The growth and development of Bangalore in the field of software industry can be dated back to the early 1980s. R.K. Baliga, the CMD of the Electronics Development of the state, Karnataka proposed the concept of the growth of the "Electronics City" in the year 1970. This led to the development of the industrial park in the city. The entry of the Texas Instruments, the first MNC, which was set up in the year 1985 in Sona Tower, Bangalore marked the beginning of the growth and development of the software industries. And, this kept on expanding and progressing at a rapid pace with the passage of the years.
Bengaluru is dubbed as the "Silicon Valley of India." The name is justified with the evolving status of Bengaluru to be the hub for IT (Information Technology) in India. The IT companies in Bengaluru have an employment statistics of approximately 35 percent of the total pool of two and a half million of the IT professionals of the nation. Also, the city accounts for the highest rate of exports in the field of information technology in the nation.
If we look at the analysis or the reasons for such a growth in the field of information technology, it is as follows:
Majorly, the city Bengaluru is mostly out of reach from the nation's biggest rivals, China and Pakistan. Also, the investment from the Central Government is quite heavy in the public sector companies of the state. Thus, every technical as well as scientific navigators were concentrated in this capital city of the state, Karnataka. And, these factors led to the "IT Revolution". And, this is why, Bengaluru is known as the IT Capital of India.
The IT Infrastructure of the city is simply amazing. The city has grown to be a conglomerate of several IT companies in India such as HP, Accenture, Dell, IBM, Cisco and many more. The superb infrastructure coupled with the positive attitude of the Indian youth and the technological flair as well as the quality education, skilled professionals contribute to the progress of the city as the heart of the Information Technology of the nation.
All these factors taken together give rise to the rampant growth and development of the IT hub of India. Also, there was a successful contribution from the Government of India for the growth of the information technology in the city. The city witnessed the growth of the internet based industries right in the beginning of the millennium. The various IT companies, global as well as national are housed in Bangalore in the STPI (Software Technology Park of India), ITPB (International Tech Park of Bangalore) and Electronics City. The city is also known as the top Hi-Tech city of the nation. Thus, the development and growth in this city is taking place globally at a rapid pace with several IT companies settling in the IT hub of the nation, Bengaluru.
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