After 1960, Maharashtra Industrial Development Corporation (MIDC) began acquiring land and setting up industrial estates. Land was acquired near Waluj village on Aurangabad - Ahmednagar highway in the 1970s & 1980s. Total notified area is 1298 hectors. Industries which has made Waluj their home includes Bajaj Auto, Wockhardt, Colgate-Palmolive, Siemens, Baxter International, MAN Diesel etc. Aurangabad is now classic example of efforts of state government towards balanced industrialisation of state. A new industrial cum residential township has been planned at Waluj in Aurangabad by CIDCO. It is 12 km southwest of Aurangabad city and is well connected by road to the city. The new town is named as Waluj Mahanagar. This project is approximately eight times the size of those executed in Aurangabad city. CIDCO has conceived Waluj as a ring township, with the ring route acting as a spine for urban activities around the industrial center(MIDC), with independent and inter-linked nagars spread all around the core with their strong links between workplaces and residences. The ring routes also facilitate an easy and economic transportation system to operate within the new city. Development of Waluj is encouraged through the development of core units, boosting socio-economic development of the urban fabric. The township, when fully developed, will cover an area of around 100 km2.