City
Epaper

Bengaluru remains top choice for MNCs' expansion as global giants strengthen presence

By ANI | Updated: February 11, 2025 14:25 IST

Bengaluru (Karnataka) [India], February 11 : Bengaluru, India's Silicon Valley, continues to solidify its reputation as the preferred destination ...

Open in App

Bengaluru (Karnataka) [India], February 11 : Bengaluru, India's Silicon Valley, continues to solidify its reputation as the preferred destination for multinational corporations (MNCs) expanding their footprint in the country.

In recent days, several global companies have announced new offices and expansions in the city, reinforcing its position as a technology and innovation hub.

Bosch Global Software Technologies marked a major milestone on Thursday with the inauguration of its new office in Electronic City.

The state-of-the-art facility will accommodate over 5,000 engineering and software development associates, fostering increased collaboration and innovation. The move brings multiple teams under one roof, enabling synergies across software and technology domains.

Adding to Bengaluru's investment momentum, S&P Global India has expanded its presence with a 33,000-square-foot office in Whitefield's PrimeCo City.

The newly launched space, equipped with 300 workstations, will support operations across S&P Global Ratings, S&P Global Commodity Insights, S&P Global Market Intelligence, and S&P Global Mobility.

The firm, which already has a workforce of over 650 employees in the city, sees this expansion as a key step in enhancing its operational capabilities.

"The space further strengthens our ability to deliver exceptional value while supporting the growth and development of our talented teams," said Nilam Patel, Managing Director - India Operations, S&P Global.

In addition to these developments, NYSE-listed data security company Rubrik announced earlier this year its plans to establish a new office in Bengaluru as part of its India expansion strategy.

The company initially set up an R&D center in Bengaluru in 2019, which has since evolved into a hub for data security and ransomware recovery innovation.

With global players scaling up their operations, Bengaluru continues to thrive as the go-to destination for MNCs, offering a rich talent pool, advanced infrastructure, and a dynamic tech ecosystem.

The city's continued ability to attract investments underscores its pivotal role in India's digital and economic growth trajectory.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Open in App

Related Stories

MumbaiMumbai Crime: 63-Year-Old Woman Killed in Goregaon, Elderly Husband on the Run

MaharashtraMaharashtra CM Devendra Fadnavis Calls Urgent Meeting to Review Security Situation Amid India-Pakistan Tensions

BusinessIndia UK FTA paves way for similar agreements with countries like USA, EU: Bank of Baroda

MumbaiMumbai: Siddhivinayak Temple Bans Garlands and Coconuts Amid India-Pakistan Tensions

Other SportsForeign players prompt PCB to move PSL to Dubai amid Indo-Pak tensions

Business Realted Stories

BusinessPromoter holdings in Nifty-500 drop to record low of 49.5% in March 2025; retail holdings remain stable: Motilal Oswal

BusinessX to block over 8,000 accounts in India after government order

BusinessWe stand in unwavering solidarity with our armed forces: Gautam Adani

BusinessAir India urges passengers to arrive 3 hrs prior to departure as India-Pakistan tensions rise

BusinessIndian Railways terminates catering contract with Hotel Rajasthan after passenger assaulted