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It was founded as Venkateshwara Hatcheries Pvt Ltd in 1971 in Hyderabad, India and later shifted its base to Pune, India to seek favourable climatic conditions required for research of livestock. It has also built Balaji temple at Pune which is a replica of famous Balaji temple of Tirupati.
Chakr Shield is a patented Retrofit Emission Control Device (RECD) by Chakr Innovation. It was also the first in India to get a Type Approval Certification from CPCB-certified labs like ICAT and ARAI for its capability to reduce the pollution from diesel generators by up to 90%. [1] [10]
The Automotive Research Association of India [5] (ARAI) is located in the western part of Pune, Maharashtra. [6] The 105 hectares (260 acres) of land houses various laboratories, test facilities spread over 8343 m 2 of area. It is well connected by air, rail and road about 25 km from Pune Airport and 12 km from the railway station.
Microsoft India Development Center (IDC) is a subsidiary of American software company Microsoft Corporation, headquartered in Hyderabad, India.The company first entered the Indian market in 2002 and has since worked closely with the Indian government, the IT industry, academia and the local developer community to usher in some of the early successes in the IT market.
On 5 February 2019, a Cessna 172, VT-RDX crashed near Indapur, Pune. The flight was a normal training session for a trainee pilot who took off at around 12:30 IST. The cause of the crash was a snag in the engine which lost him some altitude at around 3500 feet due to which the pilot tried to land on a road.
Bharat Forge's special economic zone (SEZ) named as Khed City [3] is the biggest SEZ in Pune spread over 1,000 ha (2,500 acres) of notified land in Khed taluka. [ 4 ] [ 5 ] [ 6 ] MARS International India Pvt.Ltd., the global manufacturer of chocolates, snack foods and pet foods acquired a large parcel of land in Khed City (Bharat Forge's SEZ).
Pune is a well known manufacturing and industrial center of India. With an estimated nominal GDP of Rs. 3,31,478 crores for year 2019–20, Pune District is the third largest contributor to the economy of Maharashtra, after Mumbai and Thane. Pune has the fifth largest metropolitan economy and the sixth highest per capita income in the country.
CRISIL, was the first credit rating agency in India, introduced in 1988 by the ICICI and UTI jointly with share capital coming from SBI, LIC and United India Insurance Company. In April 2005, US based credit rating agency S&P acquired the majority shares of company.