The IT-BPM sector in India is on a scale of upward growth. Competition and innovativeness in this sector is driving companies to provide their best. This is causing a positive impact on the economic growth as well. Today companies in the IT-BPM sector in India are looking at the tier II and tier III cities of the country to expand their business.
Here are the top 5 cities that can be considered as the upcoming IT-BPM hotspots in India:
Bhubaneswar, the capital city of Odisha, is considered to be the best destination for doing business in India. According to a report by the World Bank, Bhubaneswar is an important commercial and trading hub in eastern India.
The city has established its position as a fast-growing IT business destination by developing several IT parks such as Infocity-1, Infocity-2, STPI-Bhubaneswar and JSS STP. There are several IT companies who have opened their offices in Bhubaneswar and are doing business from there. All these factors make the city one of the most lucrative destinations for the expansion of the IT-BPM sector in India.
Ahmedabad is regarded as one of the important cities for the expansion of the IT-BPM sector in India. It is among the top 10 largest cities of the country. The city has a significant presence in the information technology sector due to the presence of a number of IT company offices there.
The city has several good educational institutions and industries. As such, a large number of students and skilled workers flock to the city every year. This city in Gujarat has been named by NASSCOM as one of the “Super Nine Destinations” for IT-enabled services in India.
Kolkata is considered to be a major destination for the expansion of the IT-BPM industry in India. Kolkata holds the position of being the most important commercial and financial hub of eastern India. This capital city of West Bangal is the main port of communication for the states belonging to the north-eastern part of the country.
Kolkata has established itself as an IT hub of the country. There are a huge number of companies who are operating their offices from the city’s Salt Lake (Sector V) area. With the extension of Sector V and the construction of the upcoming township at Rajarhat, the city is fast turning into a lucrative destination for the IT-BPM companies.
Jaipur is known as the pink city of India. This capital city of Rajasthan is anticipated to become one of the major IT-BPM cities of the country.
The city already has the presence of several major names in the IT industry. There are offices of IT giants like Infosys, IBM, Cisco, HCL, Wipro, etc. Many big hospitality projects are in the pipeline for Jaipur. It is one of the cities that have all the ideal conditions for the expansion of the IT-BPM industry in India.
Visakhapatnam or Vizag is a city that is said to be the IT hub of South India. This city in Andhra Pradesh provides suitable atmosphere for the growth and development of the IT-BPM sector.
The city holds several advantages for the IT-BPM industry. It is not an over-crowded city and the rate of living is not very high here. As such, rentals of office space and salaries of software engineers are comparatively lower than other cities considered equivalent to it in infrastructure and facilities.
The presence of a large number of engineering colleges ensures that the city has ample supply of skilled youngsters who can become the backbone of the IT-BPM sector.