Bangalore has emerged as technology capital of the country and become a hub for IT industry. Bangalore has the highest per capita income in all cities of India and third highest in foreign direct investment in India. Bangalore has maximum numbers of IT colleges. Government’s main focus is on IT industry and invite & encourage IT companies for investment.
With the presence of Multinational and Indian IT companies, Bangalore achieved 60% of India's IT exports. Some of the multinational companies in Bangalore are Oracle, IBM, Intel, SAP, Texas Instruments, General Electric, Motorola, HP, Sun Microsystems, Novell etc. Major Indian IT companies are Infosys and Wipro Technologies.
Other than IT, Banglore is also known for Biotechnology revolution. It has more than 300 biotechnology companies. Biggest Biotechnology Company of India, Biocon is located in Bangalore.
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