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{{Historical}}
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[[Image:Bangalore UtilityBuilding.jpg|left|150px|The Public Utility Building on [[MG Road]] is an important commercial landmark in Bangalore.]]
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'''[[Economy of Bangalore]]''' improved by [[heavy industry|heavy industries]] such as [[Hindustan Aeronautics Limited]], Indian Telephone Industries (ITI), Hindustan Machine Tools and Bharat Electronics Limited (BEL) after [[India]] gained [[Indian_Independence_Movement|independence]] from [[Great Britain]] in [[1947]]. Within the last [[decade]], the establishment and success of [[high technology]] firms in Bangalore has led to the growth of [[information technology|Information Technology (IT)]] in India. IT firms in [[Bangalore]] employ about 35% of India's pool of 10 [[lakh]] (1 million) IT professionals. Bangalore accounts for the highest IT-related exports in the country.

Long before Bangalore was called the [[Silicon Valley]] of India, the city made its name as headquarters to some of the largest public sector heavy industries of India. The [[Hindustan Aeronautics Limited]] (HAL) headquarters was based in Bangalore, and was dedicated to [[research and development]] activities for indigenous [[fighter aircraft]] for the [[Indian Air Force]]. With over 9,500 employees, it is one of the largest [[public sector]] employers in Bangalore.

In August [[2005]], the Bangalore Forum for IT (BFIT), which consists of 18 major multinational IT firms including [[Texas Instruments]], [[Philips]], [[Novell]], vMoksha, [[Synopsys]], [[Hewlett-Packard]] and [[Motorola]], threatened to boycott the Bangalore IT convention. Increasingly, new IT centers are being built away from this city due to long inner-city commute times, poor infrastructure, high land and labor costs, increasing environmental problems and labor retention issues. ([[Economy of Bangalore|'''more...''']])

Portal:India/SC Summary/SA Economy of Bangalore - Revision history

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