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Economy


As one of the largest cities in India and major centre of learning with several colleges and universities, Pune is emerging as a prominent location for IT and manufacturing. Pune has the eighth largest metropolitan economy and the sixth highest per capita income in the country.[81][82] Automotive companies such as Bajaj Auto, Tata Motors, Mahindra & Mahindra, Mercedes Benz, Force Motors (Firodia-Group), Kinetic Motors, General Motors, Land Rover, Jaguar, Renault, Volkswagen, and Fiat have set up greenfield facilities near Pune, leading The Independent to cite Pune as India's "Motor City".[83]
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.[84] Kirloskar Brothers Limited (One of India's largest manufacturer and exporter of pumps and the largest infrastructure pumping project contractor in Asia[85][86]), Kirloskar Oil Engines (India's largest diesel engine company[87]), Kirloskar Pneumatics Co. Ltd., and other Kirloskar companies are based in Pune.
The Hinjawadi IT Park (officially called the Rajiv Gandhi IT Park) is a project by the 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 ₹600 billion (US$9.2 billion).[88] To facilitate economic growth, the government made liberal incentives in its IT and ITES Policy, 2003 and leased properties on MIDC land.[89] The IT sector employs more than 70,000 people. Software giant Microsoft intended to set up a ₹7 billion (US$110 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.[92][93][94] NASSCOM in association with MIDC have started a co-working space for city based startups under its '10,000 startup' initiative at Kharadi MIDC.[95] 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.[96] 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, Benelli, Ducati, BMW and Harley Davidson.
Pune is the largest hub in India for German companies.[97] 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
Serum Institute of India, the world's fifth largest vaccine producer by volume has a manufacturing plant located in Pune.


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Geography

Pune lies on the western margin of the Deccan plateau at an altitude of 560 m (1,840 ft) above sea level . It is on the leeward side of the Sahyadri mountain range, which forms a barrier from the Arabian Sea . It is a hilly city, with its highest hill, Vetal Hill , rising to 800 m (2,600 ft) above sea level . Just outside the city, the Sinhagad fort is at an altitude of 1,300 metres (4,300 feet). It lies between 18° 32" North latitude and 73° 51" East longitude. Pune is 1,173 kilometres (729 mi) south of Delhi , 734 kilometres (456 mi) north of Bangalore , and 149 kilometres (93 mi) south-east of Mumbai by road. Central Pune is at the confluence of the Mula and Mutha rivers . The Pavana and Indrayani rivers , tributaries of the Bhima river , traverse the northwestern outskirts of metropolitan Pune. The city's total area is 729 square kilometres (281 square miles). [ citation needed ] Climate Pune has a hot semi-arid climate (...

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Population [ edit ] [ hide ] Pune population  Census Pop. %± 1901 153,320 — 1951 488,419 — 1971 856,105 — 1981 1,203,351 40.6% 1991 1,566,651 30.2% 2001 2,540,069 62.1% 2011 3,124,458 23.0% Source: Census of India The city has a population of 3,124,458 while 5,057,709 people reside in the Pune Urban Agglomeration is as of the 2011 census. [100] The latter was c.4,485,000 in 2005. The migrating population rose from 43,900 in 2001 to 88,200 in 2005. [101] According to the Pune Municipal Corporation (PMC), 40 % of the population lived in slums in 2001. [102] The sharp increase in the population during the decade of 1991–2001 can be attributed to the absorption of 38 fringe villages into the city. [103] Since Pune is a major industrial metropolis, it has attracted migrants from all parts of India. The top five areas of migration are Karnataka , Uttar Pradesh , Andhra Pradesh , Gujarat , and Rajastha...

Sports

Popular games and sports in Pune include athletics, cricket , basketball, badminton, field hockey , football, tennis, kabaddi , paragliding , kho-kho , rowing , and chess . The Pune International Marathon is an annual marathon conducted in Pune. The 2008 Commonwealth Youth Games were held in the city at the Shree Shiv Chhatrapati Sports Complex in Balewadi .The Chhatrapati Shivaji Stadium in the mangalwar peth area of the city is the venue for hosting wrestling and other traditional sports. Cricket Cricket is played between clubs affiliated with the Maharashtra Cricket Association , which maintains a domestic cricket team (the Maharashtra cricket team ). This team, one of three based in the state of Maharashtra , competes in interstate matches and leagues such as the Ranji Trophy . The Jawaharlal Nehru Stadium used to be the venue for National and One Day International matches until 2012. This stadium is named after the first Prime Minister of Independent India, Pandit Jawa...