Report Summary Detailed PEST Analysis, Key Industries Analysed with Investment Opportunities in a Boon to Self Reliant India
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Bengaluru is the principal administrative, cultural, commercial and industrial center of the South Indian State of Karnataka. The city is called by many names, including India’s knowledge hub, Silicon Valley, Aerospace and machine tools hub of India, and the Garden city of India.
Geo-economic shift post pandemic will be favoring India, opening plethora of business opportunities across various sectors in India. Several companies are likely to shift base to India and revamp their businesses to suit a post COVID-19 economy & Bengaluru can turn out to be a next major hub for such companies. While the IT sector has brought the city into limelight, it has a diverse portfolio of firms manufacturing machine tools, telecom equipment, electronic products etc. The city, in recent years, has also emerged as a premier bio-tech cluster in the country. The advent of such clusters are itself testimony to the fact that Bengaluru offers a good Business Environment and can be a ‘Next - Best' City for Global Industrial Re-shoring in India.
Major Industries Include – IT & ITES, Readymade Garments, Gem & Jewellery, Logistics & Warehousing, Aerospace Components Machine Tools, Light Engineering ,Electronic Goods, Pharmaceuticals, Biotechnology
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