Pune is an epicentre of business and industry in Maharashtra. Among the various industries that exist in this city, engineering businesses have played a significant role in shaping the city’s economy. As a result, the city’s monetary situation has shifted substantially, and it has become a magnet for entrepreneurship, innovation, and corporate excellence.
In this article, we will take a look at the top 10 engineering firms in Pune, highlighting their significant contributions to both the local economy and the global engineering environment.
Business landscape in Pune
Renowned as the ‘Oxford of the East’ due to its prestigious educational institutions, Pune has harnessed a pool of skilled talent, providing a solid foundation for a diverse range of industries to flourish. While Information Technology (IT) and Software Services remain a cornerstone of the city’s economic prowess, the city has also become a hub of top engineering companies like Tata Technologies, Alfa Laval, Bharat Forge, etc. that are contributing to the city’s economy significantly.
Top engineering companies in Pune
Tata Technologies
Industry: Engineering
Company Type: Private
Location: Hinjawadi Rajiv Gandhi Infotech Park, Pune, Pimpri-Chinchwad, Maharashtra – 411057
Founded in: 1989
Tata Technologies, based in Pune, India, is a global engineering and product development IT services firm. It is a subsidiary of India’s largest and oldest conglomerate, the Tata Group. Engineering, manufacturing, product lifecycle management, and digital enterprise solutions are among the services offered by the firm to sectors such as automotive, industrial machinery, aircraft, and consumer products.
Alfa Laval India
Industry: Engineering
Company Type: Private
Location: Seva Nagar, Kasarwadi, Pimpri-Chinchwad, Maharashtra – 411034
Founded in: 1937
Alfa Laval India stands at the forefront of Pune’s distinguished engineering firms. Fluid handling, separation, and other related technologies constitute the company’s primary strengths. It also excels in providing process solutions, which cover categories like Brewery Solutions and Ballast Water.
Shapoorji Pallonji
Industry: Engineering & Construction
Company Type: Private
Location: SP Infocity Incubator, No. 4, Pune Saswad Road, Phursungi, Maharashtra – 412308
Founded in: 1865
Since its inception in 1865, the company has grown to become one of India’s biggest corporate giants. Founded by Shapoorji Pallonji Mistry, the group has diversified interests encompassing the construction, engineering, real estate, infrastructure, and renewable energy sectors. The company is renowned for its uncompromising dedication to quality, innovation, and sustainability and has played a significant role in defining India’s infrastructure environment by completing renowned projects nationally and internationally.
Bharat Forge
Industry: Engineering
Company Type: Public
Location: Pune Cantonment, Mundhwa, Pune, Maharashtra – 411036
Founded in: 1961
Hailing from Pune and extending its global presence, this multinational corporation is engaged in a diverse array of sectors, including oil and gas and locomotives, among others. Over time, this company has transitioned from its origins as a supplier of automotive components to a full-fledged engineering enterprise with supplementary ventures in rapidly expanding industries.
Kirloskar Brothers
Industry: Engineering
Company Type: Public
Location: Yamuna,Survey No. 98/(3-7), Baner, Pune, Maharashtra – 411045
Founded in: 1888
Primarily specialising in the production of pumps and foundries, this company stands as a foremost supplier of fluid management systems. Its scope of operations encompasses a wide spectrum of activities, ranging from power plants and oil & gas ventures to water supply, marine projects, and defence initiatives.
Praj Industries
Industry: Engineering
Company Type: Public
Location: Bhumkar Chowk, Hinjewadi Road, Hinjewadi, Pune, Maharashtra – 411057
Founded in: 1983
This versatile company operates in manufacturing, engineering and services, offering licensed engineering, and equipment design, among others. Additionally, with a focus on process and project engineering, it delivers design and engineering services for global markets.
Honeywell Automation
Industry: Engineering
Company Type: Public
Location: Hadapsar Industrial Estate, Pune, Maharashtra – 411013
Founded in: 1984
This firm is a market leader in integrated automation and software solutions, which include process and building solutions. It has a diversified product line in environmental and combustion controls, sensing, and automation. Furthermore, it provides engineering services in automation and control to clients all over the world.
ARS Engineering
Industry: Engineering
Company Type: Private
Location: Orient Plaza, Sr No 1085, Pune-Solapur Road, Maharashtra – 411013
Founded in: 2001
This company is a well-known industry leader and is known for producing, wholesaling, trading, retailing, and distributing a broad range of reciprocating piston air and gas compressors, screw compressors, and other products. Their products are coveted for their precision, reliability, outstanding performance, and lightweight construction.
Bipin Engineers
Industry: Engineering
Company Type: Private
Location: Kalash Industrial Park, near Chate College, Khed Shivapur, Maharashtra – 412205
Founded in: 1979
It stands as a pioneering manufacturer of Solar Systems and Food Processing Machineries. It proudly holds the distinction of being the first company in Maharashtra to achieve ISO 9001:2008 certification and BIS registration for its extensive range of solar products.
Neilsoft
Industry: Engineering
Company Type: Private
Location: Pride Parmar Galaxy, 8th Floor, Pune, Maharashtra – 411001
Founded in: 1991
This specialised engineering solutions and services provider aids clients in various engineering sectors, enhancing efficiency, global reach, and competitiveness. It offers services in machinery & equipment engineering, Building Information Modeling (BIM), and more.
Commercial real estate demand in Pune
Office space
Pune’s demand for commercial real estate has increased significantly as a result of the growing engineering businesses’ need for enormous quantities of office space. As a result, the city is experiencing an explosive construction of new office zones and towers.
Rental property
The advent of engineering enterprises has bolstered the rental market in the city. Property owners are observing continuous demand for commercial premises, which is resulting in increased competition for rental rates and rising property prices in key industrial regions.
Impact
The city has witnessed a significant shift in real estate development trends, with developers increasingly focusing on mixed-use developments that seamlessly integrate residential, commercial, and retail spaces. This innovative trend not only caters to the needs of engineering professionals but also enhances the quality of life for residents, fostering vibrant and self-sustaining neighbourhoods.
Impact of the engineering industry on Pune
Unquestionably, the engineering sector has changed Pune’s economic environment. It has not only sparked a significant increase in employment but also infrastructure growth. Additionally, the entry of engineering firms has sparked a boom in demand for commercial property, fueling the expansion of the real estate sector. The engineering industry’s symbiotic association with Pune’s economy has not only improved the city’s standing as a commercial centre but also made a substantial contribution to its overall development and prosperity.
FAQs
What sectors do engineering companies in Pune primarily operate in?
Engineering firms in Pune work in a variety of industries, including automotive, manufacturing, information technology, aerospace, and power generation, to mention a few.
What are the major sectors in Pune?
The automotive, engineering and IT sectors are major contributors to Pune's economic prosperity.
Where are most of the companies located in Pune?
Koregaon Park Magarpatta City Kalyani Nagar Hinjewadi Wagholi
What is the main source of income in Pune?
Pune attracts substantial foreign investments in manufacturing, engineering, and automotive, as well as thrives as a prominent software and IT services hub.
Which is the largest industrial area in Pune?
Pimpri-Chinchwad, located on Pune's outskirts, is one of Asia's largest industrial centres.
Which is the richest area in Pune?
Hinjewadi, Koregaon Park, Kalyani Nagar, and Baner are prized for opulent residences, premium amenities, and business proximity, and reign as Pune's most affluent and coveted locality.
What type of industries are there in Pune?
The region is well-known for its manufacturing, public and private research institutions, and information technology.
Do engineering companies in Pune engage in corporate social responsibility (CSR) activities?
Yes, many engineering businesses in Pune participate in CSR programs that benefit the community.
What are some recent technological advancements in the Pune engineering industry?
The adoption of sustainable technology, IoT integration, and automation are recent developments in the city.
What is the future outlook for engineering companies in Pune?
Engineering companies in Pune are well-positioned for sustainable expansion and are anticipated to be key players in determining India's industrial landscape, thanks to a solid foundation and constant innovation.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
