Bengaluru, Oct 6: The IT hub of the country-Bengaluru is the most sought after cities in the country. With some of the premier MNCs located here, the background for IT discussion is all set. Home to 96 96,21,551 people, the growth rate was 47.18 % during 2001-2011.
62% of the total population here are migrants from other cities. Certainly, the atmosphere is liberalised and the IT is expanding too. With this cosmopolitan setting and a young crowd, there could not have been a better place for Modi to settle the trade and buisness scores with his German counterpart.
Moreover, Bengaluru is the place where Germany sees not only 'Make in India' by German companies but also top-notch R&D in India with companies like SAP, Bosch, Siemens, Mercedez Benz and many more.
Consul General of Germany in Bengaluru, Jörn Rohde says,"The visit of our Chancellor stresses the importance of the 9.7 billion Euro-German investment in India, 1,600 German companies in India, over 200 registered in Karnataka, provide jobs for more than four lakh Indians.
But at the same time it accentuates that this is not a one-way-street but an exchange in the true sense: the German economy gains tremendously by the innovation potential of the R&D centers."
Home to five German companies, Bengaluru will anytime have priority over other cities in the country. Thanks to SAP, Bosch, Henkel, Freudenberg, Siemens, Daimler.