Microsoft Expands Footprint in India with 16.4-Acre Land Acquisition in Pune
Microsoft purchases 16.4 acres of land in Hinjewadi, Pune for Rs 520 crore to expand its presence in India, focusing on data centres, development centres, and office spaces.
MicrosoftPuneLand AcquisitionData CentresCommercial Real EstateReal Estate PuneSep 12, 2024
The transaction, registered in August 2024, involved the purchase of land from Indo Global Infotech City. Notably, this is not the company's first major land acquisition in the region. In 2022, Microsoft had acquired a 25-acre plot in Pimpri-Chinchwad for Rs 328 crore.
Earlier this year, Microsoft secured 48 acres of land in Hyderabad for Rs 267 crore. Both deals are part of the company's expansion plans in India, particularly within its data centre operations. Currently, Microsoft operates a network of data centres in Pune, Mumbai, and Chennai.
The company's workforce in India comprises over 23,000 employees across cities such as Bengaluru, Chennai, Hyderabad, Mumbai, and Pune. In a bid to upskill the Indian workforce, Microsoft launched a skilling initiative in early 2024, aiming to equip two million individuals with AI and digital skills by 2025.
Information Microsoft is a leading technology company that has been investing heavily in India's growing tech landscape. With its expanding presence in the country, the company is poised to play a significant role in shaping India's digital future.Indo Global Infotech City is a leading real estate developer in India, known for its state-of-the-art infrastructure and facilities.
Frequently Asked Questions
What is the size of the land acquired by Microsoft in Pune?
16.4 acres
What is the purpose of Microsoft's land acquisition in Pune?
To expand its presence in India, focusing on data centres, development centres, and office spaces.
How much did Microsoft pay for the land in Pune?
Approximately Rs 520 crore
What is the current strength of Microsoft's workforce in India?
Over 23,000 employees
What is Microsoft's skilling initiative in India aimed at achieving?
Equipping two million individuals with AI and digital skills by 2025
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