Anuradha Mane
MGT/521
07/07/2011
Professor Ron Bemaul
Impact of Globalization on Bengaluru
In the last two decades Globalization has been an integral part of India’s progress. One of the biggest impacts of globalization has been on IT (Information Technology) industry. IT industry flourished rapidly in India due to highly educated and literate workforce. Metropolis cities started developing at faster pace due to IT industry.
Why Bengaluru?
Bengaluru, a fast growing metropolis, is a clean and spacious city with many magnificent structures having historic and modern architecture. It is known for its pleasant climate where temperatures remain moderate throughout the year. It is connected by road, rail and air to all major cities of the country and has direct international connections to many cities worldwide. The city has many well-recognized colleges and research institutions in India providing high qualified workforce. It has numerous heavy industries, software companies, aerospace, telecommunications and defense organizations. The city has a special sector developed called Electronic City- a hub of hi-tech firms.
Booming Bengaluru
Today Bengaluru is the center of India’s IT industry, having back-offices of many foreign multinationals companies. Outsourcing companies like Infosys Technology and Wipro, have attracted worldwide attention with their global clients. Also there are many technology start-ups established in the recent years. These new firms are driven by the regions big pool of engineering graduates having expertise in new technologies. The City has positioned itself to help market the software industry. This is also why Bengaluru has been playing host to international-class conferences, workshops and exhibitions devoted to the software cause. (The New York Times, 2006).
Bengaluru having the advantage of infrastructure, climate, skilled labor and political
References: The New York Times. (2006). Is the Next Silicon Valley Taking Root in Bangalore?. Retrieved from http://www.nytimes.com/2006/03/20/business/worldbusiness/20bangalore.html?ex=1300510800&en=993a11e65908ab91&ei=5088 BBC News. (2007). Bangalore 's Boomtown Blues. Retrieved from http://news.bbc.co.uk/2/hi/business/6288325.stm#top BBC News. (n.d). Photo journal: Bangalore. Retrieved from http://news.bbc.co.uk/2/shared/spl/hi/picture_gallery/07/africa_bangalore/html/1.stm