Move over Bangalore, NCR is here news
31 May 2011

Bangalore, the IT capital of the country seems to be close to losing that tag,  says a survey.

According to the survey conducted by the Associated Chambers of Commerce and Industry of India (Assocham), warning of this imminent loss of status, the National Capital Region (NCR) of Noida and Gurgaon will take Bangalore's place, with more companies expressing their preference for the region.

This would include companies into IT, IT-enabled services (ITeS), business process outsourcing (BPO), knowledge process outsourcing (KPO) and other areas of operations.

The report says companies cited ''crumbling infrastructure'' as one of he main factors contributing to the shift. The report also said the companies were moving more towards ''convenient and industrial-friendly centres''.

In justification of their findings, Assocham secretary-general D S Rawat said, the growth explosion in Bangalore had pushed the city towards serious civic issues attributing  the problems to power shortages, inadequate and unreliable water supply, heavy traffic, roads and also poor sanitation facilities.

Identifying these issues as the main problems, he further said that Gurgaon and Noida, on the contrary, have been experiencing rapid growth.





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Move over Bangalore, NCR is here