growth, the government made liberal incentives in its IT and ITES Policy, 2003 and leased properties on MIDC land. The IT sector employs more than 70,000 people. Major software companies in Pune include Infosys, Persistent Systems, Geometric Limited, 3dPLM Software Solutions Ltd., Symphony Services, Wipro, TCS, Cognizant, Symantec, Amdocs, Tech Mahindra, Syntel, Fujitsu, L&T Infotech, Zensar, Atos, Cybage, IBM global, Sybase, Allscripts and Crest Premedia Solutions (P) Ltd. Software giant Microsoft intends to set up a 700 crore (US$126.7 million) project in Hinjewadi.
Pune and around houses foreign direct investments like Alfa Laval, Sandvik, Atlas Copco, Keihin FIE, Panasonic, Sharp, Enkei, Tata Tokyo, Tata Yazaki, Tata Yutaka, and Lumax.
Pune Food Cluster development project is an initiative funded by the World Bank. It is being implemented with the help of SIDBI, Cluster Craft to facilitate the development of the fruit and vegetable processing industries in and around Pune
