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Pune is one of the largest cities in India and one of the hottest centres of IT and manufacturing companies. It is the sixth largest metropolitan economy in the country.
The automotive sector is the most flourishing sector in Pune. The Automotive Research Association of India is based in the Oxford of the East. Automotive companies like Tata Motors, Mercedes Benz, Force Motors (Firodia-Group) are based in Pune. Automotive companies including General Motors and Fiat have set up greenfield facilities adjacent to the city. It is because of its contribution in the field of automobiles, Pune is dubbed as India’s "Motor City".The city also houses innumerable automotive component manufacturers like Saint-Gobain Sekurit, TATA Autocomp Systems Limited,Robert Bosch GmbH, ZF Friedrichshafen AG, Visteon, and Continental Corporation are located here.
The Kirloskar Group which is the largest engineering conglomerate introduced ‘industry’ in Pune by establishing Kirloskar Oil Engines Ltd. in 1945 at Kirkee. The HSBC Global Technology Center located at Kalyani Nagar develops complete software for the entire HSBC group.
The famous Hinjawadi IT Park is a project started by MIDC to promote the IT sector in Pune. The lovely city provides employment opportunities to more than 70,000 people. At present several giant software companies named Infosys, Accenture, Persistent Systems, Capgemini, Wipro, Satyam, TCS, Cognizant, Tech Mahindra, Syntel, Zensar, Oracle Corp, Neilsoft and IBM global are situated in Pune.