Pune, 10 December 2025: Pune is rapidly emerging as Maharashtra’s key industrial and technology growth hub as the state continues to strengthen its infrastructure and investment ecosystem. Major changes are underway in manufacturing belts like Chakan and IT corridors like Hinjewadi.
Senior government officials believe that the rising number of Global Capability Centres (GCCs) in Pune presents a major opportunity that can further boost the city’s global standing.
This was discussed at an international GCC conference organised by the Maratha Chamber of Commerce, Industries and Agriculture (MCCIA) on Tuesday at its office on Senapati Bapat Road. Representatives from more than 20 multinational companies participated in the discussions.
Senior officials including MIDC CEO Dr. P. Velarasu, Pune Municipal Commissioner Naval Kishore Ram, Additional Commissioner Prithviraj B. P., and Chief Minister’s Office investment advisor Kaustubh Dhavse shared the state’s vision.
Dr. Velarasu said Maharashtra has the capacity to become the country’s largest GCC hub. The state plans to establish 400 new centres over the next five years by creating strong infrastructure.
He highlighted that services contribute 64 percent of the state’s economy, nearly five lakh graduates pass out every year, and affordable office spaces along with business-friendly policies make Maharashtra highly attractive. He also stated that India’s target of becoming a 30 trillion dollar economy by 2047 is expected to see a major contribution from Maharashtra.
Kaustubh Dhavse said Pune holds a critical position in the state’s growth roadmap. He added that the city’s transport infrastructure will witness major upgrades over the next 18 months and stressed that no compromise will be made on development quality. He said Pune can become the country’s GCC capital if the government and citizens work together.
Municipal Commissioner Naval Kishore Ram said nearly 24 to 25 percent of India’s GCCs are already based in Pune. He credited the city’s long-standing IT ecosystem, skilled workforce, affordable housing, office space, and balanced growth model.
He compared Bengaluru’s talent strength, Hyderabad’s fast pace, and Pune’s steady and sustainable growth, noting that large infrastructure projects are being fast-tracked to support future expansion.
Dr. Velarasu also said the government is working to expand GCC growth beyond Mumbai and Pune into cities like Nagpur and Nashik. Apart from IT and financial services, policies are also being developed to attract sectors such as electric vehicles and the bamboo industry, creating a more diversified industrial base across the state.