Land was acquired near Shendra village on Aurangabad - Jalna highway in the 1990s.
As part of its efforts, the MIDC developed the Waluj and Chikalthana Industrial Areas, which were soon snapped up.
Industries which has made Shendra their home includes Audi India, Škoda Auto, Volkswagen, Wockhardt, EtchON, Perkins Engines, Monginis.
Electrical goods major Siemens has set up a plant for manufacturing of bogies for locomotives, electric multiple units and metro coaches at Shendra MIDC Aurangabad.
[2] Recently Govt of Maharashtra has decided to acquire land from Shendra to Bidkin village under DMIC corridor for setting up of Shendra - Bidkin Mega Industrial Park.