PUNE-Industrial Development Post Independence

By shivam → Thursday, 12 January 2017

Emerging Trade

World Trade Center , Pune

Pune,the cultural capital of Maharashtra,has emerged as one of the major industrial zone at the national level in terms of Business and Industrial Goods,Household Goods with excellent Transport Services . The transport services are the strength of trade sector making goods transport smooth and easy to reach at every corner of the city.The metro city is giving a good competition to Mumbai in terms of Industrial Development and Business growth. 

Industrial Development creating opportunities

There has been a significant establishment of industries in Pune after Independence.The emergence of industrial Pune began in the early 1960s, with mechanical engineering industries arriving. Pune's proximity to Mumbai, good climate, and availability of talent made it a destination for large firms like Tata Motors (TELCO then), Thermax, Buckau Wolf (ThyssenKrupp now), Kirloskar Group, KSB Pumps, Cummins, Hindustan Antibiotics, and several others. Serum Institute of India, the world's fifth largest vaccine producer by volume has a manufacturing plant located in Pune . Pune is the largest hub in India for German companies.According to the Indo-German Chamber of Commerce, Pune has been the single largest hub for German companies for the last 60 years. Over 225 German companies have set up their businesses here.

The Kirloskar Group, was the first to bring industry to Pune by setting up Kirloskar Oil Engines Ltd. in 1945 at Kirkee in Pune. The Group was originally set up in Kirloskarwadi.Kirloskar Brothers Limited (India's largest manufacturer and exporter of pumps and the largest infrastructure pumping project contractor in Asia), Kirloskar Oil Engines (India's largest diesel engine company), Kirloskar Pneumatics Co. Ltd., and other Kirloskar companies are based in Pune.

The Hinjawadi IT Park (officially called the Rajeev Gandhi IT Park) is a project being started by MIDC to house the IT sector in Pune. When completed, the Hinjawadi IT Park is expected to encompass an area of about 2,800 acres (11 km2). The estimated investment in the project is INR 600 billion (US$8.9 billion).To facilitate economic growth, the government made liberal incentives in its IT and ITES Policy, 2003 and leased properties on MIDC land.The IT sector employs more than 70,000 people. Software giant Microsoft intends to set up a INR 7 billion (US$100 million) project in Hinjawadi.

Pune Food Cluster development project is an initiative funded by the World Bank. It is being implemented with the help of SIDBI, Cluster Craft to facilitate the development of the fruit and vegetable processing industries in and around Pune.

Pune has also emerged as a new startup hub in India with tech startups like Pubmatic, Firstcry.com, Storypick.com, TripHobo,TastyKhana.com (acquired by Foodpanda),Swipe setting up base in Pune.NASSCOM in association with MIDC have started a co-working space for city based startups under its '10,000 startup' initiative at Kharadi MIDC.It will incubate startup such as Kandawale from OhMyDealer in first batch.

The Meetings, Incentives, Conferencing, Exhibitions trade is expected to get a boost once the Pune International Exhibition and Convention Centre (PIECC) completes in 2017. The 97-hectare PIECC will boast a seating capacity of 20,000 with a floor area of 13,000 m2 (139,931 sq ft). It will have seven exhibition centres, a convention centre, a golf course, a five-star hotel, a business complex, shopping malls, and residences. The US$115 million project is developed by the Pimpri-Chinchwad New Town Development Authority.Nowadays a growing number of automotive dealerships are springing up all over the city. They include luxury car makers like Jaguar Land Rover, Mercedes Benz, BMW, Audi, and motorcycle manufacturers like Kawasaki, KTM, and Harley Davidson.

The growing market , Transport Services,Educational Institutions,Real Estate Business etc. can be seen as a by product of the Industrial Development.Having a lot of industries creates good job opportunities for people.This ultimately leads to growth in the economy of a city.Each year , several people come and settle in Pune due to their jobs here and a better environment to live in .As one of the largest cities of India , Pune is emerging as a prominent location for Information Technology  and manufacturing . It has also become a learning hub with several colleges and universities . Pune has the eighth largest metropolitan economy and sixth highest per capita income in the country, Automotive companies such as Tata Motors,Mahindra & Mahindra,Mercedes Benz,Land Rover,Jaguar,Renault,Volkswagen etc. have setup greenfield facilities near Pune ,leading Pune to be called as India's "Motor city".

Public Transport in Pune

When talking about transport services , one will definitely mention about Public Transport in Pune . Public buses within the city and its suburbs are operated by the Pune Mahanagar Parivahan Mahamandal Limited (PMPML) . The PMPML operates a special kind of bus system known as Pune Bus Rapid Transit system , the first of its kind in India , in which dedicated bus lanes are supposed to allow the buses travel quickly through the city . In reality , the project has turned out to be a failure receiving little to no patronage from the local citizen . Maharashtra  State Road Transport Corporation runs buses from its main stations in Shivajinagar , Pune station and Swargate to all major cities and towns of Maharashtra and also to neighbouring states. Private companies too run  buses thereby giving a tough competition to Government sector . Talking from industrial point of view , various companies have been emerged to provide truck booking facilities for traders and industrialists.With growing digital world , now you can book these services online using various websites like GoodsOnMove which provide you a simple and easy booking service and saves your time , money and hassle!!
For more details , visit 

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Goods On Move

It is a logistic firm focusing on truck booking with the transportation of freight all over India. We provide our clients a bidding platform which focuses on individual consignments and consignees.

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