Fastest growing city in India
Bangalore is India's hub in the 'new economy'
Center of new technology, finance, banking and the IT industry
British Airways set up its accounting operations in India in 1996 setting a trend for what has become known as outsourcing
Wages are only a tenth of that in London

Outsourced operations include;

Technical development - Deutsche Bank
Support (technical support) - BT
Call centers - rail companies in UK selling tickets/handling refunds

Bangalore has grown so much it boasts home grown Indian owned companies which provide support services (multiplier effect). Knowledge city is planned. In 2008 Oracle estimated India would need 8 million extra workers.

Impacts of Growth:

Highest average incomes in India
6 new shopping malls
Luxury car showrooms are booming
500 new bars and cafes
Bar owners cannot get enough staff
Taxi firms booming

	Erstellt von Caitlyn Grayston vor mehr als 7 Jahre

A-Level Geography (A Level Bridging The Development Gap) Notiz am Booming Bangalore, erstellt von Caitlyn Grayston am 30/05/2017.