Doing business in Bangalore
Major cities in India > Doing business in Bangalore
About Amritt, Inc
A management consultancy firm advising American companies how to increase revenues and reduce costs by leveraging the economies of China and India.
About Us - Contact Us - Clients
Amritt in the News - Subscribe to Amritt Newsletter
The city of Bangalore is the capital of Karnataka and home to over 5 million people. It is the third highest populated city in India and the sixth highest populated urban agglomeration. The past decade has experienced a growth rate of 38%, second only to the region of New Delhi.
Economy
Bangalore is showing an average economic growth rate of 10.3% yearly. This city is India’s fourth largest consumer goods market and third largest city for high net worth residents.
Industry
Bangalore is considered as the Silicon Valley of India and is the nation’s top Information Technology (IT) exporter, contributing 33% of India’s software services exports. Some of the top IT companies include Infosys, TCS, and Wipro. There are also several SEI-CMM Level 5 companies housed in Bangalore. This city is also home to the India Space Research Organization (ISRO), and as of 2005, half of the biotech companies in India have their headquarters in this city. Bangalore has many multinational corporations located in such as IBM, Phillips, Siemens, General Electric, and Boeing.
Transportation
A new international airport was completed in 2008 and it is the fourth busiest airport in the country. There is a new commuter rail system that should be completed by 2014, which covers 42.3 kilometers with 41 stations. Indian Railway connects this city to the rest of country and has an express train to New Delhi. Public transportation is also served by bus routes throughout the city.
Bangalore is an urban city on the rise. It also has top-notch educational facilities such as Bangalore University, Indian Institute of Science, Indian Institute of Management as well as a globally recognized law school.
