So with this previous post of mine about the news release in Bangalore I thought how significant is this news release, hmmmm? It would appear there is money in Bangalore.

According to Wikipedia.....

Bengaluru (also known as Bangalore) evolved into a manufacturing hub for heavy industries such as Hindustan Aeronautics Limited, Indian Telephone Industries (ITI), Hindustan Machine Tools and Bharat Electronics Limited (BEL) after India gained independence from Great Britain in 1947. In the past three decades, the establishment and success of high technology firms in Bengaluru has led to the growth of Information Technology (IT) in India. IT firms in Bangalore employ about 35% of India's pool of 10 lakh (1 million) IT professionals and account for the highest IT-related exports in the country[citation needed].

The city's income gross domestic product in 2004-05 was valued at INR 433.8 billion.[1]

One of the important factors spurring Bengaluru's growth was heavy central government investment in Bengaluru's public sector industries, partially because it is geographically out-of-reach from India's rivals Pakistan and China. This led to the concentration of technical and scientific navigator in Bengaluru, and is a factor in leading the "IT revolution" in Bengaluru. Karnataka's political leaders such as D. Devaraj Urs, Ramakrishna Hegde, Gundu Rao, Veerappa Moily, J. H. Patel and S.M. Krishna each played a pivotal role in the development of Information Technology and Business Process Outsourcing (BPO) in Bengaluru. When R. K. Baliga, Founder of the Electronics City proposed the concept of developing the electronic city in the early 1970s it was met with skepticism but Chief Minister D. Devaraj Urs at that time supported him and approved the project. This initial seed investment by the Karnataka State Government in 1976 laid the foundation for the Electronics City.