Bangalore is a famous city in India known as one of the Prominent IT Hubs in Asia. It has huge technology parks along with efficient ecosystems for growing startups. It used to be the most exciting city for IT growth and listed into the top 14 advanced cities of the world which are involved in robotics technology throughout the globe. In 2018 it overtakes many metropolitan cities like London or Dehli in Genome’s startup ranking. Due to an abundance of tech-based activities, it named Asian Silicon Valley just like California City.
A ride-sharing company based in Mumbai shifted its head Quarter in this mega city just to update their former setup and get funded by world-leading investors. In the beginning, it looked on as the city which is best for agriculture and construction because there were dirt cheap land and low price labor. It wasn’t be deemed as yielding city as this day, but fortunately, the Indian government take a look at this marvelous land and start investing in the public sector. Distinctively this city initiates its development through the aerospace sector, telecommunications, industrial implements, space, and security manufacturing to turn this local market into an international attraction.
The government puts massive capitals to evaluate this city into global tech city, which produce massive industrial hubs like The Hindustan Aeronautics, The National Aerospace Laboratories, Bharat Heavy Electronics, Indian Telephone Industries and Bharat Earth Movers which fame this city as a highly fertile area for lead investors from the international business world. Bangalore saw giant IT development at the start of 2000 due to this core working for technology and business collectively. Bunch of representatives from international or local companies witnessed that it gradually becomes a revolutionary IT hub more than other metropolitan cities of India. This heavy expenditure of Bangalore city provokes plenty of companies to get started their venture from this outstanding city.
Lots of set out were placed into robotics, manufacturing market placements and types of equipment for the industrial sector due to this huge influence of ongoing development. This fastest growing capacity of the capital of Karnataka state catch the attention of the world leads companies to build their headquarters here in Bangalore. If truth to be told then this entrepreneurial spirit is being strengthened through government attention and ingenuity to start attractive initiatives for youth and IT officials. In purpose to support Bangalore, the Asian IT hub Government of India inaugurates Startup India in 2016. This program aimed to helps those startups which were based on branding, funding, artificial intelligence and intellectual property protection which could grab young talent attraction along generating tax revenue for the country.
Thousands of registrations have been led to over this mega project in which 182 requests get additional financing from another elite department of the Indian government. This city’s environment encourages Indian youth to establish businesses to be self –reliant and boost manufacturing in the country and outside the subcontinent. Karnataka government created some golden policies which sat it eager where Bangalore concerns, some startup policies were made with a vision to increases the growth of 20 thousand plus tech startups by 2020.