Microsoft Expands Its Footprint with a 16.4-Acre Land Parcel in Hinjewadi

Microsoft's Land Acquisition in Hinjewadi

Microsoft has recently made headlines by investing Rs 519.72 crore in a significant land acquisition. The tech giant purchased 66,414.5 square meters (16.4 acres) in Pune's Hinjewadi, according to registration documents reviewed by Square Yards. This transaction was concluded in August 2024 and involved acquiring land from Indo Global Infotech City LLP. A stamp duty of Rs. 31.18 crore and a registration fee of Rs. 30,000 were part of this deal.

Expanding Operations in India

This acquisition is part of a broader strategy by Microsoft to strengthen its infrastructure in India. In 2022, the company bought a 25-acre land plot in Pimpri-Chinchwad for Rs. 328 crore. Earlier in 2024, it invested in 48 acres of land in Hyderabad for Rs. 267 crore. With a focus on expanding data centre operations, Microsoft currently operates facilities in key Indian cities, including Pune, Mumbai, and Chennai.

Workforce and Initiatives

Microsoft's workforce in India numbers over 23,000 employees across various cities. Teams are involved in numerous business functions from sales to customer support. In early 2024, the company also launched the ADVANTA(I)GE INDIA initiative, aiming to skill 2 million individuals in AI and digital technologies by 2025, further indicating its commitment to nurturing talent within the region.