Bengaluru, the tech capital of India, has been ranked as the fastest-growing technological hub in the world, followed by British capital, London. Many other European cities like Munich, Berlin and Paris followed Bengaluru and London, and Mumbai – the financial capital of India, has been ranked the 6th. As per the data analysed by London & Partners – the Mayor of London’s international trade and investment agency, investment in Bengaluru grew from 1.3 billion dollars in 2016 to 7.2 billion dollars in 2020.
Investment in London grew 3 times, from 3.5 billion dollars to 10.5 billion dollars between 2016 to 2020. “It’s fantastic to see that Bengaluru and London ranked as the top two fastest-growing global tech hubs for VC investment. Our two great cities share mutual strengths in entrepreneurship and innovation – creating lots of opportunities for tech investors and companies to do business across both regions,” said Hemin Bharucha, Chief Representative of India at London & Partners.
“London has a strong trade and investment relationship with cities across India and today’s figures show the opportunities for future partnerships between the UK and India on technology. Despite the pandemic, tech companies in London and India are continuing to lead the way in creating game-changing technologies – especially in high growth sectors such as EdTech and Fintech,” he said.
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“The UK government’s recent Brexit deal with the European Union brings certainty for Indian companies and investors looking to London and we look forward to welcoming more Indian businesses to the UK capital in the years ahead,” he added.
Indian tech giants are on a shopping spree in the continent of Europe. Unfazed by the volatility in the market due to the Coronavirus pandemic, the homegrown success stories of India’s Industrial revolution are turning a corner and assimilating the European firms to leave a bigger and wider footprint in the Northern Hemisphere.
According to media reports, Bengaluru based software behemoth Wipro will be acquiring the IT units of German firm Metro AG in a multi-year technology transformation deal with a revenue potential of $1 billion.
It is being anticipated that Wipro will be acquiring IT assets of Metro AG across Germany, Romania, and India, all whilst assimilating the 1,300 employees of the European tech company. The multi-year deal is expected to generate $700 Million in the first five years, and may likely extend by a further four years, the statement said.
This is Bengaluru based software behemoth’s second acquisition as early in July this year, Wipro had also acquired Belgium-based 4C, one of the largest Salesforce partners in Europe, Middle East, and Africa (EMEA).
Wipro already has a well-established Salesforce business in the Americas, Japan and Australia, which was reinforced with the Appirio acquisition in 2016. As part of the €68m deal, 4C will be consolidated as part of Wipro’s Salesforce practice, which provides solutions globally around multiple Salesforce clouds and its ecosystem of products.
The IT sector is the crown jewel of the Indian economy; the 200 billion dollar industry is the highest contributing sector in the GDP of the country. Since the turn of the century, numerous IT companies have carved a separate identity for themselves in cities like Bengaluru, Hyderabad, Pune, and Chennai. After developing and prospering in the domestic market, 2020 has given the fillip to these companies to take a much more aggressive expansion approach in Europe and beyond, and so far, it looks like the gamble is paying off.
excellent thanks bestwishes=summary>The world is dramastage weare actors Our life is what we do OUR ACT, our daily living is our daily acting role, acting finished means life finished. WE ARE SEEKING SUITABLE BRIDES FOR OUR TWO SONS, OUR GOAL IS TO ENABLE THEM REACH FULL TRUE HIGHER POTENTIAL, FUTURE PRESIDENTS OF USA. I was fired from AT&T Bell Labs in 1992 scientist engineer, it was big shock for whole family, in India too. interviews for new jobs blocked. although in shock wife worked from low level hard work later promoted, children targeted. my email trhalemane@gmail.com mobile +17329389686also please feel free to visit my public instagram is @thirumalaraya and many posts since 2016 or so=Fwd
2020 September 23
Me: Ravi, my assessment/ guesses below =>
King of the East = Japan,
King of the North = Norway,
King of the South = Saudi Arabia,
King of the West = United Kingdom,
Others are being used and/ or helping them directly and/ or indirectly, along with their interests and ideologies, China also included. Nature of the Deep state is involved in various strong ways, including the nature of the different religions and their associated deep states, some extremely very strong… for many others, individuals also, it is just survival under whatever conditions exist for them…=====On Mon, Sep 14, 2020 at 10:21 AM Thirumala Raya Halemane wrote:
actually, hindus need to reclaim all the temples that were destroyed, forcibly taken over, (not just the three that BJP / RSS wanted, mostly for political reasons, vote-banking, otherwise they did not care initially)and all the other indians, including muslims, have to understand and accept that. it is not their (muslim’s) private property anyway, so they should not worry / have hatred towards hindus in india(any allowance of alternate land, is out of sympathetic considerations only)..you are forgetting the power of hindu temples, for inspiration etc, when you write like below, that it is less important.i disagree.in fact, everything depends on it (the recovery of the temples), we might say======= Fwd:
2019 June 15
Me: Beautiful.
ps:
Although in severe shock and great stress, we have faced the challenges and moved forward crossing the barriers, biases, impediments etc that came before us, … it was tough, not easy, for my wife and sons and the others also … I brought up my two sons Kaviraj and Shilpi as future presidents of usa, with that attitude/ outlook/ mindset, supporting and encouraging the leadership nature already in them. They are born in usa, grew up in usa and consider themselves as Americans. The country, the people and the whole world including India where we parents are originally from will need their leadership and contributions to go forward towards better future vision in true spirit of America. It is the nature of truth, nature of nature, nature of humanity. It is the only way. There is no other choice. Actually, we do not need a different choice. Because, it is also the best way. Perfect for America and the whole world. Nothing else can be better, however you may look at it. Best wishes. Aummmm….