April, 15th 2024.
Khed City Welcomes Yongsan Automotive India Pvt. Ltd.
Khed City is pleased to announce the signing of a memorandum of understanding (MoU) with Yongsan Automotive India Pvt. Ltd., a South Korean company specializing in automotive interior parts manufacturing. This marks another significant step in the growing presence of South Korean companies in our industrial zone, which already includes prominent names such as Hyundai EP, Hyundai Wia, Hyosung Corporation, and AutoGen.
Yongsan Automotive India Pvt. Ltd. has chosen Khed City as the location for its new manufacturing unit, adding to the list of global automotive component manufacturers setting up operations here. The company’s product portfolio includes sun visors, seat coverings, and dashboard wrappings. In addition to these, Yongsan specializes in customized auto components such as door spot lamp functions and tailgate lamp functions, catering to the specific needs of its clients.
The decision-making process for Yongsan Automotive was influenced by Khed City’s robust infrastructure and transparent procedures. Our industrial plot in Pune offers quick allotment of land with a clear title, supported by seamless processes that facilitate faster project implementation. This approach has proven to be a key factor in attracting global investors.
Khed City’s well-planned infrastructure includes wide roads, uninterrupted power supply, industrial gas, and a reliable water supply, ensuring that companies can focus on their operations without logistical hurdles. The clutter-free design of the prime industrial park provides an organized and efficient environment, enabling businesses to thrive in a competitive market.
In addition to a strong South Korean presence, Khed City is also home to global automotive clients such as Gestamp, Zoomlion, JSW MI, and Sandhar, as well as food processing majors like Mars Chocolate from the USA and AMUL India. This diverse industrial ecosystem highlights the trust and confidence international businesses place in our industrial land.
The arrival of Yongsan Automotive India Pvt. Ltd. further strengthens Khed City’s position as a hub for innovation and manufacturing excellence. We look forward to supporting their growth and contributing to the success of their operations in India.
