No wonder, with the governments giving a warm welcome to entrepreneurs round the world many multinationals and services have already set up or are planning to set up development centres in the city.
I should be a proud man to say that Bangalore today comprises one of the world's largest centre for CMM Level 5 certified companies and the world's second largest center for software development. Not only that nearly all of the Silicon Valley giants have an established base here with offices and large research and development centers.
Of course in the present times, Bangalore is plagued with several problems the country's IT hub has several inherent advantages which outscore over other IT destinations in the sub-continent. As mentioned, before the air conditioned like climate has always boasted of good intellectual resources with large presence of engineering colleges comparatively low cost of living, better living conditions, law and order and to top it all the industry friendly government.
One more factor which speaks in favor of Bangalore is its cosmopolitan nature which is indeed a big factor in attracting IT companies. Hyderabad too is emerging as an IT hub in the recent years but the credit for same there I feel goes to the excellent infrastructure along with the well planned and focused approach which the governments are giving to the industry.
But despite all the spectacular progress made by Hyderabad in the IT sector it can in no way mar the prospects of Bangalore or write off its IT prospects. To me this perhaps seems to be a distant possibility.
... contd.