Pune is an important regional center of the state of Maharashtra and is situated
approximately 180 km south coast of Mumbai. It occupies about 43.8 sq. miles of land and is
situated at the confluence of rivers Mula and Mutha. Pune offers very good natural ambience
and is surrounded by hills on all sides. One of the attractions of Pune city is the pleasant
climate throughout the year. Other highlights of the city are the development of
educational institutions of industrial and historical importance.
Pune is considered as the Oxford of Maharashtra and is a home to a number of
prestigious scientific institutes in astrophysics, advanced computation, bio-informatics and
academic institutes of higher learning like University of Pune, College of Engineering and
Gokhale Institute.
Pune is a fast growing industrial hub of the country. It is a home for Bajaj Auto
and Tata Motors, which are world's largest two-wheeler and passenger car and commercial
vehicle manufacturers. Daimler Chrysler also has an assembly line for its Mercedes Benz brand
in Pune. Bharat Forge Ltd., the world's second largest forging company is located here.
Other engineering companies include Cummins Engines Co. Ltd., Alfa Laval, Sandvik Asia,
Thyisen Krupp, KSB Pumps, Finolex, Greaves India, Forbes, Marshall etc. Pune has a growing
software industry. Many of India's leading software companies such as Infosys, Wipro, Satyam,
KPIT, Cummins etc., have their branches in Pune. Global companies like Global Technology,
IBM, Siemens etc., have presence in Pune. Information Technology (IT) parks developed in
the city are Hinjewadi IT Park, Magarpatta Cyber city etc. Hence Pune is emerging as a
new real estate hot spot and has seen the biggest growth in commercial and residential real
estate development during 2002-07 boom period. |