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When did Bangalore become an IT hub?
Starting in the 1980s, Karnataka emerged as the information technology capital of the country. A total of 1973 companies in Karnataka are involved in Information Technology related business including big firms like Infosys and Wipro who have their headquarters in Bangalore.
Who started IT hub in Bangalore?
R. K. Baliga
R. K. Baliga, he first Chairman and Managing Director of Karnataka State Electronics Development Corporation. He was one who conceptualized the idea of Electronics City in 1970s. R.K Baliga with his power bough a sum of 335acres of land outside South Bengaluru, which is now known as the IT Hub of Bengaluru.
Can Bangalore become Silicon Valley?
“Bangalore is getting a bit like Silicon Valley in an Indian context which means there are more engineers, more talent, more startups and more investment coming in,” Legg says. One of the main reasons for the tech rise has been the digital transformation in the country.
How did Bangalore develop?
The city’s nucleus was a settlement around a mud fort, built in 1537 by a local chief, Kempe Gowda. The fort was reconstructed of stone in 1761. Bangalore was the headquarters of the British administration from 1831 to 1881, when the raja was restored.
Why did Bangalore develop?
Large-scale immigration to Bangalore began in the 1950s as the state invested heavily in the public sector and in education. Employment opportunities were created for tens of thousands of people in southern India, and Bangalore grew to become one of the largest cities in the country.
How did Bangalore become a hub for public sector industries?
And it was after the country attained independence in 1947 that Bangalore evolved into a hub for public sector industries – particularly in aerospace, telecommunications, heavy equipment, space and defence – and saw massive investments from the government.
Why Bengaluru became the home of hundreds of start-ups and tech companies?
Here are some of the reasons that could have helped Bengaluru to become the home to hundreds of start-ups and tech companies. Soon after India got independence in 1947, Govt of India and Govt of Karnataka in collaboration started many public sector establishments related to electronics and manufacturing.
Can Bangalore become a global startup Paradise?
While the increasing number of unicorns are signalling that the Indian ecosystem is maturing, tech hub Bangalore still has quite a trek before it makes a name for itself as a global startup paradise
Why is Bangalore called the Silicon Valley of India?
And fittingly, Bangalore earned the sobriquet of being the Silicon Valley of India after a considerable number of startups in the tech sector were born there. “Bangalore is getting a bit like Silicon Valley in an Indian context which means there are more engineers, more talent, more startups and more investment coming in,” Legg says.