Industries in Bangalore
Bengaluru's economy provides approximately 43.65% to the state's GDP, accounting for 98 percent of the state's software exports.
The expansion of Information Technology (IT) in India has been fueled by the establishment and success of high-tech companies in Bangalore. Bengaluru's IT enterprises employ around 1.5 million people in the IT and IT-enabled services sectors, out of a total workforce of nearly 4.36 million in India, and the city has the biggest IT-related exports in the country. Bangalore contributed US$ 45 billion in 2014, accounting for 38% of India's total IT exports. Write to us for Bangalore Industrial visit.
The city's estimated metro GDP is over US$110 billion, and it is recognised as India's fourth most productive metro area.
Infosys, Wipro Technologies, and Mindtree were among the first startups to launch in the city in the 1990s, while Tejas Networks was one of the smaller ones. Flipkart, which began in Bangalore, bought numerous other Bangalore-based e-commerce startups, including Myntra, before being acquired by Walmart in 2018 for close to $20 billion. Swiggy, Ola Cabs, InMobi, Quickr, and more unicorns have their roots in Bangalore.
Information and Communication Technology
Bangalore is first and foremost known for its IT sector. It is home to a number of IT firms. Many IT businesses are located here, including Infosys, Mphasis, Wipro, Tata Consultancy Services, Nasdaq, Facebook, Google, Contrapine, and Microsoft, among others. Bangalore is home to the headquarters of India's two largest IT businesses, Infosys and Wipro. Another big area with a slew of IT firms.
Aviation and aerospace- Industrial visit in Bangalore
The Sukhoi-30MKI is a dual-role fighter built for the Indian Air Force by Bangalore-based Hindustan Aeronautics Limited under licence from Sukhoi.
Bangalore is also known as India's aviation monopoly capital. It is responsible for more than 65 percent of India's aerospace industry. Boeing, Airbus, Goodrich, Dynamatics, Honeywell, GE Aviation, UTL, and other global aerospace companies have R&D and engineering centres here. Call us for Industrial visit in bangalore
Bangalore was known as the headquarters of some of India's largest public sector heavy industries before being dubbed the Silicon Valley of India. The Hindustan Aeronautics Limited (HAL) headquarters are in Bangalore, and it is responsible for the Indian Air Force's indigenous fighter aircraft research and development. It is one of the largest companies in the public sector company in Bangalore, with over 9,500 people.
Biocon is one of India's largest biotechnology businesses, with headquarters in Bangalore.
In the city, biotechnology is a rapidly growing field. At least 97 of India's approximately 240 biotechnology companies are based in Bangalore. Karnataka's comprehensive biotechnology policy, as defined by the Karnataka Vision Group on Biotechnology, has sparked interest in Bangalore as a foundation for biotechnology enterprises. Karnataka received the most venture capital funding for biotechnology in the country ($8 million) in 2003–2004. Biocon, based in Bangalore, is the country's top biotechnology business, with revenues ranking 16th in the world.
Bharat Electronics Limited, Bharat Major Electricals Limited (BHEL), Indian Telephone Businesses (ITI), Bharat Earth Movers Limited (BEML), HMT (previously Hindustan Machine Tools), Hindustan Motors (HM), Manjushree Technopack, and ABB Group are among the other heavy industries in Bangalore.
Bangalore is also gaining popularity as a hub for the automobile sector. Bangalore is home to a Volvo manufacturing facility.
Bangalore's Peenya industrial region, which was formerly touted as one of Asia's largest, now contains a slew of small and medium-sized businesses, including Apple's India manufacturing factory, which is the sole active plant outside of China.
Food: Food: Since the early 1990s, the city has been influenced by many forms of business endeavours. Several restaurateurs in the city are recognised for pioneering fast-service concepts known as Darshini eateries, which provided hot breakfast and beverages. In 2007, Orkla Foods, a Norwegian food firm, paid $60 million for MTR Foods, a conventional ready-to-eat consumer goods brand. ID foods is a recent $100 million business that is quickly gaining traction in retail. Swiggy is a food delivery service that is available on demand. Unicorn is well-known, as is Zomato, a restaurant review, listing, and food delivery service that began in Bangalore. FreshMenu is a cloud kitchen firm that solely distributes via smartphone applications and other on-demand food apps, making it a near-unicorn. Cafe Coffee Day is a registered business.
Cafe Coffee Day, a publicly traded company, operates coffee shops in Prague, Bratislava, Riga, and Warsaw. Chai Point is a tea shop business that started in Bangalore in 2010.
Real estate: Several Venture Capital-backed businesses in India are challenging the rental market, including housing.com, nestaway, and commonfloor.com (bought by Unicorn, Quikr). Prestige Group, Brigade Enterprises, Total Environment, and Sobha Developers are just a few of the city's listed real estate companies.
Aerospace: Hindustan Aeronautics Limited (HAL), India's largest indigenous OEM, had its headquarters in India. To meet the OEM demand, a number of smaller tier 1 and tier 2 suppliers set up shop in the city. The National Aerospace Laboratories (NAL) is a Bangalore-based organisation dedicated to the advancement of civil aviation technologies. Bangalore was also home to Kingfisher Airlines, a now-defunct full-service airline that acquired another airline startup, Air Deccan, a discount airline.
Space: The city is home to the Indian Space Research Organization (ISRO), one of the world's leading national space agencies. ISRO is known around the world for its ability to launch low-cost satellites using its own launch vehicles, the PSLV and GSLVs. ISRO has the global record for successfully launching 104 satellites into orbit in a single launch. ISRO also launched the Mars Orbital Mission, which was the most affordable interplanetary orbital mission ever. Startups have attempted to launch lunar rovers and are currently analysing satellite photos for agricultural and climate applications.
Transportation: Reva, India's first electric car brand, was acquired by Mahindra & Mahindra, a prominent local automobile firm, in Bangalore. The city is home to a number of automotive-related startups and marketplaces. Ola Cabs, a Unicorn, an on-demand taxi service, was founded in the city and bought its early competitor and peer, taxiforsure. Bounce is an on-demand motorcycle company based in the city. Zoomcar is a city-based on-demand intercity car transportation startup. The Naspers Group purchased RedBus, an intercity bus aggregator.
Grocery: On-demand grocery startups BigBasket.com, Zopnow.com, and Zopper.com compete with Amazon's Prime Now offering. FoodWorld supermarkets, which opened in 1996, and numerous more local brands are examples of offline, formal retail format grocers that originated in the city.
Retail: Urban Ladder is a major omnichannel furniture shop developed by city-based entrepreneurs. Lifestyle began as a brand in Bangalore in 1999 and is now part of the Dubai-based Landmark company. The Tata Group owns Tanishq, which is a jewellery retail shop brand. Printo is a stationery and printing services retail chain.
Fintechs: The city is home to a number of fintechs. Several bitcoin exchanges, as well as the pioneering low-cost brokerage service Zerodha. Pine Labs is a new unicorn that specialises in point-of-sale solutions. Capillary Technologies is a loyalty and analytics platform built on top of point-of-sale (POS) systems. Amazon has purchased QwikCilver, a Bangalore-based gifting and reward platform.
Beverages, Beer and Spirits: Craft brewers abound in the city, with Toit, Arbor Brewing Company, and others among the most well-known. Kingfisher is a Bangalore-based beer company that is one of the world's largest. Amrut is India's first single malt whisky brand, and it is distributed all over the world. In 2010, it was ranked as the world's third best whisky. Bangalore is the headquarters of the United Breweries Group. It gives birth to Kingfishers (beer).