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Economy :
As one of the largest cities in India, and as a result of its many colleges and universities, Pune is emerging as a prominent location for IT and manufacturing companies to expand to.
Automotive :
The automotive sector is particularly prominent. All sectors of the automotive industry are represented, from two-wheelers and autorickshaws (Bajaj Auto, Kinetic Motor Company) to cars (Volkswagen,General Motors,Tata Motors, Mercedes-Benz,Fiat,Peugeot) Tractors (John Deere) to tempos and trucks (Force Motors). Automotive components (TATA Autocomp Systems Limited TACO, Visteon, Continental Corporation, ITW, SKF, Magna) are also manufactured here. Other automotive companies including General Motors, Volkswagen, and Fiat have set up greenfield facilities near Pune, leading The Independent to cite Pune as India's "Motor City" |
Infosys office building in Pune
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Other Manufacturing :
Engineering goods manufactured in Pune include forges (Bharat Forge), Truck Transmissions Systems, Clutches & Hydraulic components Eaton Corporation, and engines (Kirloskar Oil Engines,Cummins). Other major manufacturers include Alfa Laval, Thyssen Krupp and Black & Veatch.
India's largest engineering conglomerate the Kirloskar Group is based in Pune and was one of the first to set up manufacturing facilities in Pune. Kirloskar Brothers Limited (One of the World's largest Pump Company's),Kirloskar Oil Engines(The Worlds largest Genset Company), Kirloskar Pneumatics Co Ltd and other Kirloskar companies are based in Pune.
Other goods are also manufactured in the area. Electronic goods are manufactured by multinational companies such as the Whirlpool Corporation and the LG Group. Food giants like Frito Lay and Coca Cola have food processing plants. Many small and medium-sized companies are also active, producing components for larger companies and creating unique components for the Indian marketplace. |
Software & Information Technology :
Pune has a rapidly growing software industry as well, with multinational companies such as BitWise Solutions,Cognizant technology Solutions, BMC Software, Persistent Systems, Tata Consultancy Services, Tech Mahindra,Patni Computer Systems, Wipro and Infosys having large offices here. Some global organisations have set up their technology development centres in Pune, for example, Barclays Technology Centre, HSBC Global Technology Center and John Deere Technology Center. |
HSBC office building in Pune
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The growing software industry has led to the construction of IT parks to encourage new IT companies. This includes the Rajiv Gandhi IT Park at Hinjawadi, the Magarpatta Cybercity, the MIDC Software Technology Park at Talawade, the Marisoft IT Park and Kumar Cerebrum IT Park at Kalyani Nagar, the International Convention Centre (ICC), Weikfield IT Park and many others.
Business process outsourcing companies have also seen significant growth here, with companies like WNS, Kale Consultants, Convergys, MphasiS, Infosys BPO, EXL, Wipro BPO, Next, vCustomer, Ventura, 3 Global Services and others setting up operations here, including JCB Excavators LTD.
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Startups : Although the IT Services sector remains a major driver of the economy and jobs created here, Pune's NRI diaspora and first-generation of successful technology entrepreneurs are encouraging a renaissance of entrepreneurial activity. Active startup oriented organizations in Pune include the Pune OpenCoffee Club, NASSCOM Emerge and TiE Pune. Notable valley-based startups that have setup development centers in Pune include Dr. Suhas Patil's Cradle Technologies, Zmanda and Komli Media.
Social Networking sites in Pune :
To remain connected with Pune on virtual network you can join groups on linkedin, few famous groups are LinkedPune (www.linkedpune.com), connect pune, TechPune
Similar groups can be find on other social networking sites as well. It keeps you updated about different happenings in Pune |
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