Microsoft Buys 2nd Land Parcel for Rs 453 Crore in Pune
Microsoft has strengthened its presence in India by acquiring a 66,450 square meter land parcel in Pune’s Hinjewadi area for Rs. 453 crore. This marks Microsoft’s second major land purchase in Pune within the past month. The investment supports the company’s strategy to expand its commercial real estate and data center operations in India. Microsoft’s recent acquisitions align with its broader goal of increasing its footprint in the Indian market, following similar deals in Pimpri-Chinchwad and Hyderabad. Additionally, Microsoft’s ADVANTA(I)GE INDIA initiative aims to train 2 million people in AI and digital skills by 2025.