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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]...