Considered to be India’s startup capital, Bangalore is home to more than 30% of the country’s startups and significantly contributes to India’s technological advancement. Similarly, Gurgaon, over the years, has come to play a pivotal role in North India’s tech industry by housing some of the biggest domestic and global corporations in the country.
Every city in India has its heritage, legacy, history, and journey, which are unique in their own way. And today, tech plays one of the biggest roles in every city’s reputation and progress. Every day, new startups are incepted and big tech companies and multinational organizations are constantly seeking locations that provide an environment that is capable of accommodating best-in-class companies, startups, and unicorns. It’s the interplay of these factors that leads to our ever-vibrant and evolving cities
In this post, we are going to evaluate the journey of two of the fastest-growing tech hubs in India. Bangalore is called a startup city, and Gurgaon is known as the millennium city of India.
Bangalore has evolved from a garden city to be the Silicon Valley of India & Gurgaon has made its way from being an agricultural hub to one of the fastest-growing cities in India. In this article, we have put down everything you need to know about the evolving journey of these two great cities.
Let’s explore how Bangalore and Gurgaon have evolved over the years.
Bangalore: The Silicon Valley of India
This Indian city is a global hub of technology startups, but this miracle wasn’t an overnight success. The city started as a startup hub in 1947 after the Indian independence. Many of India’s first public companies started in Bangalore – some of them include Hindustan Aeronautics Ltd, Hindustan telephone industries, etc. Since then, the government has promoted Bangalore as a major tech city. In the 1980s, Bangalore evolved as an IT hub with changing times.
Many factors have contributed to the development of Bangalore. Supportive governments encouraging startups and providing funding is one of the biggest reasons among them. Bangalore has pleasant weather, which is not only favourable for people but also for advanced robots and many more. This IT hub is home to 35% of IT professionals in India and proudly contributes 87% of revenue in Karnataka.
Bangalore has a population of 12 million, and 2.5 million of them are IT professionals. It also has the Indian headquarters of world-leading companies like United Breweries, Amazon, Samsung, etc. Being a startup city, it is the origin of many popular startups like Flipkart, Myntra, and Salt – which is redefining the fintech industry through easy banking throughout the world and promoting borderless banking.
This location is now the favourite city of most global tech companies because of its favourable business environment and having the highest growth index for startups. Bangalore is proudly presenting India as a technologically evolved country on the global platform.
Gurgaon: From Rags to Riches
Gurgaon has come a long way from an agricultural hub to a millennial city. It has truly set an example for all developing cities. The history of this city goes way back to Mahabharata, but its development started in 1970 after Maruti Suzuki started a manufacturing plant in Gurgaon. This city was planned to reduce the pressure of the capital city due to a lack of land area and interconnectivity.
Gurgaon is now home to 1.2 million people who generate 40% of all the revenue for Haryana. It is the 3rd highest per capita income city in the country. Many companies like Paytm, DLF, Google have their offices in Gurgaon.
Gurgaon has the most evolving infrastructure and transport facilities. It has also been promoted as a clean and green city along with luxury.
This hub of North India is also known for banking and finance companies like American Express, Fidelity International, and many more. It is the second-largest hub for information technology, the third-largest hub for finance and banking, and now evolving as a medical tourism hub. And that concludes pretty much everything about Gurgaon as the rising tech superstar.
We live in the 21st century where technology is a vital part of our lives, and as with India eying on a 5 trillion dollar economy, Information Technology and a business empowering environment are what we need for fueling this rapid development in our country’s technological progress. Bangalore and Gurgaon have contributed a lot to India’s tech journey and have given India some of its most valuable startups. Both of these cities are an example of how business motivating culture and technology can lead us to a better India!
