The Phenomenal Growth of Hinjewadi
Hinjewadi is the best example of an inclusive growth. The development that has happened in the last five years has definitely helped Pune’s progress. It is shaping into a self sufficient place. Present day Hinjewadi is a culmination of the past progress and rapid urbanization.
Hinjewadi, once a sleepy village is technology hub of Pune city today. For growth of IT sector in Pune, there was a need of creating an exclusive IT park. Hinjewadi was advantageous due to its close proximity to Mumbai and industrial belt in Pimpri Chinchwad. In the span of 10-15 years Hinjewadi adopted this change. And it has had some brilliant outcomes:
The Internationally known Rajiv Gandhi Infotech Park.
Hinjewadi contributes around 60% of Maharashtra’s total IT exports.
Generates revenue above 3000 crores.
As per NASSCOM report the information technology and IT enabled services sectors are expected to grow 12 to 14%. Considering this, one can easily expect Hinjewadi to grow around 15%.
Over 7 Lakh people work at Hinjewadi today.
Around 90 companies work in 2 phases in Hinjewadi.
Recently, exports from IT Park were valued nearly 7% of India’s total IT exports.
There are 3 reasons which can explain us why Hinjewadi is and will be a preferred location for the foreign investments.
Firstly, the companies already have their presence here but there are many others who want to be the part of the park’s success story.
Secondly, there are a lot of good educational institutes in Hinjewadi and at places like Wakad, Balewadi, Aundh etc. which will produce the bright minds needed by the companies situated in Hinjewadi.
And thirdly, the residents in and around Hinjewadi will do the remaining job of developing Hinjewadi and making it a better place.
Hinjewadi will be developed in 4 phases of which 2 are complete and 3rd is being developed presently. Marunji, Mhalunge, Gawarwadi and Devad are the villages which are merged into Hinjewadi. As IT developed here, lot of other amenities blossomed to give Hinjewadi a completely new avatar.