Situated
just off the Mumbai - Pune Expressway, at Hinjewadi,
5 km from Pune City, is International Biotech
Park, a joint venture between Maharashtra Industrial
Development Corporation (MIDC) and TCG Real Estate.
This is the first public-private biotechnology
park initiative in Maharashtra. MIDC invited
The Chatterjee Group to participate as a majority
partner in the project and subsequent to this
the International Biotech Park Limited was incorporated
on 9th July 2003.
International Biotech Park Ltd. is an 81 acre
Park dedicated to Biotechnology in the field
of Pharmaceutical, Biotech products and processes.
There are 32 acres of notified Special Economic
Zone for Biotechnology products and processes.
Currently 40% of the project has been developed
and occupied by leading pharmaceutical and
biotechnology companies.
Overview and Current Status