There are a number of reasons why Bangalore attracts a large
number of national and international companies. Consistently
pleasant weather, good labour relations, excellent education and
research institutions (including IWST, IPIRTI and ICFRE), good
telecom connectivity, advanced infrastructure in terms of hotels,
airport with better connectivity, logistics, better state policy and
investor perception are just few of these reasons. The proactive
governments all along the years who had the ability and willingness
to facilitate new investments are also an important reason for
Bangalore to attract more investments across verticals.
The IT industry boom in the early 2000s in Bangalore rippled its
growth effect to many linked industries like retail, real estate,
hospitality and entertainment (hotels, resorts, malls & multiplexes)
industries, economic services (hospitals, schools) and information
technology (IT) enabled services (like BPOs) etc. Thereby increasing
the demand for office & institutional furniture many fold. Rising
disposable income also factored the demand for home furniture.
Thus South India and in particular Bangalore became a furniture
manufacturing cluster where many companies setup manufacturing
units and thereby opened a plethora of opportunities for international
companies to set up woodworking machinery manufacturing units
in Bangalore not only to meet India’s requirement but also for
re-export to other countries.
Welcome to Bangalore!