The latest study suggests that IT hub Bangalore of India Software Development encourages foreign capital investment in the city for further development and facilities. Bangalore has taken this step as it is noticed that Information Technology Companies are now selecting the other ways and cities of India for Offshore Outsourcing services. Government is now concentrating more on the development and updating the city that could lure the overseas IT Companies to India Software Development in better way. Government has declared to start some certain projects in the city for the advancement of the IT Outsourcing services to Bangalore. So the city will be able to encourage more and more foreign investment in Bangalore.
The government has certain plans and the list includes the development in the area of building new elevated highways, widen existing ways, further development of satellite towns and a huge investment and development of mass transits system in Bangalore. According to the government these certain development of the Bangalore city will help more than 1500 technology firms in the country. Though according to the IT Industry officials, government should speed up the development work as the work is taking more time then expected. They also stated that they would try their best to encourage foreign investment in almost all the functional and non functional areas infrastructure building in the city.
Information Technlogy Hub for India Software Development
As far as Bangalore is concerned it is not only the Information Technology hub for India Software Development but now it has been global hub for almost all type of IT Outsourcing services to India. Almost all big IT brand names have their presence in Bangalore for one or other Offshore Outsourcing job work. Day by day the presence of IT companies in the city is also increasing. This is the main reason that the further development of the city is required. The world is changing rapidly with the rapid growth of the Information Technology globally. Technology development and enhancement has changed the way of work globally and growth of India Software Development has made the country the center of attraction globally for all possible IT development services.
As IT Industry is growing rapidly globally the expectation of the global world from India is also increasing. This has made the government of India to think seriously for the further growth and development of IT Hub Bangalore to lure more Offshore Outsourcing services to India Software Development. It is marked that somehow the overseas IT companies are now selecting some other routs and cities of India instead of Bangalore, so government is now playing active role to maintain the credit and image of Bangalore city for its unique services as India Software Development.
The government is sure and has faith that once the development work of the city will be over, the demand of Bangalore will be higher again and more foreign investment will take place in India Software Development.