Bangalore economy is largely supported by the large number of IT industries located in the city. The other small, medium and heavy industries also make a great contribution to the economy of the city of Bangalore. Some of the major heavy industries of the city are Bharat Heavy Electricals Limited (BHEL), Bharat Earth Movers Limited (BEML) and Hindustan Motors (HM).
Bangalore economy is heavily supported by the IT industries of the city. The immense growth and development of the IT industries have led the city to be known as the 'Silicon Valley of India'. A large number of people from all over the country are employed in various IT industries of the place. There are both domestic and foreign based IT companies in Bangalore. Some of the IT companies based in Bangalore are as follows
- SPAN Infotech
- Accenture
- MindTree Consulting
- Cognizant Technology Solutions
- Wipro Technologies
- Tata Consultancy Services
- Ariba
- Bosch
- Cisco Systems
- Goldman Sachs
- HP
- NOKIA Finland Telecom
- Integra MicroSystems
- HCL Technologies
- IBM
- Infosys
- McAfee
- Capgemini
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- Intel
- Microsoft
- Honeywell
- Motorola
- Oracle
- Satyam Computer Services
- Google
- Siemens
- Consulting
- Yahoo
There are also a large number of heavy industries in Bangalore like Bharat Electronics Limited and Hindustan Aeronautics Limited (HAL). The various public sector industries also make a major contribution to the economy of Bangalore. The Hindustan Aeronautics Limited manufacturers produce fighter aircraft like Jaguars and Sukhoi 30 Flankers for the Indian Air Force. It also manufactures HAL Dhruv, HAL HF-24 Marut and HAL Tejas for Indian Air Force. They earn huge revenue through it, which in turn contributes to the economy of Bangalore city.
Some of the other industries that support the Bangalore economy are:
- Bharat Heavy Electricals Limited (BHEL)
- Hindustan Motors (HM)
- Indian Telephone Industries (ITI)
- Hindustan Machine Tools (HMT)
- Bharat Earth Movers Limited (BEML)
There are several small and medium scale industries in the Peenya industrial area. There is also a manufacturing plant of Toyota in Bangalore. One of the biggest biotechnology industries of India named 'Biocon' is located in Bangalore.
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