Write location advantage of it industries in banglore
Answers
Bangalore is the IT capital of India, and if the home to companies in sectors like electronics, automobiles, pharmaceuticals, biotechnology, food processing etc.
According to the United Nation's Human Development Report – 2000 Bangalore stands fourth among the leading ‘Global Hub of Technological Innovation’. Business Week has placed Bangalore among the ‘Global Hot Spots’ of the 21st Century. In year 1998 News Week magazine has ranked Bangalore among the world's ‘Hottest Tech Cities’.
Bangalore the top hi-tech a city of the world has population of 5.54 million spread over 530 sq.km. There are nearly 1000 IT companies including more than 150 multinational giants, such as Huawei Technologies, Toyota Kirloskar, Oracle, Intel, Infosys, Microsoft, Sun Microsystems, General Motors, General Electric, Volvo, SAP Labs operating in Bangalore. These companies are employing over a hundred thousand professionals.
Other Key Highlights:
• Bangalore has a growth rate of 21%
• It is known as the India’s Silicon Valley. It contributes 33% of IT exports
• The District is ranked as one of the top Five Technology Clusters in the world
• The district has the potential to become a Research and Development Hub
• Bangalore is classified as the Innovation Cluster by Word Economic Forum.
• Bangalore the most cosmopolitan city of India is the best place to ‘live and work’.
• It is becoming a ‘Medical Hub’ due to the presence of World’s largest ‘healing center’ and ‘telemedicine center’.
• It is 3rd largest hub for high net worth individuals: There are nearly 10,000 millionaires with an investable surplus of USD1.15 mn.
• The presence of HAL headquarter and R&D center, National Aerospace Laboratories and several flying clubs has made Bangalore a aviation cluster of India
hope it helps
mark it as brainliest