Part 3: Battle of the Cities – Choosing your Business Location in India (Pune)
Each of India’s 29 states have their own government, regulations, courts and taxes. Rent and other costs, availability of skilled labour, government and economic incentives can also vary greatly from city to city, even within the same state so it’s important for your company to carefully consider the pros and cons of different locations.
Why Pune?
In the first of this series we look at Pune. Pune is a city with a dual image – a flag bearer of traditional Maharashtrian culture and a modern industrial metropolis. Pune, also called the ‘Oxford of the East’, is known for its strong network of multidisciplinary and diverse base of educational institutions. It boasts a growing industrial hinterland, with several information technology and automotive companies setting up base in and around the city.
In this session we bring you firsthand accounts from UK companies that have successfully set up in India. Vandana Saxena Poria OBE, CEO, Get Through Guides shares her first hand experience of moving to the city and the benefits of developing a business in Pune and the future developments of the city, which will create greater connections between Indians developing cities.
Today, Pune figures prominently on the radar of local, national and international real estate investors and developers. Forbes Magazine rated the city as third best in the world’s top new business hubs after Chengdu in China and Toulouse in France. UN Industrial Development Organisation (UNIDO) earmarked Pune as a Dynamic City Region for Auto and IT Industry, while a study by Trammell Crow Meghraj ranks it as the fourth-best Indian IT destination.
Watch now to find out more.
