Pune is considered the cultural capital of Maharashtra.[13] Since the 1950s and 1960s, Pune has had a traditional old-economic base. Most of the old industries continue to grow. The city is also known for its manufacturing and automobile industries, as well as for research institutes of information technology (IT), education, management and training, which attracts students, and professionals from India, South East Asia, the Middle East and Africa. Pune is also one of the fastest growing cities in the Asia-Pacific region.
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