ASCENDAS india trust ANNUAL REPORT 2014/15
1 Bangalore City Overview
Bangalore is the capital of the State of Karnataka and is located in the south east of the state. Greater Bangalore is spread
over a total area of over 786 sq km (conurbation area)
15
with a population of around 9.5 million (provisional 2011 census).
The city, known as Silicon Valley of India, has emerged as a favourite IT/ITES destination over the last 8-10 years. Home to
companies like Microsoft, Yahoo, Wipro, Infosys, IBM, GE, Google, Accenture, TCS, the city has been the front runner in
attracting technology companies.
B
B a n g a l o r e C omm e r c i a l M a r k e t O v e r v i e w
15
Apart from successfully attracting IT/ITES companies, Bangalore is considered to be a biotech destination as well. Bangalore
houses some of the most prominent biotechnology research institutions of India like Indian Institute of Science and National
Centre for Biological Resources. The other industries in Bangalore are related to manufacturing of aircraft, earthmoving
equipment, watches, garments, silk, machine tools amongst others.
The city has prominent educational institutions like Indian Institute of Management, Indian Institute of Science, National Law
School and a number of engineering/medical colleges offering talent pool to the existing corporations.
Bangalore International Airport
Upcoming Peripheral Ring Road
Whitefield EPIP
Outer Ring Road
Electronic City
Old
Madras
Road
Mumbai
Highway
Mysore
Highway
Hosur
Highway
CBD
Hyderabad
Highway
Source: C&W Research
