56 Companies from Hinjewadi Migrated in other areas due to the traffic jam
Six multinationals companies working in the financial sector and fifty smaller companies have migrated from Hinjewadi IT Park, due to the traffic and lack of infrastructure at Hinjewadi IT Park. If the migration of companies continued the same, then the status of IT Park would be more prone to employment.
Hinjewadi is the largest IT park in the state. Many multinational companies, along with national companies, have started business-related companies from the state and outside the state. However, since the last several years, the Hinjewadi IT Park has been found in the traffic congestion. Traffic congestion and lack of infrastructure have become a key issue for the companies. In the last two years, two major companies of Hinjewadi IT Park were shifted to Balewadi and Kharadi respectively. While this experience is fresh, five to six multinationals companies working in the financial sector have said goodbye to Hinjewadi Park. About fifty, small companies have migrated to Wakad, Baner, Balewadi, Tirtha IT Techno Space and other areas of Pune. Multinational companies have shut down their Offshore Development Center (OSDC) in Hinjewadi Park. In the absence of infrastructure, companies are migrating from Hinjewadi Park. Companies such as IDM Works, Agmayt Intelligent, Crippen, have migrated to Baner, Balewadi and elsewhere, said by Sudhir Deshmukh, Coordinator, Free Up Hinjewadi Campaign.