What is industrial development?

Industrial development is the combination of Business, Technology, Government and Labour and successful projects. And it can only be delivered through co-operation between these contributors. Industrial development is the motive force behind economic growth.

The economy of Maharashtra is the largest in India. It is the third-most urbanized state with an urban population of 45% of the whole population.

What is the status of Industrial Development in Pune?

Pune, Maharashtra’s second-largest city and a hub for many automotive and IT companies. In the last two decades, Pune has significantly changed. From home to pensioners to IT Professionals and auto industry professionals and supplementary companies. Everyone has found a place for himself in Pune.

Pune’s industrial area has seen a major wave of change. From pensioner’s paradise to a manufacturing hub, automobile manufacturers and from supplementary companies to IT hub, everyone has invested heavily in Pune. IBM, Accenture, Wipro, Infosys, Tech Mahindra, Persistent Systems, TCS, Tata Technologies are the IT biggies who have invested in Pune. On the industrial front, Atlas Copco, Sandvik, Tata Motors, Bajaj Auto SKF Bearing and Forbes Marshall are the few names who have invested heavily in Pune.  

There are many elements to Pune’s Growth in the global map.  The setting up of new well planned industrial estates by the Maharashtra Industrial Development Corporation in the last few years has helped manufacturers find land for setting up of units. This has also played a major role in the development of Pune as an industrial hub. MIDC’s industrial estates at Ranjangaon, Hinjawadi, Bhosari, Hadapsar and in the Talegaon-Chakan belt, are relatively recent feathers in Pune’s cap. Maharashtra Industrial Development Corporation (MIDC) area in Pune, Pune division accounted for the highest investment and employment in Maharashtra in 2018-19.

As per the survey, 12,761 units operating from the MIDC areas in the Pune division attracted investment worth Rs. 69,208 Crore and produced employment for around 5 Lakh people. Pune is the centre for industrial investment, a large number of entrepreneurs made their investment in these units.  

Industrial development in its verge in Pune, as the Government is providing more benefits to the industrialist. Finding all the necessary infrastructure including uninterrupted power supply, skilled manpower, connectivity to different parts of the city are a few challenges for many industrialists.


Global Group comes out with all the necessary facilities under one roof. Global Group is one of the leading Industrial Developer in the World. Global Group’s new venture now is in Pune, with Global Tech Park, Global High Street, Global SEZ Tech Park, India Land Global Tech Park. With a variety of spaces for every industry, Global Group is becoming the first choice for Startup and well-established firms. Premier Ltd, ThyssenKrupp System Engineering India Pvt Ltd, PVR Cinemas are our new ally.  

To reach an infrastructure index, Global Group has considered all the aspects of States economic parameters such as population, material resources, like agriculture, livestock, and infrastructure industrial development have been incorporated in the state profile.

Conclusion:

Pune is one of the hottest destinations for all industrial Giants. Global Group is super excited to welcome and be a part by providing the required space and all the necessary facilities to the companies and be a partner of glory.