Intellectual Property

Is Bhubaneswar Becoming the Next IT Hub After Bengaluru?

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25th June 2024- Bhubaneswar is traditionally seen as the sleepy capital city of Odisha and a brief stop for tourists. Swiftly emerging as a formidable contender in India’s Information Technology (IT) landscape, Bhubaneswar is captivating the attention of startups, tech giants, and global investors & becoming the new IT hub. The city, now often called the “Silicon Coast of India,” is on the brink of eclipsing traditional tech powerhouses like Bangalore, Hyderabad, and Mumbai.

The Rise of Bhubaneswar’s IT Sector 

Bhubaneswar has distinguished itself with a conducive environment for tech innovation and business growth. It is free from the infrastructure challenges, high living costs, and traffic congestion often found in other major tech cities. This has made it an attractive destination for established IT companies and budding startups.

Leading IT giants such as Deloitte, Wipro, TCS, and Cognizant have already set up significant operations in Bhubaneswar, signalling confidence in the city’s potential. This influx of major players is paving the way for Bhubaneswar to become a new IT hub.

A Conducive Environment for Growth
Bhubaneswar offers several advantages that make it an ideal location for IT businesses:

Affordable Living: Bhubaneswar has a lower cost of living, which can be a significant draw for both professionals and companies alike.

Infrastructure: The city boasts modern infrastructure with less congestion, allowing for smoother business operations.

Talent Pool: With numerous educational institutions producing a steady stream of skilled graduates, Bhubaneswar has a robust talent pool ready to meet the demands of the IT industry.

The Future of  IT in Bhubaneswar

As Bhubaneswar continues to develop its IT infrastructure and ecosystem, it is expected to see a surge in tech startups. These startups are likely to benefit from the supportive environment and the presence of established IT firms, creating a vibrant and dynamic tech community.

With Bhubaneswar rapidly gaining momentum, it’s plausible that shortly, it will stand alongside Bengaluru as one of India’s premier IT hubs. This shift means that aspiring IT professionals may no longer need to move to Bengaluru to pursue their careers, as Bhubaneswar increasingly offers similar opportunities and resources. Bhubaneswar is poised to become the next big IT zone in India, bringing exciting prospects for the tech industry and positioning itself as a significant player on the national and global stage.

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