Bangalore to lose its IT status, NCR is here
By Staff Reporter Published: May 31 2011

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Bangalore may lose its crown of India’s 'Tech Eden' to Gurgaon and Noida. Fifty five percent IT companies in Bangalore prefer Gurgaon and Noida to relocate operations

According to a survey conducted by Associated Chambers of Commerce and Industry of India (ASSOCHAM), Bangalore might lose its status of being the IT capital of India. The survey states that the status would soon belong to the National Capital Region (NCR) of Noida and Gurgaon.The survey concluded that companies offering IT, IT-enabled services (ITes), business process outsourcing (BPO), and knowledge process outsourcing (KPO) in various domains like banking, financial services, insurance, pharma, auto, FMCG and manufacturing prefer to relocate operations.

The survey also finds out that Bangalore is losing its sheen due to crumbling infrastructure, compelling many companies to head towards more convenient and industrial-friendly centres. Leading IT and ITeS vendors prefer to shift their focus from Bangalore to other satellite cities like Noida and Gurgaon for more revenues.
Officials at ASSOCHAM state that the growth explosion in Bangalore has pushed the city towards serious civic crisis. Civic issues like roads choked with vehicles, frequent power outages, erratic water supply and poor sanitation is making Bangalore lose its luster to Gurgaon and Noida.

ASSOCHAM interacted with 800 directors, CEOs, CFOs, chairmen and managing directors of Indian and multinational companies in various verticals. Five cities were chosen to relocate businesses to garner more revenues. 30 per cent top-ranked officials of IT companies said they preferred Gurgaon, 25 percent wanted to relocate operations to Noida, about 20 per cent preferred Chandigarh, 15 per cent of respondents said that they prefer Pune and 10 percent wanted to relocate their business to Hyderabad.

The cosmopolitan culture, modern infrastructure, availability of skilled workforce, closeness to Delhi along with industry-friendly government policies are the factors which give Gurgaon and Noida an upper hand say officials at ASSOCHAM.
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  • very good!!
    let the development happen evenly in all parts of the nation so that cities dont choke and create artifical inflation..
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