Sunday, June 12, 2005

Bangalore, Bangalored?

A recent Businessworld (subscription required) carried a cover story on Bangalore. It also throws up an interesting statistic. In the last one year, 210 new companies opened shop in the NCR (Delhi, Gurgaon, Noida). The total of Bombay and Pune is about 248. Bangalore does have 195 companies that opened shop here, but the trend is here to see. Companies prefer to go where there is infrastructure (Bombay-Navi Mumbai-Pune and Delhi-Gurgaon-Noida) rather than go to one with a creaky infrastructure.

Going by the looks of it, notwithstanding Friedman going ga-ga, the demise of Bangalore appears imminent. Heres why:

Adios investments!

1 comment:

Kaps said...

I also read this article. Instead of just mentioning the number of companies that have started operations in the various cities it would have been better if they had given the quantum of investment so that we can ascertain whether big ticket investments are going to other cities.