Sunday, March 1, 2009

Is Pune loosing its shine as preferred IT destination

Pune considered once as oxford, Detroit, silicon vally of India was a natural choice of any global IT investment decision. But its growth and expansion is taking its toll on the Basic competitiveness now.

Many delegations and investors are now pointing out following issues.

· Lack of connectivity (fewer Air connections and now international airport).
· High cost of land and office rentals. (sometimes foreign locations cheaper than pune)
· Frequent power cuts and lack of diesel availability to run generators
· Poor public transport and traffic indiscipline leading to long traffic hours.
· Absence of proactive Government official controlling crisis management
· Not a capital city.
· High wage structure expectation due to higher cost of living.

Now the next growth cities could be places like Kolhapur, nagpur, mangalore, ahmedabad, indore, chandigad, coimbatore, triavdnrum etc.

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