: With its rich industrial history, Khed City boasts a ready pool of trained and experienced manpower, eliminating one of the key challenges faced by expanding manufacturers.
- World-Class Infrastructure: DAS will enjoy access to Khed City’s best-in-class infrastructure, including clear-title land, reliable utilities (power, water, industrial gas), and exceptional road connectivity to major ports and international airports. Investors seeking SEZ in Pune or industrial hubs will find Khed City a prime choice.
- Strategic Location: Situated near Maharashtra’s industrial hubs – Talegaon, Chakan, and Ranjangaon – Khed City ensures easy access to domestic and international markets.
