Saturday, January 30, 2010

Bangalore - Business City




Bangalore is an amazing business hub, a true cosmopolitan city with all the hustle and bustle. It is the perfect city to conduct business meetings, seminars and conventions as its salubrious weather and atmosphere are conducive for business purpose.

Blessed with a gardens & parks, natural lakes, architectural landmarks, shopping malls, the best restaurants and pubs in this part of the globe, business opportunities are abundant in this part of India.

Bangalore is often said to be the center of the Indian I.T. outsourcing movement, and has offices of many foreign tech companies as well as a number of native Indian tech startups, it is referred to as the Silicon Valley of India.

Economy

Bangalore has a healthy and booming economy. It is home to over 10,000 dollar millionaires and around 60,000 super-rich people who have an isurplus of Rs. 4.5 crore and Rs. 50 lakh respectively. As of 2001, Bangalore's share of Rs. 1660 crore (US$ 3.7 billion) in Foreign Direct Investment was the third highest for an Indian city. Bangalore is India's fourth largest and fastest growing market, with a per capita income of Rs. .49,000 (US$ 1,160)

Culture

Bangalore is a veritable melting pot of various races and cultures. A dynamic city, with innumerable cultural events organized every evening, Bangalore has a population of more than 56 lakhs. Besides Kannada, which is the official language of the state, Bangaloreans are also comfortable with English, Hindi, Tamil, Telegu, etc.

Bangalore is known as the "Garden City of India" because of its greenery and the existence of many public parks dotted al over the city. It also has many other nick-names such as Pub City, Silicon Valley of India, Mini Subcontinent etc.

The diversity of cuisine available is astonishing and diverse. Roadside vendors, tea stalls, and South Indian, North Indian, Chinese and Western fast food are all very popular in the city. With its many pubs and bars, and also with the city being the headquarters of United Breweries, makers of the popular Kingfisher Beer, Bangalore is a drinker's dream.

Accommodations

Bangalore has a variety of hotels from budget to the expensive. For the business man there are many choices from which to pick. A good choice is the Ista hotel which is a mid-range hotel with all the necessary business facilities. It is situated conveniently close to the city's business and shopping centers.

Transport

Bangalore's Airport is India's fourth busiest and functions as both domestic and international airport and is well connected to several destinations in the world. Plus a new airport is also in the offing the new Bangalore International Airport, which is being constructed in the outskirts of Bangalore, targeted to be inaugurated in April 2008,

Bangalore is also well connected to the rest of the country through the Indian Railways. The city is connected to New Delhi, Mumbai, Chennai, Kolkata, and Hyderabad, as well as other major cities in Karnataka. There is also nn intra-city rapid rail transport system called the Namma Metro whichis being developed and is expected to be operational in 2011.

The city also has well developed roads and transport systems. Taxi services, three-wheeled, black and yellow auto-rickshaws, buses operated by Bangalore Metropolitan Transport Corporation are the various means of public transport within Bangalore city.

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