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as well as for tourism. Growth in income has had an effect on the real estate prices with the land rates skyrocketing. Land prices have shot much beyond rate of inflation and in some places rate of land doubles every two years. Agriculture has slowed down as people find it more lucrative to sell the land rather than use it for agriculture. The surge in income of software professionals has led to increased interest among youth opting for computer science and information technology courses in college. The basic science, arts and commerce fields have felt a shortage of quality manpower.
30:. Karnataka stands first among all the states of India in terms of revenue generated from software exports, accounting for 42% share of all software exports from the country during the financial year of 2022-2023. The total exports of Karnataka was Rs 3.28 lakh crore ($ 65 billion). Karnataka's capital city
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There has been both positive and negative effects of software industry's tremendous growth. The per capita income of state has risen. Cars once considered a luxury has become a commodity, often leading to traffic jams and unavailability of space for parking. More people are traveling abroad for work
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in and around
Bangalore which provided necessary basic knowledge required for software development. The successive state governments have been proactive in providing necessary facilities for growth of the industry. The salubrious climate of Bangalore also helps in the growth of the software industry
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was searching for a location to set up their overseas development centre in India in the early 1980s. They first looked at the states of
Maharashtra and Tamil Nadu but when both states refused permission, Karnataka was approached with a condition that land allotted must be near an airport. The then
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and around 200 engineering colleges. The software industry requires large numbers of skilled engineers which are regularly churned out of the engineering colleges in
Karnataka. The presence of Public sector undertakings like
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Starting in the 1980s, Karnataka emerged as the information technology capital of the country. A total of 1973 companies in
Karnataka are involved in Information Technology related business including big firms like
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53 billion during the financial year 2021–22, employing 1 000 000 people directly and 3 000 000 lakh indirectly. Though most software companies are located in
Bangalore, some have settled in other cities like
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There were many factors conducive to the development of the software industry in
Karnataka state. One factor is the presence of large numbers of top grade science and engineering institutions like
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108:, one of the largest infrastructure projects in the history of Karnataka. This project is expected to create over four million jobs by the year 2030.
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gave ready access to manpower as well as trial opportunities of newly developed software. There were many advanced laboratories like
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69:. The software industry in Karnataka includes companies dealing with various fields like telecommunication, banking software,
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97:. Currently, out of total IT exports, 95% is from Bengaluru alone and the other Karnataka cities contribute just 5%.
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Bangalore cluster: Evolution, growth and challenges - An examination of the IT industry in
Bangalore
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129:. The origin of the growth of the software industry in Karnataka seems to have been the entry of
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65:. The infrastructure required for setting up software industries in Karnataka is provided by
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457:"Karnataka IT firms made Rs 1.16 lakh crore in exports during the Covid-19 pandemic"
435:"About Karnataka: Information on Tourism Industry, Exports, Economy & Geography"
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379:"Karnataka IT exports to touch $ 150 billion by 2026: Minister CN Ashwath Narayan"
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which was the first multinational to set up base in Sona Tower, Millers Road,
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393:"Karnataka aims to generate $ 150 bn in IT export revenues in next 5 years"
292:"Karnataka's IT exports crossed ₹3 lakh crore in FY 2023: Priyank Kharge"
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312:"'Hyderabad is no competition for Bengaluru & its talent base'"
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is the site of the upcoming $ 22 billion, 12,000-acre (49 km)
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407:"'Bangalore will become the world's largest IT cluster by 2020'"
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in
Bangalore. Texas Instruments currently has a big facility in
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339:"Karnataka's IT export targets to be lowered amid downturn"
471:"State Cabinet approves IT park near Devanahalli airport"
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state in India has become one of the main pillars of the
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Information technology organisations based in India
581:. Chennai, India. 4 September 2006. Archived from
521:"TCS topples Infosys as m-cap leader in IT space"
479:. Chennai, India. 29 January 2010. Archived from
146:agreed to their terms and granted land near the
16:Overview of the software industry in Karnataka
8:
642:Information technology industry of Bangalore
552:Online webpage of the BBC, dated 2002-10-03
100:The Nandi Hills area on the outskirts of
548:"American IT giant expands in Bangalore"
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7:
429:
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93:handsets, internet applications and
14:
573:"The industry-varsity disconnect"
437:. India Brand equity foundation
262:Information technology in India
154:in Bangalore near the airport.
125:who have their headquarters in
546:Habib Beary (3 October 2002).
267:Software industry in Telangana
40:, with total IT exports worth
1:
175:Malnad College of Engineering
167:B.M.S. College of Engineering
499:Ministry of External affairs
142:chief minister of Karnataka
95:business process outsourcing
652:Software companies of India
272:List of Indian IT companies
678:
647:Software industry in India
245:Webpage of STPI, Bangalore
353:"Becoming silicon valley"
106:BIAL IT Investment Region
359:. Seminar - Web edition
37:Silicon Valley of India
657:Science parks in India
501:. Government of India
34:has the sobriquet of
21:software industry in
637:Economy of Karnataka
495:"India in Business"
483:on 1 February 2010.
300:. 16 November 2021.
525:The Economic Times
317:The Times of India
297:The Times of India
152:Bagmane Tech Park
139:Texas Instruments
131:Texas Instruments
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527:. 14 July 2006
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87:semiconductors
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585:on 9 May 2007
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613:. Retrieved
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606:"Bangalored"
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587:. Retrieved
583:the original
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555:. Retrieved
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529:. Retrieved
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503:. Retrieved
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481:the original
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148:HAL Airport
102:Devanahalli
631:Categories
278:References
83:networking
79:automotive
578:The Hindu
476:The Hindu
441:15 August
144:Gundu Rao
137:in 1985.
135:Bangalore
127:Bangalore
63:Karnataka
51:Mangalore
32:Bangalore
23:Karnataka
323:11 March
256:See also
184:, SJCE,
75:database
71:avionics
615:19 June
589:19 June
557:19 June
531:19 June
505:19 June
363:19 June
230:Effects
226:there.
119:Infosys
55:Belgaum
416:27 May
194:SDMCET
112:Origin
91:mobile
47:Mysore
190:PESIT
178:MSRIT
123:Wipro
59:Hubli
617:2007
591:2007
559:2007
533:2007
507:2007
443:2019
418:2021
365:2007
325:2023
223:ISRO
221:and
215:BEML
213:and
207:BHEL
186:RVCE
163:NITK
159:IISc
121:and
67:STPI
57:and
42:US$
19:The
219:NAL
211:ITI
203:HAL
199:BEL
182:NIE
171:BVB
61:in
633::
608:.
575:.
550:.
523:.
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426:^
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