Business Intelligence Watch TMC

Booming Bangalore

September 28, 2005

Bangalore, the technology capital of India, reportedly generated 20 percent growth to $2.05 billion in its back-office outsourcing and software exports between April and September.

Also, 57 foreign companies opened offices in the city and invested $209 million through Sept. 27.

In addition, India's revenue from Western outsourcing reached $17.2 billion in the fiscal year ended March 2005. It expects growth of at least 30 percent in the current year.

By Glenn J. Kalinoski, Executive Editor, Customer Inter@ction Solutions




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