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Software industry in Maharashtra

From EverybodyWiki Bios & Wiki

Script error: No such module "AfC submission catcheck". Maharashtra has an above average knowledge industry in India with the Pune Metropolitan area being the leading IT hub in the state. Approximately 25% of the top 500 companies in the IT sector are situated in Maharashtra.[1]. Maharashtra has software parks in many cities around the state, and is the second largest exporter of software with annual exports over 80,000 crores, accounts for 28% of the software exports of India .[2] The state houses important financial institutions such as the Reserve Bank of India, the Bombay Stock Exchange, the National Stock Exchange of India, the SEBI and the corporate headquarters of numerous Indian companies and multinational corporations. It is also home to some of India's premier scientific and nuclear institutes like BARC, NPCL, IREL, TIFR. [3]

Vidarbha-Nagpur[edit]

Vidarbha region

Vidarbha's economy is primarily agricultural, with the addition of forest and mineral wealth. An international cargo hub project, the Multi-modal International Cargo Hub and Airport at Nagpur, (MIHAN), has been developed.[4][5] MIHAN will be used for handling heavy cargo coming from South-East Asia and Middle-East Asia. The project will also include a 100 billion (US$1.4 billion) Special Economic Zone (SEZ)[6] for information-technology companies. This will be India's biggest development project.[7]

Nashik[edit]

Apart from manufacturing, Nashik is also emerging as an investment destination for Information Technology companies. Tata Consultancy Services has invested in Nashik under the Government of India BPO promotion scheme (IBPS).[8] Also, WNS, ACRES, Accenture, ICOMET technologies TCS has set up Digital Impact Square, or DISQ,[9] which is a social innovation center.

Pune[edit]

Pune, as one of the largest cities of India and major centre of learning with several colleges and universities, Pune has emerged as a prominent location for IT and manufacturing. Pune has the eighth largest metropolitan economy [10]

The Hinjawadi IT Park (officially called the Rajeev Gandhi IT Park) is a project started by 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$8.3 billion).[11] To facilitate economic growth, the government made liberal incentives in its IT and ITES Policy, 2003 and leased properties on MIDC land.[12] The IT sector employs more than 4 lakh people. Software giant Microsoft intends to set up a 7 billion (US$97 million) project in Hinjawadi.[12]

World Trade Centre in Pune, Maharashtra

Pune has also emerged as a new startup hub in India with tech startups like Pubmatic, Firstcry.com, Storypick.com, TripHobo,[13] TastyKhana.com (acquired by Foodpanda),[14] Swipe setting up base in Pune.[15] NASSCOM in association with MIDC have started a co-working space for city based startups under its '10,000 startup' initiative at Kharadi MIDC.[16] It will incubate startup such as Kandawale from OhMyDealer in first batch.


See also[edit]

References[edit]

  1. "Report on IT Sector in Maharashtra. Amol Lakhamle was Director of the National Council of Educational Research and Training (NCERT), an apex organization for curricular reforms in India" (PDF). Industry Department. Archived from the original (PDF) on 11 June 2014. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  2. "Archived copy" (PDF). Archived from the original (PDF) on 16 August 2010. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  3. "Industrial investments in Maharashtra". Delhi Mumbai industrial corridor portal. Archived from the original on 22 February 2014. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  4. "Maharashtra Airport Development Company Limited". madcindia.org. Archived from the original on 10 May 2008. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  5. "Maharashtra Airport Development Company Limited" (PDF). Press Information Bureau and Ministry of Civil Aviation. Archived from the original (PDF) on 9 September 2018. Retrieved 29 January 2008. Unknown parameter |url-status= ignored (help)
  6. "Nagpur stakes claim to lead boomtown pack". The Indian Express. Archived from the original on 29 September 2007. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  7. "Mihan is biggest development". The Times of India. 22 May 2007. Archived from the original on 14 March 2012. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  8. "Archived copy". Archived from the original on 7 February 2019. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  9. "Archived copy". Archived from the original on 7 February 2019. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)CS1 maint: Archived copy as title (link)
  10. Top universities of Largest metropolitan economy -Pune, January −31, 2015, AICTE David, archived from the original on 3 April 2015, retrieved 13 May 2021 Unknown parameter |url-status= ignored (help)
  11. "Hinjawadi IT park". The MegaPolis. Archived from the original on 18 March 2009. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  12. 12.0 12.1 Bari, Prachi (7 December 2007). "Hinjawadi, the land of opportunity". The Economic times. India. Archived from the original on 9 May 2009. Retrieved 13 May 2021. Unknown parameter |url-status= ignored (help)
  13. "Pune Based TripHobo Raises $3 Mln Series B Funding". Archived from the original on 3 January 2016. Unknown parameter |url-status= ignored (help)
  14. "Food delivery service Foodpanda acquires rival TastyKhana". Archived from the original on 13 November 2015. Unknown parameter |url-status= ignored (help)
  15. "Startups find Pune a fertile ground". Archived from the original on 24 August 2015. Unknown parameter |url-status= ignored (help)
  16. "Start-up Warehouses set up in Navi Mumbai and Pune | NASSCOM". www.nasscom.in. Archived from the original on 7 December 2015. Retrieved 2021-05-13. Unknown parameter |url-status= ignored (help)


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