'The Silicon Valley of India' is the nickname given to the city of Bangalore. It clearly signifies Bangalore's status as a hub for information technology (IT) companies in India. People believe that it is named after the original 'Silicon Valley', which us based around Santa Clara Valley in California – a major hub for IT companies in the United States. Information Technology is at boom in Karnataka and is also contributing a lot to its economy. Karnataka is known for generating a huge amount of revenue from these software exports.
Mostly, the leading IT industries have their head offices or business centres in Bangalore. These companies are engaged in the fields of telecommunication, banking softwares, avionics, database, networking, semi-conductors, mobile handsets, internet applications and business process outsourcing (BPO).
Texas Instruments is known as the trend setter IT company, who first set up its base in Bangalore in 1985. Presently, a number of leading players – from Hindustan Aeronautics Limited to National Aerospace Laboratories, Bharat Heavy Electricals Limited, Bharat Earth Movers Limited, Hindustan Motors and Hindustan Machine Tools, Wipro, Infosys etc. – all have their centres here.
Bangalore today plays host to international-class conferences, workshops and exhibitions devoted to the software cause.
