Bengaluru (earlier known as Bangalore) is one of India’s most vibrant cities, throbbing with innovative ideas. The capital of the south Indian state of Karnataka is also the technology capital of India, with private enterprise boosted by a slew of government incentives.
Bengaluru is the fourth largest technology cluster in the world after Silicon Valley, Boston and London. Colliers Research picked Bengaluru as the first of the top three cities in Asia for tech enterprises, ahead of Singapore and Shenzhen, based on socio-economic, property and human factors.
This megacity has a diverse population of over 10 million, and while it is the third wealthiest Indian city with a total wealth of $320 billion, it is powered not just by the 7,500 millionaires (and counting) and 10 billionaires (in the areas of software, ecommerce, education, real estate, and garments), but by its large, educated middle class workforce.