37 IT companies move out of Hinjawadi due to traffic woes, claims news report
The Free Press Journal|May 31, 2024
Hinjawadi in Pune is known as a hub of IT companies, attracting techies from all over the country in search of job opportunities.

However, according to a report, 37 companies have moved out of the city due to traffic woes, and more are on the verge of leaving.

According to a report by the Marathi news channel Zee 24 Taas, there are a total of 150 companies in Hinjawadi IT Park, employing about 5 lakh people. Approximately 1 lakh cars ply in Hinjawadi every day, with each car staying on the road for one and a half to two hours due to heavy traffic. As a result, fuel worth lakhs of rupees is being wasted. Additionally, companies lose 25 dollars per hour. Consequently, 37 companies have moved out of the city, and more are about to leave, the Hinjawadi Industries Association told the channel.

This story is from the May 31, 2024 edition of The Free Press Journal.

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This story is from the May 31, 2024 edition of The Free Press Journal.

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