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hi bloggers....
The silicon valley of India, Bangalore has been listed by Forbes magazines among the world's fastest-growing cities. The list also includes 2 other Indian cities - Ahmedabad and Chennai.
              Bangalore houses the majority of IT companies in India, including IT giants Infosys and Wipro.It is rightly called as the Silicon Valley of India because of its position as the nation's leading IT exporter.Bangalore currently boasts of over 1500 IT firms and many more in other sectors. Wholly owned subsidaries of MNCs such as Motorola, Texas Instruments, and Hewlett  Packard have their base in Bangalore.
               The IT firms principally provide range of services including customer software application development,maintenance, facility management and training. While the IT sector has brought the city into limelight, it has a fairly diverse portfolio of activities with firs manufacturing tools, telecom, equipment, electronics products and to some extent auto-components located in Bangalore. In the recent years, the city has also emerged as a premier bio-tech cluster in the country.Bangalore is also home to many of the most well-recognized colleges and research institutions in India.
              During the 1980'S,Bangalore's main software industry exports were not products, but people : high skill, low-wage software engineers and programmers who took jobs in the United States. IT managers of Indian origin working in US firms have played an important role in helping their firms consider outsourcing to India.
              During 1960's and 1970's, a number of skilled Indian professionals migrated to USA ( of which of them were from Bangalore) and returned to India in 1980's. Most of them became entrepreneurs and set up centers in Bangalore taking advantage of large English speaking population in Bangalore. Consequently, outsoursing becomes even more cost-effective.          


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