Microsoft India Expands Presence in Pune with Rs 520 Crore Land Purchase
Microsoft India buys 16.4-acre land in Pune's Hinjawadi, pays Rs 520 crore. Second major land purchase in Pune after 25-acre plot in Pimpri-Chinchwad.
Microsoft IndiaPuneHinjawadiLand PurchaseData CentreReal Estate PuneSep 11, 2024
This is Microsoft India's second major land purchase in Pune, having earlier purchased a 25-acre plot for Rs 328 crore in Pune's satellite city of Pimpri-Chinchwad from Finolex Industries in 2022. The company is constructing a data centre on the Pimpri-Chinchwad land.Microsoft India is yet to comment on what it plans to do with the newly-acquired Hinjawadi land parcel. The company has been approached for comment and will provide a response when available.
Hinjawadi is home to the Rajiv Gandhi Infotech Park, a major hub for IT services and global capability centres in Pune. The area houses facilities of various technology and manufacturing giants.Earlier this year, Microsoft India purchased a 48-acre land parcel in Hyderabad for Rs 267 crore, to expand its data centre presence in India. As a data
Frequently Asked Questions
How much did Microsoft India pay for the land in Hinjawadi?
Microsoft India paid Rs 520 crore for the 16.4-acre land parcel in Hinjawadi.
What is Microsoft India's plan for the newly-acquired land in Hinjawadi?
Microsoft India is yet to comment on what it plans to do with the newly-acquired Hinjawadi land parcel.
How many people does Microsoft India employ in India?
Microsoft India employs around 23,000 people across development centres in Hyderabad, Bengaluru, and Noida.
What is the significance of the land purchase in Hinjawadi for Microsoft India?
The land purchase in Hinjawadi is a significant investment by Microsoft India, and is expected to support the company's growth plans in the region.
What is Microsoft's commitment to India?
Microsoft's investments in India are expected to create new job opportunities and support the country's economic growth. The company's commitment to India is a testament to the country's growing importance as a technology hub.
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