Pune has the fifth largest metropolitan economy and the sixth highest per capita income in the country.
The key sectors of the local economy are education, manufacturing and information technology (IT).

Pune has historically been known as a center for higher education and has been referred to as the educational capital of India.
In 2016, it was reported that nearly 500,000 students from across India and abroad study in Pune at nine universities and more than a hundred educational institutes.

The Kirloskar Group came to Pune in 1945 when Kirloskar Brothers Ltd setup Kirloskar Oil Engines, India's largest diesel engine company, at Khadki.
The group has several group companies in Pune including Kirloskar Pneumatics and the groups flagship company Kirloskar Brothers Limited, one of India's largest manufacturers and exporters of pumps and the largest infrastructure pumping project contractor in Asia.
Automotive companies such as Bajaj Auto, Tata Motors, Mahindra & Mahindra, Skoda cars,   Mercedes Benz, Force Motors, Kinetic Motors, General Motors, Land Rover, Jaguar, Renault, Volkswagen, and Fiat have set up greenfield facilities near Pune, leading The Independent to describe Pune as India's "Motor City".
According to the Indo-German Chamber of Commerce, Pune has been the single largest hub for German companies for the last 60 years.
Over 225 German companies have set up their businesses in Pune.
Serum Institute of India, the world's fifth largest vaccine producer by volume, has a manufacturing plant located in Pune.
In 2014-15, the manufacturing sector provided employment to over 500,000 people.

The Rajiv Gandhi Infotech Park in Hinjawadi is a ₹ 60,000 crore (US$8.9 billion) project by the Maharashtra Industrial Development Corporation (MIDC).
The IT Park encompasses an area of about 2,800 acres (11 km²) and is home to over 800 IT companies of all sizes.
Besides Hinjawadi, IT companies are also located at Magarpatta, Kharadi and several other parts of the city.
As of 2017, the IT sector employs more than 300,000 people.

Pune has also emerged as a new hub for tech startups in India.
NASSCOM, in association with MIDC, has started a co-working space for city based startups under its 10,000 startups initiative at Kharadi MIDC.
Pune Food Cluster development project is an initiative funded by the World Bank.
It is being implemented with the help of Small Industries Development Bank of India, Cluster Craft to facilitate the development of the fruit and vegetable processing industries in and around Pune.

The Meetings, Incentives, Conferencing, Exhibitions trade is expected to be boosted since the Pune International Exhibition and Convention Centre (PIECC) opened in 2017.
The 97-hectare PIECC boasts a seating capacity of 20,000 with a floor area of 13,000 m² (139,931 sq ft).
It has seven exhibition centres, a convention centre, a golf course, a five-star hotel, a business complex, shopping malls, and residences.
The US$115 million project was developed by the Pimpri-Chinchwad New Town Development Authority.
Pune has the fifth largest metropolitan economy and the sixth highest per capita income in the country. The key sectors of the local economy are education, manufacturing and information technology (IT).
Pune has historically been known as a center for higher education and has been referred to as the educational capital of India. In 2016, it was reported that nearly 500,000 students from across India and abroad study in Pune at nine universities and more than a hundred educational institutes.
The Kirloskar Group came to Pune in 1945 when Kirloskar Brothers Ltd setup Kirloskar Oil Engines, India's largest diesel engine company, at Khadki. The group has several group companies in Pune including Kirloskar Pneumatics and the groups flagship company Kirloskar Brothers Limited, one of India's largest manufacturers and exporters of pumps and the largest infrastructure pumping project contractor in Asia. Automotive companies such as Bajaj Auto, Tata Motors, Mahindra & Mahindra, Skoda cars,   Mercedes Benz, Force Motors, Kinetic Motors, General Motors, Land Rover, Jaguar, Renault, Volkswagen, and Fiat have set up greenfield facilities near Pune, leading The Independent to describe Pune as India's "Motor City". According to the Indo-German Chamber of Commerce, Pune has been the single largest hub for German companies for the last 60 years. Over 225 German companies have set up their businesses in Pune. Serum Institute of India, the world's fifth largest vaccine producer by volume, has a manufacturing plant located in Pune. In 2014-15, the manufacturing sector provided employment to over 500,000 people.
The Rajiv Gandhi Infotech Park in Hinjawadi is a ₹ 60,000 crore (US$8.9 billion) project by the Maharashtra Industrial Development Corporation (MIDC). The IT Park encompasses an area of about 2,800 acres (11 km²) and is home to over 800 IT companies of all sizes. Besides Hinjawadi, IT companies are also located at Magarpatta, Kharadi and several other parts of the city. As of 2017, the IT sector employs more than 300,000 people.
Pune has also emerged as a new hub for tech startups in India. NASSCOM, in association with MIDC, has started a co-working space for city based startups under its 10,000 startups initiative at Kharadi MIDC. Pune Food Cluster development project is an initiative funded by the World Bank. It is being implemented with the help of Small Industries Development Bank of India, Cluster Craft to facilitate the development of the fruit and vegetable processing industries in and around Pune.
The Meetings, Incentives, Conferencing, Exhibitions trade is expected to be boosted since the Pune International Exhibition and Convention Centre (PIECC) opened in 2017. The 97-hectare PIECC boasts a seating capacity of 20,000 with a floor area of 13,000 m² (139,931 sq ft). It has seven exhibition centres, a convention centre, a golf course, a five-star hotel, a business complex, shopping malls, and residences. The US$115 million project was developed by the Pimpri-Chinchwad New Town Development Authority.
Pune