Country’s IT Hub!!
The Economy of Bangalore is an important part of the economy of India as a whole. India became independent from Great Britain in 1947. The establishment and success of high technology firms in Bangalore has led to the growth of Information Technology (IT) in India. IT firms in Bangalore employ about 35% of India’s pool of 2.5 million IT professionals and account for the highest IT-related exports in the country. The city’s income gross domestic product in 2004-05 was valued at INR 433.8 billion.
One of the important factors spurring Bangalore’s growth was heavy central government investment in Bangalore’s public sector industries, partially because it is geographically out-of-reach from India’s rivals Pakistan and China. This led to the concentration of technical and scientific navigator in Bangalore, and is a factor in leading the “IT revolution” in Bangalore.
Bangalore is nicknamed the Silicon Valley of India. The name signifies status of Bangalore as a hub for information technology (IT) companies in India and is a comparative reference to the original Silicon Valley, based around Santa Clara Valley, California, a major hub for IT companies in the United States. Bangalore, however, is located on a plateau and not in a valley; the use of the term in reference to Bangalore is not truly toponymous.
One of earliest mentions of this sobriquet occurred in late 1980s in the Indian Express. The more prevalent application of the nickname Bangalore began in the 1990s based on a concentration of firms specialising in Research and Development (R&D), electronics and software production. A large number of information technology companies located here,in the Slicon City. Many multinational corporations, especially computer hardware and software giants, have operations in Bangalore. Bangalore’s IT industry is divided into two main “clusters”—Electronics City and Whitefield.
New clusters in Bellandur, Hebbal and Challaghatta have emerged in the last few years along the Outer and Inner Ring Roads and in C. V. Raman Nagar near Old Madras Road. The City is home to more than 900 IT firms. Bangalore is a cool city of India and it is a power of information technology industry in India. There are top IT companies located in Bangalore. The Silicon Valley is the fifth fastest growing city in Asia. Below are the few lists of IT Parks in Bangalore.
International Tech Park Limited (ITPL):
It is the most sought after Tech Park in Bangalore. As the name indicates International Tech Park, the infrastructure of this IT zone matches the international standards. The IT Park comprises of 5 buildings. Each building is addressed uniquely as Discoverer, Innovator, Creator, Explorer and Inventor. The park provides world class amenities, services and facilities to their employees. It is located in the urbanized vicinity of Whitefield which is only at a distance of 18kms from the city centre. The tech park also consists of commercial, retail and residential spaces.
International Tech Park is a located in Whitefield, Bangalore, 18 km from the city centre. It is managed by Ascendas. It includes the 450,000 square foot Park Square Mall, several sporting arenas and the Vivanta by Taj hotel. It is the oldest tech park of Bengaluru. It is located in Whitefield cluster. It was created as a result of a joint venture between India and Singapore in January 1994. It is a large facility, comprising 9 buildings—Discoverer, Innovator, Creator, Explorer, Inventor, Navigator, Voyager and Aviator plus a building belonging to TCS which is called Pioneer. The tenth building which is under construction will be called “Victor”.
This park provides campus facilities for multi national giants like GE, Xerox, iGATE, IBM, Mu sigma, Airtel, Vodafone, TCS, Unisys, Delphi, Huawei, Oracle, Perot Systems and other medium and small sized companies. Outside ITPB, numerous companies have come up like Dell, Tesco, Shell, Aviva, GM, Schneider Electric, Sapient, Goodrich / UTC aerospace and DaimlerChrysler, Symphony Teleca Corp and Tangoe are also located in Whitefield. Flowserve, a 100% subsidiary of Flowserve Corp (NYSE:FLS) also has a Manufacturing Plant and R&D center located in EPIP Area.
It is one of the famous tech parks in Bangalore. It is located in CV Raman Nagar which is at a distance of 32 km from the international airport. The employees working here experience paradise, since the park is surrounded with lush greenery, lake and possess a serene atmosphere. Apart from this the employees are also benefited with luxurious amenities and services. Bagmane Tech Park comprises of the best IT companies of the globe. Some of them are Oracle Corporation, Lenovo, Informatica, Juniper Networks, Motorola, Samsung India, Mphasis, Cognizant Technology Solutions, Cypress Semiconductor, SanDisk, Tecnotree, Volvo, Yahoo and LinkedIn.
The park is home to some of the most prominent companies in world like Netserv Technologies, Informatica, Cypress Semiconductor, Dover Corporation, HSBC, Motorola, Sapient Corporation, Yahoo!, Oracle Financial Services Software Limited, HP, Juniper Networks, Ericsson, Lenovo, Texas Instruments, LinkedIn, MphasiS, Sasken, Novell, Cognizant Technology Solutions, Ogilvy, Volvo, Dell, Tecnotree, Concur Technologies, PwC.
Manyata Tech Park:
Manyata Tech Park is one of the largest technology parks in India. It is located in Hebbal, Bangalore. This Tech Park was built in early 2005. It covers over 300 acres of land. Manyata Tech is the home of many global brands and companies like IBM, Philips, Pace plc, Nokia Siemens Networks, Alcatel Lucent, Cerner, Cognizant Technology Solutions, Northern Trust, NXP Semiconductors, NVIDIA Corporation, Fidelity Investments, COLT Telecom Group plc, Monsanto, ANZ and many more. The IT Park also embraces amenities and recreational facilities for the people working there.
Brigade Tech Park:
One of prominent tech parks of Bangalore is also known as the Whitefield Tech Park. It is located in the close proximity of International Tech Park Limited. This software park is spaciously designed with a well-planned working environment. Several reputed IT companies are present in Brigade Tech Park. Qualcomm India Pvt. Ltd, LG CNS India, IBS Software Services, Spice Communications are some of the major companies. This IT zone also offers some unique features and facilities.
Cyber Park is known as the high tech IT Park which is located in the infrastructural wonder of Electronics city. Cyber Park has a serene ambiance and a pollution free environment that is suitable for working. The IT Park hosts some of the major IT companies like Infosys, Wipro, Siemens, and HP, Birla 3M, GE Capital, Digital, Tata R&D and Motorola. The park embodies international business lifestyle. These are some of the renowned IT parks in Bangalore. Being the IT capital of India, Bangalore is the home to numerous IT parks and has the potential to expand on a wider scale in future.
Harita IT Park:
Harita IT Park is an address that any IT company would love to have and rue to miss. The IT Park, as its name suggests, suits the green business of IT the most. Situated in Bangalore, the cyber capital of India which has acquired the status of Silicon Valley in this part of the globe is in the midst of ten top global IT companies like Infosys, Wipro, HP, Siemens, Birla 3M, ITI, G.E., Digital, Tata, Motorola, Yokogawa, Cyber Park etc.
What makes Harita IT Park more enviable is its location. It is in the IT hub of Asia, the Electronic City Phase-I, You have your office in an environment that makes you and your staff in the harmony with the synergy of forces that click in the IT industry. It is just not the working space that Harita IT Park offers. It offers a living space which is well connected with the Bangalore city and the Highway. A six lane highway and elevated Expressway is a smooth drive to the city and the highway offers an uninterrupted connectivity with the rest of the country. 24X7 quick and easy access to Airport makes it really global.
Today, as a large and growing metropolitan, Bangalore is home to some of the well-recognized Colleges, Research institutions, Spiritual and Health facility in India, and has the second-highest literacy rate in the nation. More than 1,000 year old, Bangalore known as the garden city has now also got the identity of cyber capital of India. And Harita IT Park reverberates with the ambience of the 1000 year old modern city.
Indian cities are the fastest developing cities in the world in terms of lifestyle, Infrastructure and Standard of living. IT is one of the most important factors to boost the economy of India along with the tourism and communication industry. All the major cities of India now have at least one IT park with all the required facility in the premises. Major IT parks are Rajiv Gandhi Chandigarh Technology Park Chandigarh,Mihan it park nagpur,Crystal IT park Indore,Venkatadri IT Park Bangalore,Eon it park Pune and DLF IT SEZ Hyderabad.
Bangalore, the dream city of India has the power to make any visitor a permanent resident of the city. Bangalore prominently known as the Silicon Valley of India is the fifth fastest growing city in Asia. It has become the nerve centre of the IT industry of India. The city boasts a number of national and multinational companies. The city is the abode to many outsiders who settle here for pursuing their career in the field of IT.