Pune is located about 160 km south-east
of Mumbai and is the second largest city in the state of Maharashtra
and the eighth largest city in India. Known as “Oxford of
the East” Pune is the cultural capital of Maharashtra. Pune
has emerged as one of India’s top IT destinations in the
last few years.
Pune offers excellent facilities in terms of large spaces, good
infrastructure and manpower. Being home a large number of institutes
and universities, Pune offers a vast pool of skilled and qualified
local English speaking talent. Pune also offers good working environment,
lower commuting times and low operation costs.
Apart from the local manpower pool, Pune also has a large base
of people from other parts of the country as they enjoy living
in Pune with all its facilities, good climate and low cost of
living. As a result, Pune has one of the lowest attrition
rates in the ITeS segment. Pune has the highest per capita Income
in India, 50% higher than the average. More than half of the population
belongs to the middle and upper middle income group. 30% of the
total workforce is employed in service sector including IT.
The above factors coupled with quality real estate developments
have resulted in a number of IT/ITeS companies moving into Pune.
Pune is growing fast and the number of companies in the IT/ITeS
sector moving into Pune is increasing daily. Infosys, IBM, Convergys,
Wipro, EDS, Honeywell etc. are just a few of the many players
active in the Pune market today. |