Bharat Forge, MIDC to setup Pune SEZ

Mumbai: Forging company, Bharat Forge and the Maharashtra Industrial Development Corporation (MIDC) have signed an agreement for setting up a 74:26 joint venture (JV) for developing a special economic zone (SEZ) in Pune district.

The SEZ will house companies involved in heavy engineering, auto (and components), gems and jewellery, IT and electricals and electronics.