Modern (1947- Present) :
After Indian Independence, Pune saw lot of developments like Formation of NDA Khadakwasla ,NCL Pashan and some other research institute. Pune also served as headquarters of Southern Command of army. Industrial developments started around 1950-60s in Hadapsar, Bhosari, Pimpari, Parvati Industrial estate. Telco (now Tata Motors) started operations in 1961 gave huge boost in automobile sector. Pune referred at that time as “Pensioners’ Paradise” as lot of government officers, Civil engineers, and Army personnel preferred to settle down in Pune after their retirement. Pune had 2 lakh bicycles at that time.In July 961, Panshet dam busted and its waters flooded the city, destroying most of the older sections, giving a chance for modern town planning concepts to be put into use. This unfortunate incident however led constructive developments in city as economy of city witnessed boom in construction and manufacturing sectors. |
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By 1966, the City has expanded in all directions. After 1970, Pune emerged as the leading engineering city of the country especially in the automotive sector with Telco, Bajaj, Kinetic, Bharat Forge, Alfa Laval, Thermax, etc. expanding their infrastructure, city also gained reputation of ‘Oxford of East’ due to large number of educational institutes. In Year 1989, Dehu Road-Katraj bypass (Western bypass) was completed, reducing traffic congestion in the inner city. In 1990 Pune begins to attract foreign capital particularly in the information technology and engineering industries; new businesses like floriculture and food processing begin to take root in and around the city.
In 1998, Work on the six-lane Pune-Mumbai expressway started and it was completed in 2001 as a huge proud for country. Two-three years before 2000 saw huge development in Information Technology sector as IT Parks formed in Aundh, Hinjewadi and Nagar road, Then within next 5 years that is by 2005, Pune overtook Mumbai, Chennai to have more than 2 Lakh IT professionals. Year 2008, saw huge developments near Chakan and Talegaon region with MNCs like General Motors, Volkswagen, and Fiat have set up greenfield facilities near Pune. Additionally, this year also saw Commonwealth Youth games which saw huge development in north-west region of city and added few CNG buses on Pune's road. |