Economy of Bangalore - Wikipedia. The headquarters of Infosys, India's second largest IT company, is located in Bangalore. The Economy of Bangalore is an important part of the economy of India as a whole. India became independent from Great Britain in 1. The establishment and success of high technology firms in Bangalore has led to the growth of Information Technology (IT) in India. Bangalore is nicknamed the Silicon Valley of India. The name signifies status of Bangalore as a hub for information technology (IT) companies in India and is a. Explore the list of IT companies in Bangalore along with address and phone details. Information about Software Companies in Bangalore. Biocon Limited (BSE: 532523) is an Indian biopharmaceutical company based in Bangalore, India. The Company manufactures generic active pharmaceutical ingredients. IT firms in Bangalore employ about 3. India's pool of 2. IT professionals and account for the highest IT- related exports in the country .[citation needed]Estimates of the city's income Metro GDP have ranged from US$4. US$8. 3 billion (PPPGDP), and have ranked it either fourth- or fifth- most productive metro area of India.[1][2][3][4]One of the important factors spurring Bangalore's growth was heavy central government investment in Bangalore's public sector industries, partially because it is geographically out- of- reach from India's rivals Pakistan and China. This led to the concentration of technical and scientific navigator in Bangalore, and is a factor in leading the "IT revolution" in Bangalore. Karnataka's political leaders such as D. Devaraj Urs, Ramakrishna Hegde, Gundu Rao, Veerappa Moily, H. D. Deve Gowda, J. H. Patel and S. M. Krishna each played a pivotal role in the development of Information Technology and Business Process Outsourcing (BPO) in Bangalore. When R. K. Baliga, Founder of the Electronics City proposed the concept of developing the electronic city in the early 1. Kengeri Satellite Station Bus Number Timings. Mysore Road Satellite Bus Station popularly known as MCTC, is one of the six major bus stations that serve as bus. Chief Minister D. Devaraj Urs at that time supported him and approved the project. This initial seed investment by the Karnataka State Government in 1. Electronics City. Silicon Valley of India[edit]Bangalore is nicknamed the Silicon Valley of India. ![]() The name signifies status of Bangalore as a hub for information technology (IT) companies in India and is a comparative reference to the original Silicon Valley, based around Santa Clara Valley, California, a major hub for IT companies in the United States. Bangalore, however, is located on a plateau and not in a valley; the use of the term in reference to Bangalore is not truly toponymous. One of earliest mentions of this sobriquet occurred in late 1. Indian Express.[5] The more prevalent application of the nickname Bangalore began in the 1. Research and Development (R& D), electronics and software production. The Electronics City was the brainchild of R. K. Baliga, the first Chairman and Managing Director Karnataka State Electronics Development Corporation, a government owned agency aimed at expanding the electronics industry in the state of Karnataka established in 1. Baliga proposed the concept of developing the electronic city in the 1. The agency purchased 3. Bangalore for its Electronics City project, which was meant to establish an industrial park in Bangalore. Notwithstanding complaints by the industrial park's tenants on the condition of the roads, power and water availability, KEONICS claimed initially that the title of Silicon Valley of India belonged to the city's Electronics City campus.[6] As part of its promotion of this concept, KEONICS distributed reprints of an article entitled Can Bangalore become India's Silicon Valley" that first appeared in "Plus: The Total Computer Magazine". The article made references to studies of Bangalore published by United States Agency for International Development (USAID) that favourably evaluated Bangalore's capacity to grow into a high technology hub, similar to the Silicon Valley. The publication also published interviews with IT industry professionals on the state of the IT industry in Bangalore and their perceptions of what lay ahead in the future. Selected quotes from the interviews included: If the Centre looks at Bangalore to be made into Silicon Valley, it would certainly become the Silicon Valley; If you are talking of a Silicon Valley kind of atmosphere, then Bangalore already has it, but if you are talking of a product a day, then we are far from it; Bangalore is certainly emerging as a software and R& D subcontracting centre for multinationals; It is not an unreasonable comparison to make between Bangalore city and Silicon Valley; Bangalore has the ingredients to become Silicon Valley.. It is probably the only city in India that could become one.[6]The turn of the millennium witnessed the growth of internet based technologies which resulted in the dotcom boom. Bangalore's IT industry grew during this period with the establishment of local and foreign IT companies. In 2. 00. 1, Business. Week published an article entitled "India's Silicon Valley" which traced the growth of the IT industry in India and particularly in Bangalore. The use of the term "Silicon Valley of India" to refer to Bangalore grew in local media and as time progressed, in international media too. An article entitled "Is the Next Silicon Valley Taking Root in Bangalore?" appeared in the New York Times in 2. Indeed, some articles in the western media wondered if the original Silicon Valley would one day be functionally replaced by Bangalore[8]Shashi Tharoor, has suggested that in place of the cliché of Silicon Valley of India, Silicon Plateau of India would be appropriate.[9]Information Technology (IT)[edit]Bangalore is called the 'Silicon Valley of India' due to the large number of information technology companies located there. Many multinational corporations, especially computer hardware and software giants, have operations in Bangalore. The city is home to more than 9. IT firms. Bangalore's IT industry is divided into two main "clusters"[1. Electronic City and Whitefield. New clusters in Bellandur, Marathahalli and Mahadevapura along the Outer Ring Road, in CV Raman Nagar near Old Madras Road and smaller hubs near Hebbal and Inner Ring Road have emerged in the last few years. Electronic City[edit]Electronic City, located in the southern outskirts of Bangalore, is an industrial park spread over 3. Electronic City was formed in 1. M, Hewlett Packard and Siemens are some of Electronic City's clients. Infosys and Wipro, India's second and third largest software companies, are headquartered in Electronics City. The Software Technology Parks of India, Bangalore (STPI) was started at Electronics City in 1. Ministry of Information Technology. STPI Bangalore counts among the premier and oldest Internet Service Providers (ISP) in India. It was the first center to be Internet- enabled in India. Nortel Networks is a prominent client of STPI Bangalore. Whitefield[edit]Whitefield cluster is home to the International Tech Park Bangalore. It was created as a result of a joint venture between India and Singapore in January 1. It is a large facility, comprising 9 buildings—Discoverer, Innovator, Creator, Explorer, Inventor, Navigator, Voyager and Aviator plus a building belonging to TCS. The tenth building which is under construction will be called "Victor". The Export Promotion Industrial Park Zone(EPIP) in Whitefield provides campus facilities for SAP, Xerox, i. GATE, Dell, TCS, Unisys, Delphi, Huawei, Oracle, Perot Systems. Captive centres of Tesco, Shell, Aviva, GM, Schneider Electric, GE, Sapient, Goodrich / UTC aerospace and Daimler. Chrysler, Symphony Teleca Corp and Tangoe are also located in Whitefield. Flowserve, a 1. 00% subsidiary of Flowserve Corp(NYSE: FLS) also has a Manufacturing Plant and R& D center located in EPIP Area. Other IT Parks[edit]The Bellandur - Marathahalli - Mahadevapura (Outer Ring Road) cluster houses Deloitte, Accenture, Intel, San. Disk, Aricent, Symbol, Cadence, Cisco, EMC Corporation, Nokia, National Instruments, Honeywell, ARM, Cummins, JP Morgan. Chase, Oracle, Logica CMG, Business Objects, Freescale Semiconductor, Capgemini, Sony and i. Technologies. It includes 8 IT parks such as RMZ Ecospace, RMZ Eco World, Prestige Tech Park, Intel Park, Cessana SEZ, Vrinadavan IT Park, Global Technology Park, Fortune Summit IT Park and 3 Salarpuria IT Parks. The Inner Ring Road cluster Embassy Golf. Links Business Park near the HAL Airport in Challaghatta includes Dell, Microsoft, IBM, Yahoo, Net. App, Mc. Afee, Bearing Point, Fidelity, ANZ, LG, CSC, Synergy, PSI Data, Target, Misys, Dendrite, Sasken, BPL Sanyo, Open. Silicon, Xora, Lenovo, Apostek, Goldman Sachs, KPMG, Vodafone, Deluxe Entertainment Services Group Inc., Huawei, and net positive. Bagmane Tech Park located in CV Raman Nagar off Old Madras Road, houses Oracle Corporation, Motorola, Texas Instruments, Samsung, Novell, Dell, Cognizant and Volvo, among other companies.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. Archives
November 2017
Categories |