Bangalore is a city helping IT industry to expand and shine
The Heaven for Software Engineers
Although India has such rich and big metropolitan cities as New Delhi and Mumbai, Bangalore is still ahead of them in terms of emerging IT startups. More than that, the city is among the top 14 global robotics and manufacturing ecosystems. But the primary foundation of its success is software engineers. The city attracts IT talents from all over India.
Hundreds of software companies hire software engineers permanently with annual salaries ranging from ₹ 3.2 Lakhs to ₹ 12.5 Lakhs with an average ₹ 5.5 Lakhs. Usually, they work for multinationals eager to subcontract their software development projects. The major IT parks of the city – Electronics City and Whitefield, are home to R&D centres of 3M, Texas Instruments, Dell and Intel – just to name a few.
Bangalore alone employs more than a third of Indian software professionals.
The Heaven for IT Entrepreneurs
The government and several national programs play the role of a catalyst in the blossoming software industry. One example of this is 10,000 Startups, a non-profit initiative launched in 2013 by NASSCOM. The vision is «foster entrepreneurship, build entrepreneurial capabilities at scale and strengthen early-stage support for tech startups» (NASSCOM). In 2021 a new concept was included in the vision – “to create globally acclaimed products from India and generate value for startups through our programs”. As a result, many IT entrepreneurs chose Bangalore as a destination for their startups.
Wipro and Infosys, the two giants of India’s rapidly growing software industry have moved their head offices to Bangalore. Their path was shared by foreign companies looking for reducing costs by employing cheap local developers. This had a great response from Bangaloreans as it improved the way of life and the city’s infrastructure.
Bangalore is one of India’s most vivid cities with innumerable bars, restaurants and coffee shops. These catering facilities turned into a hotspot for IT entrepreneurs, who found the ideal place to discuss business ideas for their future startups. This is why Bangalore attracts software entrepreneurs, especially the younger ones.