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Construction : Web Exclusive | September 2014 | Source : Construction Update

China to set up industrial parks in Pune and Ahmedabad

China has agreed to invest $5 billion in setting up two industrial parks in the state of Maharashtra and Gujarat. The industrial park will come up in Pune with a focus on automobile manufacturing. The project will be executed in phases over the next decade and the first phase is likely to complete in three years. The project would cover an area of about 6 sq km. The other industrial park project is planned near Ahmedabad. This project will focus primarily on power transmission and generation equipment manufacturing.
 
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