Pune to Emerge as Hub for Defence, Innovation, and Global Capability Centres
With policy incentives, defence corridors and innovation hubs, Pune is positioning itself as Maharashtra’s next global capability powerhouse.
The Maharashtra state government has announced a new industrial policy aimed at transforming Pune into a hub for economic development, defence manufacturing and innovation.
The state government aims to make Maharashtra a leading centre for GCCs internationally, with Mumbai and Pune being promoted as GCC hubs. The government will provide various incentives and support to encourage the growth of the GCC ecosystem in Pune.
Pune will be developed into a hub for GCCs, with the government providing wage subsidies, tax concessions, research and development support, tax deductions, and incentives for capital investment.
Innovation and Incubation Hub: An innovation and incubation hub will be established on approximately 100 acres of land in the Pune metropolitan area or Navi Mumbai to support startups, incubators, accelerators and research and development centers in leading sectors.
As part of this initiative, a defence corridor will be developed in Pune to boost the defence manufacturing sector. The corridor will be part of three defence corridors in the state, including Pune-Ahilyanagar-Chhatrapati Sambhajinagar, Nagpur-Wardha-Amravati-Savner and Nashik-Dhule.
The defence corridor will accelerate the aerospace and defence manufacturing sector in the state, leveraging Pune’s large manufacturing base and proximity to important infrastructure networks.
A National Accreditation Board for Testing and Calibration Laboratories (NABL) accredited testing and quality certification laboratory will be established in Pune to reduce product testing time for industries.
The new industrial policy is expected to boost Pune’s economy and industry, making it a leading destination for investments and talent. The city is already home to many national and international manufacturing companies and the development of the defence corridor and GCC hub is expected to further strengthen its position.
