Hello Viewers,
Enjoy the glimpses of Bangalore city in this video with medium rise corporate buildings.
[From Wiki]
Bangalore is second fastest growing metropolis in India. Bangalore contributes 38% of India’s total IT exports. It’s economy is primarily service oriented and industrialized. The economy of Bangalore is contributed by information technology, telecommunication, biotechnology, manufacturing and industries (electronics, machinery, automobiles, foods & beverages) sectors etc. Major industrial areas around Bangalore are Adugodi, Bidadi, Bommanahalli, Bommasandra, Domlur, Hoodi, Whitefield, Doddaballapura, Hoskote, Bashettihalli, Yelahanka, Electronic City, Peenya, Krishnarajapuram, Bellandur, Narasapura, Rajajinagar, Mahadevapura etc. Bangalore is one of the favorable business destinations. It is fifth city in India to host maximum numbers of Fortune Companies next to Mumbai, Delhi, Kolkata and Chennai.
The growth of IT has presented the city with unique challenges.Ideological clashes sometimes occur between the city’s IT moguls, who demand an improvement in the city’s infrastructure, and the state government, whose electoral base is primarily the people in rural Karnataka. The encouragement of high-tech industry in Bangalore, for example, has not favoured local employment development, but has instead increased land values and forced out small enterprise. The state has also resisted the massive investments required to reverse the rapid decline in city transport which has already begun to drive new and expanding businesses to other centres across India. Bangalore is a hub for biotechnology related industry in India and in the year 2005, around 47% of the 265 biotechnology companies in India were located here; including Biocon, India’s largest biotechnology company.With an economic growth of 10.3%, Bangalore is the second fastest-growing major metropolis in India, and is also the country’s fourth largest fast-moving consumer goods (FMCG) market. Forbes considers Bangalore one of “The Next Decade’s Fastest-Growing Cities”. The city is the third largest hub for high-net-worth individuals and is home to over 10,000-dollar millionaires and about 60,000 super-rich people who have an investment surplus of ₹45 million (US$590,555) and ₹5 million (US$65,600) respectively.As of 2017, Bangalore was home to 7,700 millionaires and 8 billionaires with a total wealth of $320 billion.
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