Information technology employees in India will have something to cheer about this year after a two-year lull following the global economic crisis.
According to recent reports, top Indian information technology firms, including Tata Consultancy Services, Infosys Technologies and HCL Technologies, are said to be hiring big time again and are also offering increments for financial year 2010-11.
There is no denying the fact that thanks to its treasure-trove of skilled manpower and high growth in software exports, India has gradually become an IT powerhouse to reckon with.
IT analysts believe that the sector can boom further if information technology hubs mushroom all over the country instead of in some pockets. So where in India has the IT boom really taken off? Which are India's hottest IT spots? Check this out...
Bengaluru's ten-fold growth in quick time can be traced back to the IT boom over the past few years, despite the criticism of the city over its creaking infrastructure and unbridled growth.
The city's main activity is information technology and information technology-enabled services. Being the leading contributor to India's IT industry, it has been dubbed the Silicon Valley of India.
Home to many software majors like Infosys and Wipro, Bengaluru accounts for almost 34 per cent of India's total IT exports.
A recent study also revealed that the rupee millionaire club in Karnataka's capital is the largest in India.
Bengaluru also boasts of having the largest number of households with an annual income of Rs 10 lakh (Rs 1 million) or more.