8 Major Information Technology Hubs in India

This will surely add value to our graduates not just as job seekers however will be job creators. The report said domestic tech services could accelerate growth by 2-4% over the next five years as industries worldwide continue to see rapid adoption of digitalization to make a faster recovery from the covid-induced disruptions. The city’s broad and diversified user base provides https://1investing.in/ ample space for customer testing of new products/services as well. In Bengaluru, there is a large user base for every new online service, whether it is for cleaning up your house or grooming a pet. In reality, it is this diverse and moderately mature client base that attracts so many enthusiastic entrepreneurs to start here, supporting their start-ups’ life cycle.

There are around 35 IT cities in India that contribute to the growing GDP of India. We have curated the top 10 IT cities of India and the names of the famous IT parks. Several international tech giants have already set up companies in India. The number of technical institutes is a contributing factor to the growth of technology in this region. Several tech giants have already set up offices in this region making it more attractive for IT professionals.

Cyber City at Kalamassery is another integrated IT township SEZ being planned in the private sector. As with other countries Austin continues to serve as one of the top companies’ hubs for technology and innovation. There were a total of 46 new tech companies established in Austin by 2018 and in the upcoming year that is 2020’s that was translated to 4,648 new jobs. And if we see Seattle there are 8 major tech hubs studied including Seattle, San Francisco, Baltimore, Boston, Austin, Washington, D.C., San Jose, and Raleigh.

The Major Tech Hubs of India

Hyderabad, otherwise called the HITEC City, is the second biggest IT exporter in India and the first objective in India for quite a while for the Microsoft advancement focus. Cyberabad or Hyderabad is likewise a vital bioinformatics center point of India. Snapdeal is a diversified online shopping platform, offering products ranging from electronics and fashion to home goods and appliances. Backed by famous investors, including Alibaba, Foxconn, and SoftBank, Snapdeal is gearing to-wards competition with the very top e-commerce sites of India. OYO is a hotel chain that offers a range of stay experiences across India. Relying upon standardization and the use of its technology platform, OYO revolutionizes budget hospitality with comfortable and affordable hotels.

Mumbai, the financial capital of India, is home to the headquarters of leading IT organisations such as Tata Consultancy Services, Oracle Finance Services Software and Larsen & Toubro Infotech. Located on the western fringes of Mumbai, Rajiv Gandhi Infotech Park in Hinjewadi has emerged as one of the biggest IT hubs in the city. Further, the iGate knowledge park, Airoli in Navi Mumbai has developed a strong IT ecosystem – employing thousands of IT professionals from across the country. It develops, builds, owns, and operates renewable energy production facilities with utility-scale wind, solar, and rooftop solar projects. The largest independent renewable energy company in India, it is dedicated to growing its production while supporting sustainable business practices.

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  • It is a subsidiary of the Tata Group and operates in 149 locations across forty-six countries.
  • This will surely add value to our graduates not just as job seekers however will be job creators.
  • Pune is home to biggest IT park of India called as Rajiv Gandhi IT Park at Hinjewadi.
  • Clashes between IT moguls and municipal governments over infrastructure funding are common.
  • The emergence of a unique entrepreneurial ecosystem that supports and encourages start-ups in technology is an important factor for port-of-port technology start-ups in the region.

Certain companies have main offices in more than one city, in which case they are listed under each, but minor offices and resources are not listed. Foreign companies that have large presence in India are also included. There are IT companies of Indian origin but headquartered in US and other countries. Several foreign companies have more employees in India than their parent countries.

IT is one of the most important factor to boost the economy of India along with the tourism and communication industry. All the major cities of India now has at least one IT park with all the required facility in the premises. Major IT parks are Rajiv Gandhi Chandigarh Technology Park Chandigarh,Mihan it park nagpur,Crystal IT park Indore,Venkatadri IT Park Bangalore,Eon it park Pune and DLF IT SEZ Hyderabad.

The IT-BPM industry’s (excluding e-commerce) total revenue stood at $227 bn in FY2022. The export revenue from this industry (excluding e-commerce) has been estimated at close to $ 178 bn in FY2022. In terms of FDI inflow, the computer software and hardware sectors attract the second highest FDI. India is one of the most preferred destinations when it comes to setting up Global Capability Centres . At present, more than 1,400 GCCs have more than 2,300 GCC units in India, employing more than 1.38 mn professionals. Investment in Software-as-a-Service has increased 62.5% over 2021 and is expected to reach $6.5 bn in 2022.

Industry Scenario

Indian IT revenues grow fastest in a decade to $227 billion in COVID-19 pandemic -hit FY22. NASSCOM in its Strategic Review predicted that the IT industry can achieve the ambitious target of being a US$ 350 billion by FY26 growing at a rate of per cent. Apple reported revenue of USD 94.8 billion for the March quarter and set an “all-time record” for services and a March quarter record for iPhone. While the reshaping of global energy markets amid the war in Ukraine and the political and financial help from the federal government have improved Alaska LNG’s prospects, high costs could still tank it, analysts warn. Major Japanese gas-importing companies including JERA and Tokyo Gas also attended, Sullivan and Richards said. The project’s backers say Alaska LNG would be one of the cleanest sources of natural gas.

major it hub of india is

While a seemingly altruistic ambition, Facebook’s ultimate goal was to lock millions of new users into a version of the internet dominated by Facebook’s own services. The project was rejected later that year by Telecom Regulatory Authority of India on the grounds it was anti-competitive as well as violated the country’s net neutrality laws. Despite this setback, Facebook has recently invested $5.7 billion in Indian telecom Reliance Industries in an attempt to restart the program. In response, Indian startups are emerging like WiFi Dabba with the goal of spreading internet access throughout India for individual and business use, while protecting the Indian’s web open nature against private interests. In FY22, the Technology industry employed over 450,000 employees to reach total direct employment of 5 Mn, and contributed 51% to overall services exports.

The company has set up a two-storey Apple store in Mumbai, covering an area of around 20,000 square feet. The barricade for the Apple Saket store features a unique design that takes inspiration from the capital’s many gates. Labour are on track to be the largest party in Westminster, but fall short of a majority, after a “hammering by any standards” for Rishi Sunak’s Tories.

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The city has workplaces of worldwide programming organizations like Sun Microsystems, Honeywell, Accenture, and Cognizant. DLF IT Park in Rajarhat is a new & forthcoming IT and private center with a fantastic network toward the southern and northern locales of Kolkata. Technopolis in Salt Lake City is another IT center home to numerous conspicuous firms like TCS, Wipro, and IBM – that utilize more than 1 lakh individuals. Chennai city has top-notch IT frameworks and quick arising as an objective for data innovation re-appropriating in India. The south-Indian city of Chennai has devoted turnpike called IT interstates & an inclination toward areas for IT enterprises.

Bangalore is the IT Capital of India and a global information technology hub in the country. The city is known as the Silicon Valley of India with large number of software companies in India and many top Indian firms like Infosys, Wipro, Mindtree are headquartered in Bangalore. The IT and BPM industry’s revenue is estimated at US$194 billion in FY 2021, an increase of 2.3% YoY. The domestic revenue of the IT industry is estimated at US$45 billion and export revenue is estimated at US$150 billion in FY 2021.

major it hub of india is

Telecom giants Ericsson and Alcatel- Lucent, pharmaceuticals giant Pfizer, and chemicals giant Dow Chemicals also have research and development facilities in Chennai. Established in 1981, Infosys provides business consulting, information technology, and outsourcing services. The company is headquartered in Bangalore and is the second-largest Indian IT company after TCS with operations in India, United States, China, Australia, Japan, the Middle East, and Europe. Infosys provides software development, maintenance, and independent validation services to companies in finance, insurance, manufacturing, and other industries.

Databricks doubles down in India with staff hires, new R&D hub

Also, India secures 5th rank in “FTTH/Building Internet subscriptions” and “AI scientific publications”. Bangalore’s real estate market is booming with increasing demand for the residential sector, but it’s essential to understand the rules… Among all the metropolitan cities, Kolkata has the cheapest cost of living major it hub of india is in India. Due to an ample amount of qualified manpower in Chandigarh, this place is favoured by business and IT companies. Around 14% of the complete products of programming organizations in India are contributed by Chennai. The top 10 IT hubs in India are provided in the below points respectively to their ranks.

The IT and BPM industry in India is a support point in the country’s financial growth. The business can tackle new advances across areas, thus producing critical work and pioneering open doors. India has an enormous number of qualified specialized alumni on the planet. Bangalore is one of the top ten most preferred entrepreneurial locations on the globe, and its 83 billion dollar GDP contributes immensely to the country. It is listed 4th in the top 20 cities that contribute to the GDP of India.

Software development giants situated in Cyber City include Infosys, Cognizant, Mphasis, Accenture, ThoughtWorks, Oracle, SAP and HCL Technologies. 3) Horizontal-specific BPM services- Services that are reasonably similar across industries. Horizontal BPM services include Customer Interaction and Support , Finance and Accounting (F&A) and other related processing services, Knowledge Services, Human Resource Management , Procurement BPM, etc. GIS – based map displaying available infrastructure for setting up business operations in the state. This is the distinctive platform which provides news, reviews, analysis of Job & education Market and highlights issues faced by people.

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