From the 1990s Pune has emerged as one of the epicenters of best IT and Software services and is home to thousands of Software and IT companies, (big top, mid-level, small, startup). These information technology companies in Pune have been exporting IT and ITES services and pro exporting services globally as well as in local, and domestic markets.
These small and big IT companies in Pune employ a substantial population in the city. It is estimated that ITES and IT companies in Pune employ over 4 Lakh employees and the presence of such a big IT industry has a significant influence on the economy, realty, lifestyle, and culture of Pune city.
Technology industry also has had influences on the infrastructure development of the city. The government, MIDC (Maharashtra Industrial Development Corporation), IT industry associations like nasscom and infrastructure developers have also supported the promotion and commissioning of many Special Economic Zone (SEZ) and best IT Parks in Pune.
Pune has many IT parks offering the best infrastructure needed for a tech and IT company. These well-resourced and supported tech parks are having offices of established top IT companies in India as well as startup companies.
The Rajiv Gandhi Infotech Park in Hinjawadi, a project encompassing an area of about 2800 acres has been developed by MIDC (Maharashtra Industrial Development Corporation).
Pune has also emerged as a new hub for tech startups in India. NASSCOM, under its '10000 Startups' initiative and in association with MIDC, has started a co-working space for Pune based startups at Kharadi MIDC.
Software industry and IT companies in Pune are relatively more concentrated in the areas / neighborhoods of Hinjewadi (Hinjawadi), Magarpatta City, Baner and Kharadi in Pune city.
Many new graduates and freshers from all over India look up to IT companies in Pune to find their first job in the IT company to start their careers in the technology industry. This contributes to immigration towards Pune city.