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Time of India

Fadnavis launches Pune Metropolitan Region Growth Hub in city

1 2 Pune: Chief minister Devendra Fadnavis on Friday said the city has the potential to transform into a global economic centre by capitalising on its innovation, educational ecosystem and manufacturing strength. He was speaking at the inauguration of the Pune Metropolitan Region (PMR) Growth Hub at the Yashwantrao Chavan Academy of Development Administration (Yashada), jointly organised by Niti Aayog , Pune Metropolitan Region Development Authority (PMRDA) and the Pune International Centre (PIC). "Cities cannot dominate in regions alone anymore. Pune is progressive and innovative; it will create its own strength by entering new sectors," Fadnavis said at the event. You Can Also Check: Pune AQI | Weather in Pune | Bank Holidays in Pune | Public Holidays in Pune He emphasized the need for planned development to enhance ease of living and attract global investment. Maharashtra govt, with support from NITI Aayog and PIC, will prepare a comprehensive growth strategy in the next four to five months. Both Pune and Mumbai are part of the 14 growth hubs announced by the centre. Fadnavis cited Pune's strength in skilled manpower and AI-based innovation. He also highlighted the 'Educity' project in Navi Mumbai, where five global universities have signed MoUs and 50,000 students are expected in the next few years, generating Rs 2,000 crore in GST and skilled talent. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Everyone Is Talking About CHAGEE's Silent Café Concept squarerooms Learn More Undo Deputy CM Eknath Shinde said the Growth Hub will usher in a new era of development while preserving Pune's tradition and environment. "This initiative aims to align economic growth with people-oriented welfare. Pune's strengths in technology, AI, manufacturing, and education will make it a globally competitive city," he said. He added that rural areas would also benefit from urban growth via infrastructure and connectivity. NITI Aayog CEO BVR Subrahmanyam said the Growth Hub initiative, launched in 2023, aims to double PMR's economy from the present $58 billion modelled on Mumbai's $140-300 billion target in five years. Additional chief secretary Rajagopal Deora announced similar hubs will follow in Nagpur, Chhatrapati Sambhajinagar, and Nashik.