Budget allocation
The Centre has earmarked Rs 5,000 crore in the Union Budget 2026 for the development of the proposed Pune economic growth hub, giving a major push to the project. (AI Image)
Background push
The Budget announcement comes months after Chief Economic Adviser BVR Subramanyam visited Pune in October 2025 to discuss a roadmap for converting the region into a high-growth economic zone. (AI Image)
City-based model
Pune is one of seven cities identified nationwide for the creation of city-based economic regions aimed at accelerating regional and sector-driven development. (AI Image)
Five-year funding plan
nder the scheme, each selected city, including Pune, will receive Rs 5,000 crore over the next five years to support planned infrastructure and economic initiatives. (AI Image)
State-level alignment
The Pune growth hub aligns with Maharashtra’s parallel plan to develop three growth hubs—MMR, Pune and Nagpur—in coordination with Niti Aayog. (AI Image)
Institutional collaboration
Niti Aayog, the Maharashtra government and Pune International Centre have signed an MoU to jointly plan and execute the Pune economic growth hub. (AI Image)
Master planning process
Pune International Centre is currently preparing a detailed economic master plan, with stakeholder consultations and data collection underway, and an interim report expected soon. (AI Image)
Geographical coverage
The growth hub spans 6,914 sq km, covering Pune district, PMC, PCMC, cantonment areas, municipal councils and key industrial authorities. (AI Image)
Overall investment size
The proposed master plan is estimated to involve a total investment of around Rs 80,000 crore, including public and private participation.
Development objectives
The project aims to position Pune as a global centre for technology, manufacturing, education, artificial intelligence and cultural heritage, while creating jobs and strengthening regional infrastructure.
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