Pune is the second largest city in the state of Maharashtra and is located 150 km east of Mumbai, the state’s capital. The city of Pune is a renowned tourist destination, home to many historical monuments, palaces and museums.
Pune is a strong player in the engineering and automotive industries, food and agro and IT/ITeS.
This majorly industrial city has boomed in recent years thanks to the establishment of several SEZs and industrial clusters in: IT/ITeS, hardware and software, electronics, pharmaceuticals and biotech and food and agro.
Pune is an important education hub, with its schools and colleges known for their quality of education. Some of the most popular educational institutions are: Symbiosis International University, Pune University, Bharati Vidyapeeth, Institute of Armament Technology and Dr. D.Y. Patil University.
Pune is a key supplier and resource centre for the entertainment industry based in Maharashtra and Mumbai’s widely popular Hindi film industry. The renowned Film and Television Institute of India (FTII), one of the oldest and finest institutes in the field of training in film making and television programme production, is located in Pune.
The state of Maharashtra accounts for 38% of the country’s automobile manufacturing and Pune is one of its major production centres. Companies like Bajaj Auto Limited, Volkswagen India, Daimler Chrysler Limited, Tata Motors and John Deere all have manufacturing facilities in Pune. Furthermore, the engineering sector in Pune is highly diversified with an important output of engineering goods, machinery and automotive parts. Key engineering companies such as Bharat Forge Limited, Cummins Engines, Bosch and Honeywell are also located in Pune.
Pune’s IT and electronics sector has grown considerably, largely due to the many industrial clusters and SEZs dotted around the city. Major software companies have operating and BPO centres, back-end support services, R&D and captive facilities in Pune: Accenture, IBM, Symantec, Infosys, Tata’s TCS, Wipro and HSBC amongst many others.
The city’s retail sector is expected to witness a 51% compounded growth over the next five years, one of the most active markets in western India. Pune has boosted the real estate sector with a growing demand for commercial space and luxury housing complexes.