By Soniya Gaonkar on Mar 20, 2019 9:44:15 AM
Hinjewadi - also known as the IT hub of Pune - has witnessed a rapid rate of growth in recent times.
A variety of never-seen-before employment opportunities have been opening-up, and, all of this has created a revolutionary buzz that has vastly contributed towards a positive shift in the fields of several industries; among which the IT Sector and the real estate industry cannot not be mentioned.
So much so, that if one wants to become a part of this growth driven escalation of Hinjewadi, RIGHT NOW is the best time to invest - in terms of career prospects, monetary investments and, a lot more.
A Brief History About Hinjewadi
One would easily fail to match Hinjewadi of yesterday with its current state of appearance and way of life.
In the late 1990's, Hinjewadi was an almost unheard-of and underdeveloped locality of Pune.
Local matters were dealt at the grassroots level by the Gram Panchayat, and, the whole environment vibe of the area was laid-back.
But, a time soon came when all of that changed for good, with the opening of the - Rajiv Gandhi Infotech Park.
Today, Hinjewadi is one of Pune’s fastest growing suburbs with plenty of opportunities to work, stay, and live a wholly holistic life.
Now, if you're reflecting on “What it's like to work in Hinjewadi”, then remain stress-free. Today we're going to briefly check some of the job opportunities in the booming suburb of Hinjewadi. Let's dive right in -
Emergence of the Special Economic Zone (SEZ)
Image source - www.simplynotes.in
In Asia, India was one of the first nations who realized the significance of a wholly dedicated and functional - Export Processing Zone.
The concept of Special Economic Zones (SEZ's) came into being to meet the deficit experienced due to the lack of an overall and top-grade infrastructural setup.
The objective of a SEZ is basically to create and nurture a (more than) stable environment and infrastructure which would then succeed in being able to install confidence among potential business investors.
With that goal in mind - the Rajiv Gandhi Infotech Park was built in Hinjewadi by the 'Maharashtra Industrial Development Corporation' (MIDC) - at an approximate cost of Rs. 155 crores.
Leading IT Firms in the Country
Hinjewadi is located in western half of Pune, and, lies almost adjacent to the Mumbai-Bengaluru Highway.
Most major global software companies have opened their corporate offices in this IT hub.
Infosys, Wipro, Cognizant, Persistent Systems, Synechron, Credit Suisse, etc. are some of the companies which have established their presence here.
The presence of these MNCs has given a major boost to the entire area – in terms of employment, real estate, connectivity, and even social infrastructure and facilities.
Job Opportunities in Other Sectors
Although a majority of the jobs in Hinjewadi are related to information technology, that is not the only field employing young talent.
Hinjewadi also has a decent base of manufacturing and biotechnology companies.
Due to the growing population base there are many hotels, international schools, real estate developments, etc. coming up in Hinjewadi.
All these create job opportunities in the area, and help to create a sustainable urban ecosystem.
The approval of the Pune Metro (by Pune Metropolitan Regional Development Authority) for establishing a link between Hinjewadi and Shivaji Nagar through twenty-three stations has been obtained.
This line faces a lot of traffic congestion and so once this metro line commences operations, it will effectively end the worries of traffic.
If the question “How is it to work in Hinjewadi” is bothering you then besides the plethora of opportunities, you work commute will be easy in times to come.
Proximity to the Pune-Mumbai Expressway and Mumbai-Bengaluru Highway is also an added advantage in Hinjewadi’s favour.
Finally, What Does the Future Hold for Hinjewadi?
Hinjewadi’s IT park is currently only in 3 phases. But there are plans to expand into many more phases, and give impetus to even more global MNCs to create employment opportunities.
Coupled with great connectivity and top quality residential projects, Hinjewadi is perfect for working professionals to stay, work and even invest in.
Related Post - Checklist for Buying a Home in Hinjewadi