Maharashtra CM Devendra Fadnavis recently expressed the state government’s intention to develop Pune as the startup hub for Maharashtra. He went on to say that Pune could be the startup hub of the country.
Sanchit Vir Gogia, Chief Analyst & CEO, Greyhound Research believes that Pune as a startup hub is actually a logical idea. He feels Bengaluru is saturating. The cost of living, office rentals or purchase prices, extensive travelling distances within the city (from an office space to the airport, for instance) is a becoming a put off for startups.
“Pune is an attractive prospect as it has a massive talent pool which is of good quality and it has fairly decent infrastructure. The Mumbai-Pune connectivity is also a strong factor that would attract startups,” says Gogia listing out the pros. Also, there are major data centres set up in and around Pune, which is one of the most enticing factor for startups. “Connectivity and Internet access are things which startups thrive on and Pune can offer that,” believes Gogia.
As Gogia puts it, it’s a very real possibility and Pune has all the ingredients to make a playing field where startups can flourish.