“Since 2002, Karnataka has seen a rise in the investments approved — it jumped from Rs. 3,046 crores in 2002-2003 to Rs. 70,996 crores during 2006-2007”

The Chairman of CII (Confederation of Indian Industry), Karnataka, Kris Gopalakrishnan said while speaking with Hindu.
As problems continues to galore in Bangalore such as Infrastructure bottlenecks and the nightmarish traffic jams. Yet, “Brand Bangalore” is still undisputed hot favorite of potential investors, especially foreigners. Despite the running discussions between industry tycoons, especially IT, and the Ministries / Government over upgrading, managing the current infrastructure and the so-called non-availability of land for expansion work. The Silicon Valley of Asia and IT capital of India is still the preferred destination though.

You may call it a typical phenomenon of best of available choices rather being the best in class, the city is witnessing the phenomenal growth and the possibilities of the ever growing stress on the locals and BII ( Bangalore IT Immigrants) will certainly continue many fold…