How Pune And Nagpurare Becoming Emerging Frontiers Of The Indian IT Industry

How Pune And Nagpurare Becoming Emerging Frontiers Of The Indian IT Industry

The onslaught of the COVID-19 pandemic in 2020 caused businesses to ‘pause, reflect and reassess’. With the number of COVID-19 cases skyrocketing in metropolitan cities, business as usual was disrupted. And several eyes were fixed on the IT hubs of the country to top IT companies in Pune become saviours of the economy when many other sectors took a blow due to the pandemic-induced disruptions. At such a time, it was the Tier 2 and 3 cities of the country that have emerged as the frontiers of the IT industry.

With an increasing number of people connected to the Internet and allied technologies, India’s IT companies need to serve a lot more beyond major metros, than ever. Rapidly growing digital penetration has fuelled the growth of hyperlocal businesses, necessitating IT majors to recalibrate their focus on Tier 2 and 3 cities that will emerge as ‘destination next’ for the Indian IT industry. This phenomenon would add a significant dimension to India’s growth story, as it provides an opportunity to bridge regional disparities, contribute to employment generation and boost the local economy. At the same time, these cities service global businesses, functioning as development and R&D centres for international companies, thereby adding to India’s GDP growth. Through the pandemic, they’ve shown unmatched resilience.

The growth of several top IT companies in Pune has led to the emergence of satellite markets such as Magarpatta and Hinjewadi, etc. Access to affordable English-speaking labour, road and rail connectivity, conducive government policies and low rentals make Pune and Nagpur attractive destinations for IT companies to set up base.These cities have grown on the back of technology parks, urban infrastructure and residential facilities that support and further their IT ecosystem.

While Pune has already embarked on afast growth trajectory, Nagpur too is following suit.  The influx of IT companies in Nagpur is driving economic growth, upward social mobility for future generations and establishment of quality infrastructure in the city, catalyzing its transformation into a metropolitan city.  Here’s a look at some of the top IT companies in Nagpur, that are attracting talent:

  • Persistent Systems Ltd – Founded in 1990, Persistent is a global company specializing in software products services, and technology innovation. This IT company provides enterprise and software solutions that are at the core of digital transformations.
  • HCL Technologies – An Indian IT Giant, HCL is celebrated for its employees – first attitude and the concept of ‘Ideapreneurship’ ™, which makes each and every employee responsible for their brilliance. This Indian multinational delivers innovative technology solutions built around Digital, IoT, Cloud, Automation, Cybersecurity, Analytics, Infrastructure Management and Engineering.
  • Tech Mahindra – With a global footprint and a customer base they claim to be impressive and satisfied, Tech Mahindra is one of the largest IT companies in India. Headquartered in Pune, Tech M as it is fondly called by its employees has a strong employee base in Nagpur as well, which caters to global clients.
  • Infosys-An Indian IT Behemoth, Infosys is obsessed with giving employees the best opportunities it can provide. As one of the oldest technology companies in the country, it is a great learning ground for freshers in Nagpur.
  • Hexaware Technologies – Built on the twin foundations of innovation and automation, Hexaware looks to constantly add value for those it works for, and for those who work for it.

For recent graduates, the establishment of local IT offices means access to employment in the state without migrating to crowded metropolitan cities- a key pull factor for them. By providing localized job opportunities, India’s IT majors will create another growth story that will be bolstered by infrastructure development, propel urbanization and unlock economic potential of Tier 2 and 3 cities.

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