This region is now undergoing a rapid transition in terms of infrastructural progress and development. The flourishing IT sector of Hadapsar, Phursungi & Kharadi, and the establishment of a number of firms like IBM India Ltd., Honeywell Technologies, Kirloskar Oil Engines, Hindustan Lever, APD Pvt. Ltd., Mellon Bank, IBM Daksh and Forbes Technosys, just to name a few, have made Phursungi an important corporate destination. Augmenting its importance are SEZs like Shapoorji Pallonji, the SEZ in Magarpatta & Multiservices SEZ from DSK. The basic infrastructure like water and power supply is truly exquisite. Phursungi is also well-connected to the Wadki Industrial Belt and Loni petroleum distribution hub that employs more than 20,000 people. The link road further connects Phursungi to Kondhwa, Bibvewadi, Katraj, Baner and Balewadi.
