Generally speaking, excepting companies in the agriculture, dairy farming, and poultry industries; most companies in all the other sectors prefer to set up their offices in cities around the world. This is because cities around the world have much better infrastructure, much more amenities, and offer much more job opportunities than towns and villages around the world. 

Cities around the world are economic and sometimes even military hubs of nations. The more cities a nation has, the more FDI and foreign firms it can attract to itself, which would provide employment opportunities to its citizens and improve the nation’s economy in many ways. 

The city of Bangalore in the state of Karnataka, India has been termed “The Silicon Valley of India”. The vast majority of the IT firms in India have their head offices in Bangalore. In this article, we’re going to see how Bangalore has become one of the top tech hubs in India. So, kindly read on to find out. 

Why are there many Tech Giants in Bangalore? 

As mentioned before, the city of Bangalore in the state of Karnataka, India has been termed as “The Silicon Valley of India”. Most of the IT companies in India have their head offices in Bangalore. There are more IT companies in Bangalore than any other city in India. Now let’s delve into the reasons behind this. 

Bangalore has the most SEZs in India

An SEZ (Special Economic Zone) is an area in a country that has different (more favorable) economic laws than the rest of the country. Companies situated in SEZs enjoy tax subsidies, tax holidays, 24-hour electricity and water supply, and a plethora of other amenities and government favors. 

Bangalore has a total of 30 SEZs, the highest among all the cities in India. Hence, it’s no wonder that the vast majority of the IT companies in India want to set up their offices in Bangalore. The cost and other benefits that the SEZs in Bangalore provide are something that IT companies in India find irresistible. 

Location

Bangalore office locations are something that most people in India find to be very convenient. This is because the city of Bangalore is located in the prosperous state of Karnataka. 

Coffee, broad beans, betel leaves and nuts, drumsticks, jaggery, cooking and table butter, milk, curd, and fish can be bought at a cheaper rate in Bangalore than anywhere else in India. 

Moreover, the states around Karnataka like Tamil Nadu, Kerala, Goa, and Maharashtra are also highly industrialized and prosperous. So, people find it easy and time-saving to travel to Bangalore from most of the towns and cities in these states. 

People (mostly working professionals) traveling to Chennai from Bangalore during festive and national holidays and vice versa at the end of holidays is a common sight one can witness at Bangalore’s railway stations, bus terminuses, and airports.  

Affordability

Generally speaking, the cities of South India have a lower cost of living than the cities in North India like Mumbai, Delhi, Kolkata, etc. Hence IT companies (and other companies) that had once set up their offices in costlier cities like Delhi, Mumbai, etcetera have now either shifted their offices to Bangalore or have opened branch offices in Bangalore. 

The lower cost of living that Bangalore offers when compared to the cities in North India is something that benefits both the common man and firms. Hence, it’s no wonder that Bangalore is one of the top tech hubs in India. 

Presence of a Robust Infrastructure

The all-round infrastructure in Bangalore has improved tremendously since 2004, the time when the IT boom started in India. Now, the whole of Bangalore (in all four directions) is well-connected by metro rails and BMTC buses. Not only that. 

Several roads have been laid or repaired in Bangalore during this time and several amenities like vast housing colonies, swanky restaurants, gyms, malls, parking complexes, parks, pubs, gaming centers, spas, super and hypermarkets, etcetera have now been set up in Bangalore. All these conveniences and amenities have attracted people and IT firms by the thousands to Bangalore over the past decade or so.

Emergence of a lot of co-working spaces

From 2004 till date, around 200 co-working spaces have emerged in Bangalore. Co-working spaces offer a lot more facilities and offer far cheaper rent than a commercial building dedicated entirely to any business.

Moreover, an IT firm’s employees can interact with employees from other IT firms and exchange their ideas and viewpoints on some common issues plaguing the IT industry and come up with innovative solutions to them. 

The rent payment methods of co-working spaces are flexible, which is desirable for IT companies. Any firm should be able to leave an office space or complex whenever it wants to and should be careful not to be bound by rent agreements that lock the rent tenure. Co-working spaces offer cost-effectiveness to IT firms in many ways. 

Last but not least, co-working spaces are very vibrant places. There are frequent industry-related speeches, seminars, hackathons, contests, and conferences held at these places that provide ample opportunities for any IT firm’s employees to interact with people in their industry to have fun, broaden their horizons, and change their outlook for the better. This is the latest Bangalore workspace trends for 2023. 

Presence of World-Class Amenities

There are hundreds of IT parks, SEZs, and co-working spaces in Bangalore that have a lot of world-class amenities most of which are at least partly funded by the Karnataka state government. 

These high-class facilities make working in office spaces highly convenient for IT professionals. There are also ample opportunities for them to relax and have fun while doing their work. 

Examples of the world-class facilities available at the IT parks, SEZs, and co-working spaces in Bangalore are Table Tennis tables, water and beverage dispensers, stylish and efficient lighting systems, air-conditioned halls, meeting rooms, and office cubicles, comfortable sofa sets and tables with charging ports in their vicinity, pathways flanked by well-trimmed trees and well-maintained gardens, high-speed elevators, bright and swanky street lights, 24-hour surveillance cameras, electricity and water supply, canteens, adequate security personnel, etcetera. 

With so many world-class facilities available in the IT parks, SEZs, and co-working spaces in Bangalore, it is no surprise that there are so many tech giants in Bangalore and that Bangalore’s tech ecosystem has evolved so much since 2004.

Our Take 

Bangalore has no doubt developed immensely since 2004 which has contributed a lot to Bangalore’s tech boom in 2023. The lower cost of living in Bangalore when compared to the cities in North India and a sheer abundance of world-class amenities coupled with a robust infrastructure have made Bangalore office locations highly sought-after in India. 

If you are an entrepreneur looking to set up an IT office complex or rent an office space or if you’re an IT professional seeking job opportunities, we highly recommend that you choose Bangalore to do so. Bangalore’s low cost of living, an abundance of world-class amenities, and robust all-round infrastructure are some things to die for.  

FAQs

• Which areas of Bangalore are prone to traffic congestion every day? 

Areas in Bangalore such as Silk Board Junction, Marthalli, Mekhri Circle, KR Puram hanging bridge, Inner Ring Road, Koramangala, Madiwala, Domlur, Mysore Road Junction, etc. face traffic congestion woes every day. If some of your employees reside in these areas, they must allocate an additional 30 minutes every day for the time consumed in waiting in traffic jams or must travel to nearby locations where metro rail service is available to reach their office on time.

• Which areas in Bangalore are prone to waterlogging when it rains?

Low-lying areas in Bangalore such as Inner Ring Road, Malleshpalya, Vingyan Nagar, several parts of Koramangala, Dasarahalli, RR Nagar, JP Nagar, BTM Layout, Bannerghatta Road, Kengeri, Uttarahalli, KR Puram, Rajajinagar, Jayanagar, and Shanthi Nagar are prone to water-logging when it rains. Your employees residing in these areas should be very careful if they commute to your office via two-wheelers or they can make alternate transport arrangements. 

• Which areas in Bangalore have poor road infrastructure or potholes?

Despite the road infrastructure in Bangalore coming a long way since 2004, quite a few areas in Bangalore have underdeveloped roads (with potholes and loose gravel) or poor road infrastructure. Some of those areas with road quality issues are Kodipalya Main Road, Inner Ring Road, Magadi Road, Uttarahalli Main Road, Banaswadi Main Road, Tumakuru Main Road, OMR Road, Varthur Road, Outer Ring Road, Sarjapura Road, parts of Bannerghatta Road and Mysore Road. If any of your employees reside in any one of these areas, they should be very careful while driving two-wheelers on these roads owing to the large number of potholes and loose gravel on these roads.

• Which are the top 5 IT parks in Bangalore?

RMZ Ecoworld, Bagmane Tech Park, Manyata Tech Park, Electronic City Tech Park, and Embassy Golf Links Business Park are the top 5 IT parks in Bangalore with every world-class facility under the sun. They have hundreds of IT firms which in turn have thousands of employees.

•  Which are the top 5 SEZs in Bangalore?

Manyata Embassy Business Park, AEQUS SEZ, AMIN PROPERTIES LLP, B.A.TECH PARK PVT. LTD. and BAGMANE DEVELOPERS PVT LTD SEZ 1 & 2 are the top 5 SEZs in Bangalore. Among them, Manyata Embassy Business Park is the largest covering 66 acres of land. 

• Which are the top 5 co-working spaces in Bangalore? 

BHIVE, WeWork, ClayWorks, Smartworks, and Goodworks are the top 5 co-working spaces in Bangalore. Among them, the BHIVE co-working space is the largest, covering an area of 1.5 lakh square feet. It is located on Church Street. It hosts thousands of companies which in turn have millions of staff.