Locational Advantage of Bangalore in the High-Tech Industry:
- Hub of Leading IT Companies
- hosts major tech giants like Infosys, Wipro, and TCS,
- Startup Hub
- over 7,000 startups contributing to its reputation as a global innovation hub.
- Skilled Workforce: The city benefits from a vast talent pool, fueled by top-tier institutions like IITs and IIMs, producing over 50,000 tech graduates annually.
- Global Connectivity: Bangalore's Kempegowda international airport facilitates seamless travel and business connections, serving as a gateway to global markets.
- Government Support: Karnataka's government offers incentives and policies to bolster the tech sector → 5% of total cost of setting up taken by govt.
- Quality of Life: Bangalore's cosmopolitan culture, vibrant lifestyle, and modern amenities make it a preferred destination for tech professionals, both domestic and international.
- Strategic Market Access: Positioned in South India, Bangalore provides easy access to key domestic and international markets, fueling expansion and business opportunities for tech companies.