Chakan: The most preferred investment destination

Situated at the outskirts of Pune City, Chakan has transformed into the major industrial and commercial hub in the Pimpari Chinchawad twin cities in Pune district. Best known as the automobile hub, Chakan hosts several MNCs and software companies. Special Economic Zone (SEZ), infrastructure development, ample availability of natural and human resources and state government’s pro industries policies have fuelled rapid industrial growth and development in Chakan making it the most preferred investment destination in Maharashtra.

Strategic Location

Chakan is located at the outskirts of Pune City. The national highway 50 that connects Pune to Nashik also shares connectivity with Chakan. Its proximity to Pune-Mumbai Highway, Pune-Nashik Highway and Pune-Ahmednagar-Aurangabad Highway makes it the most preferred choice of investment in the town. The state government has proposed international airport and metro projects in the Pimpari Chinchawad region, which has boosted the growth prospects in the region.

Industrial development

In order to bring foreign investment in the region, the government of Maharashtra has promoted Special Economic Zone (SEZ) in Chakan. It has since evolved into a major automobile hub. Chakan hosts automobile production plants of Volkswagen Group, Daimler-Benz, Mahindra & Mahindra, Jaguar Land Rover, Bajaj Auto and General Electric. Over 750 large and small industries, including a number of automobile component manufacturers are based in the area. The Chakan-Talegaon belt has developed well as an industrial corridor and is coming up as a twin city like Pimpri-Chinchwad. The news of the international airport is another growth driver due to which industries are keen to invest in Chakan.

Emerging E Commerce Hub

With rapid industrial development, Chakan is also emerging as an E Commerce hub. Amazon Seller Services have recently opened fulfillment center in Chakan. Along with E Commerce business, the fulfillment center is expected to enable the growth of ancillary businesses such as packaging, transportation, logistics, and hospitality across the State. The E Commerce growth has further boosted the growth of IT and ITeS in the region giving ample growth prospects for IT professionals.

The way ahead

The industrial growth in Chakan is getting stronger and there is huge potential for growth of IT. However, it requires an additional push on part of the government to exploit the full potentials of the region.

Chakan at a Glance...

Number of Resellers: 200 (Approx.)

Key Verticals: Automobile, Agriculture, Education, IT and ITeS

Prominent Brands: Dell, HP, Lenovo, Quick Heal, NPAV, Kaspersky, D Link

Prominent IT Association: Maval Association of Information Technology (MAIT)

Interview 1

Suresh Mohite, Owner, Aditi Enterprises

Being an industrial and commercial center, how has been the growth of IT industry in Chakan?

Suresh Mohite: Chakan is a prominent industrial and commercial hub in Pimpari Chinchwad. Being an automobile hub, there is growth in all ancillary businesses including IT and ITeS. The business is growing steadily and

Which are the major growth segments in IT industry?

Suresh Mohite: The ITeS segment is growing at a rapid pace in Chakan. The software industry is booming in the region. Many resellers and SIs are heavily engaged in Service business and it is flourishing day by day.