In a major breakthrough, the Central Government has given the green signal to the
#Bengaluru
-
#Hyderabad
Expressway. The highway, currently spanning four lanes, will be widened to a 12-lane
#expressway
. The project is set to reducing travel time & enhance safety for commuters.
Crompton Greaves in partnership with SNC (Shankaranarayana Construction) has completed a landmark LED street lighting project on
#Bengaluru
's Satellite Town Ring Road (STRR). This transformative initiative marks a significant step towards enhancing road safety. Crompton played a
Here is everything we know about the
#KWINCity
:
🧿 Strategically located between
#Doddaballapur
and
#Dobbaspet
, at 45 minutes from Kempegowda International Airport.
🧿KWIN will flourish across 5,800 acres
🧿The city's business ecosystem comprises four districts - Knowledge,
The
#Karnataka
approves Rs 684-crore plan to switch
#Bengaluru
streetlights to LED. The BBMP will replace around three lakh streetlights with LED lights. The scheme will be implemented in four packages in the seven zones of the city. The LED lights are expected to save up to 50
SAP Labs India's new campus in Devanahalli
#Bengaluru
, coming up at an outlay 80 million euros for phase one, is expected to go live by Q2 of FY25.
This second office, spread over 41 acres, will have the capacity to host 15,000 employees. This is also where its largest global
🚨📢 BIG! 🚨
US technology major IBM has leased 830,000 (8.3Lakh) sq ft office space in
#Bengaluru
's Embassy GolfLinks Business Park for a period of 10 years. Likely to Establish Global R&D and other verticals that it recently shutdown in
#China
.
The
#Karnataka
Government announced 17 Elevated Corridors in
#Bengaluru
to address the long standing traffic issues in the city. 👇🏽Below is the list of locations for these proposed corridors.
🚨📢 GCC 🚨
US-based Illumina Inc., a global leader in DNA sequencing and array-based technologies, has announced that it will establish a Global Capability Centre in
#Bengaluru
, India, as an investment to expand its technology workforce in support of a global customer base.
DyCM
@DKShivakumar
held a key meeting with all MLA's & the Opposition to discuss various projects for the development of
#Bengaluru
. Here are some of the key decisions that were taken:
🧿🔹️To Booth Tourism in
#Bengaluru
, a 250mtrs Skydeck will come up in a 25 acre land parcel
So disappointing! ORR, a place where lakhs of people work, foreign delegation visit, an area that's part of our IT Hub definition has to beg for basic infrastructure. Any other city this area would be a spectacle. It's time to make ORR and surrounding area independent of BBMP and
The Government of Karnataka is set to launch Rs 48,686 crore long-term infrastructure plan for
#Bengaluru
. The Karnataka CM
@siddaramaiah
, during his
#IndependenceDay
speech, stated that the '
#BrandBengaluru
' concept is being implemented to transform the tech capital into a
Tech giant Samsung has renewed its lease for a 4 lakh sqft space in
#Bengaluru
's Bagmane Goldstone tower, at a monthly rent of 4.3 crore. Samsung R&D Institute India-Bangalore (SRI-B) is the brand's largest research and development (R&D) centre outside of South Korea.
Palike Bazaar,
#Bengaluru
's version of the famous Palika Bazaar(
#Delhi
), located close to Vijayanagar Metro Station is all set to open by the end of August. Developed under the Nagorothsna scheme, this will be
#Bengaluru
's first underground, air conditioned market with 75 shops
Here are some Big Ticket Office Leasing in
#Bengaluru
during August 2024.
Natwest : 370000
Hy Vee : 54000
Commonwealth Bank : 1400000
JP Morgan : 559000
Urban Vault : 100000
IBM : 830000
---‐--------------------‐------------
TOTAL: 3.31 Million
#Bengaluru
accounts for 27% of GCC Investments in
#India
& 37% of GCC Talent, the second being
#Delhi
at 15%. 👑 King for a reason.
Source: Knight Frank
According to a report by TeamLease Digital,
#Bengaluru
is the most prominent hub for Global Capability Centres (GCCs) in
#India
.
#Bengaluru
accounted for 36% of its client base for the first two quarters of FY25. Below is a glimpse of how major Cities Ranked:
1️⃣
#Bengaluru
: 36%
The
#Karnataka
government has shortlisted seven locations for a second airport catering to
#Bengaluru
. The seven locations are Harohalli, Dobbaspet,Tumakuru, Koratagere, Kunigal, Huliyurdurga and Malavalli. DyCM
@DKShivakumar
& Infrastructure Development Minister
@MBPatil
chaired
Air India Begins Work On Mega Aircraft Maintenance Hub In
#Bengaluru
. Spread across 35 acres, the new MRO hub will play a crucial role in maintaining Air India's growing fleet. The facility is set to create over 1,200 new jobs for skilled aviation engineers and will support more
🚨📢 GCC 🚨
Polestar (Nasdaq: PSNY), the Swedish electric performance car brand has collaborated with Infosys to establish a Tech Hub in #
#Bengaluru
.
Infosys will establish a global technology hub for Polestar at its development center in
#Bengaluru
, India. This hub aims to
🚨📢 NatWest Group has leased a new 370,000 sqft office in
#Bengaluru
at Bagmane Constellation Business Park. The new facility of 11 floors is a LEED-certified green building (Leadership in Energy and Environmental Design). The NatWest Group will be hiring 3000 software engineers
📢📢 Bengaluru Metro Rail Corporation Limited/
@OfficialBMRCL
has awarded contracts to consultants for feasibility studies to extend its network, which include:
1️⃣ Extension of the
#Bengaluru
Metro to
#Tumkur
(52.4 Kms)
2️⃣ Challaghatta - Bidadi, Harohalli - Silk Institute.
3️⃣
NTT DATA taps CSR fund to build high-tech government school at Lakshmipura in
#Bengaluru
.
This school, with total built-up area of 902 sqmts, has an innovative design. It features a circular structure that maximises energy efficiency and sustainability, including a rainwater
German optics maker Carl Zeiss is set to build one of its largest facilities globallly in
#Bengaluru
,
#Karnataka
with an investment of Rs 2500 crore. The firm has been allocated 35 acres of land by the Karnataka Industrial Areas Development Board (KIADB). Carl Zeiss is likely to
🚨📢 Big! 🚨
Delta Electronics has officially opened its new
#India
Headquarters and Global Research & Development (R&D) Centre in
#Bengaluru
.
Located in the Bommasandra Industrial Area, the new headquarters spans 657,000 Sqft and is expected to house up to 3,000 employees over
Taiwan's Bestec Group plans to invest Rs 200 crore in a new manufacturing unit near
#Bengaluru
. The project's aim to generate 5,000 jobs over three years. The facility will produce adapters, chargers & cables, targeting an annual turnover of Rs 2,500 crore.
The manufacturing sector, traditionally driven by cities like
#Pune
,
#Chennai
, and
#Delhi
-NCR, is now seeing significant growth in
#Bengaluru
.
#Bengaluru
's warehousing & manufacturing leasing is experiencing steady growth in early 2024, primarily driven by the third-party
🚨📢 GCC 🚨
Foxconn-backed automotive technology company SiliconAuto has set up its Research and Development (R&D)centre in
#Bengaluru
which will focus on semiconductor product design and system on-chip development for the automotive sector.
SiliconAuto is a joint venture between
Halfway through 2024,
#Bengaluru
is truly killing the Office Space Absorption & Supply Game against it's competitors. Have a look at the Dashboard below 👇🏽
City Absorption Supply
#Bengaluru
8.5 7.7
#Delhi
-
#NCR
5.2 1.9
DN Solutions, the world's third-largest machine tool manufacturer, said it will establish a new plant and R&D center in
#Bengaluru
. The company signed a MOU with
#Karnataka
. A 100,000 sqmt mega factory will be built near Bengaluru and is expected to be completed by 2026.
The BMRCL has commenced laying tracks on the Blue Line Metro viaduct constructed between Saraswathinagar and Doddnekkundi along the ORR. This marks a significant Milestone in the construction of 19km elevated line between Silk Board & KR Puram under Phase 2A. The 2.5 km stretch
The
#Karnataka
cabinet on Thursday, cleared a proposal to raise long-term loans for the implementation of the
#Bengaluru
Peripheral Ring Road Project. The loan component will be 75% of the overall project cost.
The Cabinet decision leaves the option open on the mode of
🚨📢 MASSIVE! 🚨
After Project Elephant, involving setup of a iPhone Manufacturing Facility in 300acres in
#Bengaluru
, Foxconn will take up Project Cheetah in
#Bengaluru
, it will setup it's largest facility outside
#China
with an investment of Rs 25000 crore. The company has
🚨📢 Chevron Global Technology & Services has leased 300000 Sqft Office Space from RMZ Corporation in
#Bengaluru
.
Chevron Global Technology & Services Pvt Ltd is establishing the USD 1 billion Chevron Engineering and Innovation Excellence Center (ENGINE) at RMZ's project 'RMZ
🚨📢 In an effort to expand its footprint in India, Microsoft has opened a new innovation hub in
#Bengaluru
. Puneet Chandok, president of Microsoft
#Indian
and South Asia took to LinkedIn to announce this news.
As of June 2023,
#Bengaluru
has the highest percentage of Green Compliant office buildings among all Indian cities. Green roofs, rain water harvesting, energy efficiency, incorporating natural elements like sunlight, ventilation etc. are features of green compliant offices.
Here
Toyotetsu India Auto Parts Pvt Ltd is investing in a new fourth plant in Bidadi,
#Bengaluru
to support Toyota Kirloskar Motor Limited. The 450 crore investment was cleared by the
#Karnataka
Single Window Clearance Committee (SLSWCC) chaired by the Minister for Large, Medium
🚨📢 US headquarterd Media and Streaming Devices company 'Roku' has opened their new office in
#Bengaluru
. This new office will serve as an innovation hub, driving advancements, software engineering & product development.
#Bengaluru
accounts for the highest office space absorption by Global Capability Centers (GCCs) in India at 4.3 million square feet, according to a Knight Frank India report. As per data cited in the report, between 2018-2023,
#Bengaluru
witnessed a total of 1,368 office deals by
The
#Singapore
Business Federation(SBF) is planning to establish an office in
#Bengaluru
, with
#Karnataka
offering support and land for the project. The move aims to create a 'Singapore in Bengaluru' and attract investments.
The high-level delegation, led by Prasoon Mukherjee,
🚨📢Nidec, a leading Japanese company,is committing $55 million to establish a new facility in
#Hubballi
by 2025. The technologically advanced facility will be setting up six factories focussing on the mass production of electric vehicles (EVs) for two,three & four wheel segments
The 287km Circular Rail Link project, aimed at easing congestion & enhancing connectivity around the city's outskirts, is beginning to move forward: MoS for railways
@VSOMANNA_BJP
said the Rs 23,000crore project is progressing with the preparation of a DPR.
#Bengaluru
#Karnataka
US-based Lam Research Corp,breaks ground for systems lab at its India Center for Engineering in
#Bengaluru
. The new facility will enable Lam engineers in
#India
to design, test and validate semiconductor manufacturing processes and equipment site and on tool with active
Otis India, a subsidiary of Otis Worldwide Corporation (NYSE: OTIS) - the global leader in the manufacture, installation and servicing of elevators and escalators, has announced an expansion in capacity and capabilities of its
#Bengaluru
manufacturing facility.
The expansion
After repeated failed attempts to attract bidders for the
#Bengaluru
Peripheral Ring Road Project(
#PRR
),BDA is now planning for a combination of road-cum-metro for the proposed
#PRR
& is hoping to attract bidders under the new formula.
#Karnataka
rolls Red Carpet for
#Foxconn
. Karnataka CM
@siddaramaiah
hosted a dinner for Senior Foxconn officials including the Chairman & CEO of Foxconn Young Liu. The dinner meet was attended by the Industries Minister
@MBPatil
, DyCM
@DKShivakumar
, IT-BT minister
#Vancouver
,US Headquarterd ZoomInfo (NASDAQ: ZI) a company that delivers accurate, real-time data, insights & technology to more than 35,000 companies worldwide, have expanded their
#India
presence with opening of their new office in
#Bengaluru
.
JP Morgan Services (India) Pvt Ltd has leased 559,000 sq ft of office space in
#Bengaluru
for a monthly rent of Rs 4.4 crore. Spread across the first 10 floors, the office space is located at Embassy Tech Village(ETV) in
#Kadabeesanahalli
.
Source:
🚨📢 Ohmium opens Rs 2,000 crore green hydrogen electrolyzer gigafactory near
#Bengaluru
. The plant is od 500 MW capacity will scale to 2,000 MW gradually, generating jobs and using water electrolysis for green hydrogen.
#Bengaluru
headquartered Flying Wedge Defence and Aerospace (FWDA) announced the successful maiden flight of indigenous unmanned bomber aircraft, the FWD 200B. Classified as a Medium Altitude (15,000 feet) Long Endurance (MALE) Unmanned Aerial Vehicle (UAV), the FWD 200B is
India's IT capital
#Bengaluru
is expected to continue its lead in
#India
's commercial real estate market with 330-340 million sqft of office stock by the year 2030, according to a report by
@FollowCII
&
@CBRE_India
.
From Povai in
#Mumbai
to Sarjapur in
#Bengaluru
. Quick commerce startup Zepto will be relocating it's Headquarters to Namma
#Bengaluru
! The three-year-old company, which has its business verticals in Mumbai and tech and product teams in Bengaluru, will bring all its 1,700-1,800
🚨📢GCC 🚨
MathCo®, a global leader in Enterprise Al and analytics, has leased 200,000 Sqft space for its Global Delivery and Intelligence Centre located at IWF Campus in
#Bengaluru
.
This facility will serve as MathCo's global headquarters housing its workforce that builds and
Sumadhura Group has leased 1.8 Lakh Sqft of warehousing space to NX Logistics India (Nippon Express) at Sumadhura Logistics Park in
#Bengaluru
.
This marks one of the largest a housing transactions in 2024.
KIA
#Bengaluru
/
@BLRAirport
becomes first airport in
#Asia
to receive Level 5 Accreditation of ACI. KIA has made a 95.6% reduction in Scope 1 and 2 Greenhouse Gas (GHG) emissions, attaining the highest emission elimination by an Indian airport, achieved seven years ahead of the
In a huge boost to
#Bengaluru
Public Transport Infrastructure, the Union Cabinet has approved Namma Metro Phase-3 of the
#Bengaluru
Metro Rail Project, which includes two elevated corridors spanning a total of 44.65 kilometers with 31 stations.
Ⓜ️ The first corridor will stretch
🚨📢 Global energy solutions provider Chevron is investing $1 billion in a new Research and Development (R&D) hub called Chevron Engineering and Innovation Excellence Center (ENGINE) in
#Bengaluru
. This marks the company's first engineering and innovation center in
#India
of
#Bengaluru
secures the top spot as the premier destination for Banking, Financial Services and Insurance (BFSI) Global Capability Centres (GCCs), as it houses 35% of all BFSI GCCs.
According to a report by Careernet,
#Bengaluru
houses a thriving talent ecosystem, where 26% of
🚨📢 US grocery giant Hy-Vee expands
#India
operations with leasing of 54,000 sqft office space at Karle Tech Park,
#Bengaluru
. The new office accommodates up to 350 employees, features a garden city theme, 17 meeting rooms, collaboration spaces and phone pods. Notably, it
The
#Karnataka
Government has decided to revamp the
#Bengaluru
PRR committee, with the DyCM
@DKShivakumar
himself taking Charge as the Chairman of the Committee, this move is said to have been done to expediate the much delayed PRR. Further, the change of nomenclature for the
Rapido,
#India
's largest ride-hailing and employment generator platform has leased 40,554 sqft office space for it's new Corporate Head-Office at Mantri Commercio, Bellandur
#Bengaluru
.
Long-time Captains and customers took the lead in inaugurating the new office, symbolizing
US Headquarters Clinical Research Organization, Emmes has expanded it's
#India
operations with a second office in
#Bengaluru
. Emmes is dedicated to helping biopharmaceutical, government, non-profit and academic partners achieve their development & human health goals through
Basingstoke,UK based company DeLaRue has expanded it's
#India
operations with a new office in
#Bengaluru
to enhance its software capability. De La Rue is the world's largest commercial banknote designer, printer and passport manufacturer. They work with over 140 countries around
Pratt & Whitney, an RTX business, has launched a new Customer Service Center in
#Bengaluru
. This facility will be part of Pratt & Whitney's India Capability Center, known as UTCIPL, and will provide support for Pratt & Whitney's 68,000 engines in service.The center will employ
L&T announced that it will be acquiring
#Bengaluru
-based semiconductor design company SiliConch Systems. Under the agreement, L&T's wholly owned subsidiary L&T Semiconductor Technologies will be buying a 100% stake in the startup for 183 crore.
The 7.5-km stormwater drain between Hebbal and Hennur, running parallel to the busy Outer Ring Road (ORR), is in for a makeover.
#Bengaluru
's civic body has decided to acquire private properties situated in the 50-metre radius of the SWD for public use. Besides beautification
📢🚨 Tata Elxsi has inaugurated a Mobility Innovation Centre in
#Bengaluru
. Set up in collaboration with global automation firm Emerson, the Tata Elxsi + NI Mobility Innovation Centre (TENMIC), aims to accelerate automotive innovation, software solutions, and global automotive
Co-working firm BHIVE Workspace has taken on lease 42,000 sqft of premium Grade A office space in Mahadevapura,
#Bengaluru
from Brigade Group to expand its business amid rising demand for flexible workplaces. This new facility is designed to support 1200+ seats.
The much-anticipated ropeway project at Nandi Hills in
#Bengaluru
, might finally see light following the tabling of the Karnataka Government Parks Preservation (Amendment) Bill 2024 in the Assembly to facilitate its implementation. Amendments are being made to Section 5 of The
Roku, the TV streaming pioneer, said on Tuesday that it is opening its new office in
#Bengaluru
. Located in Embassy Golf Links Business Park(EGL), Challaghatta,the site will serve as a key innovation hub for the company, driving advancement in cutting-edge technology, software
🚨📢 US headquarterd Media and Streaming Devices company 'Roku' has opened their new office in
#Bengaluru
. This new office will serve as an innovation hub, driving advancements, software engineering & product development.
Intellect Design Arena announced the opening of a Global Partnership Office in
#Bengaluru
. The Bengaluru office will serve as a hub to nurture partnerships, enhance technical capabilities & accelerate the deployment of Intellect's advanced financial technology solutions composed
IIM Bangalore and alumnus Mathew Cyriac signed an MoU to establish the Tony James Centre for Private Equity and Venture Capital. This centre in
#Bengaluru
happens to be
#India
's first Global Centre of Excellence(CoE) for PE & Venture Capital. Supported by Mr. Tony James, the
Boeing India Supports Shishu Mandir,
#Bengaluru
with New Education Centre. This new 6000 sqft facility is designed to support 850 community beneficiaries daily, enhancing their educational, recreational, and day-to-day activities.
#Bengaluru
will aim to break into the league of top 10 startup ecosystems in the world from the current position of number 21, said
#Karnataka
IT Minister
@PriyankKharge
. GDP growth rate of Bengaluru is projected to grow at 8.5% till 2035, making this city an ideal destination
📢🚨 The
#Bengaluru
Airport City, a commercial and hospitality development hub being developed around Kempegowda International Airport (KIA), will see a development of over 45 million sqft. The development will have commercial office spaces, hospitality & smaller retail
The #
#Karnataka
government has embarked on a comprehensive plan to establish the state as a global hub for animation, visual effects, gaming, and comics (AVGC).
#Karnataka
is planning a dedicated AVGC-XR Park & a Gaming Centre of Excellence (CoE) in a step to augment the growth
🚨📢 Kyndryl Launches Global Security Operations Centre (SoC) in
#Bengaluru
. The SoC in Bengaluru is designed to be a cyber defence hub that operates around the clock to offer cyber threat intelligence & incident response, collaborating with Kyndryl's global network of
Centre to inaugurate state-of-the-art EV testing facility in
#Bengaluru
. This strategic initiative is aimed at expanding EV battery and charger testing capabilities, crucial for the growing EV ecosystem. This cutting-edge facility is expected to play a pivotal role in supporting
🚨📢 ZETWERK joins hands with SMILE to set up IT hardware factory in Devanahalli,
#Bengaluru
. The facility will boast fully automated production lines equipped for assembling, testing, and packing of Desktops, Laptops, Energy meters and Remote Controls. Cutting-edge technology
#Bengaluru
Becomes India's Biggest Real Estate Seller Last Financial Quarter, according to a report from Real Estate Intelligence Service (REIS) of JLL Research.The report also pointed out that new launches in Bengaluru increased by almost 45 per cent, with 16,537 units.
The
#Karnataka
CM
@siddaramaiah
will kick off work on KHIR City on September 26.
The CM will launch the first phase of a groundbreaking project on 2000 acres, with the initial phase covering 500 acres. The Rs 40,000 crore project aims to create 100,000 jobs.
The city will
Indian Institute of Science (IISc),
#Bengaluru
has been recognized as the best University in
#India
for 9th time in a row by the National Institutional Ranking Framework (NIRF) 2024 rankings.
The proposed Bamboo Bazar Metro Station,under construction by BMRCL,will feature a complete bamboo decor, marking a first for Indian metro. Furthermore,5 km stretch from Jayadeva Hospital to Meenakshi Temple,will be developed with Bambusa multiplex.
#Bengaluru
SalamAir, first low cost carrier based in
#Oman
is the latest International Airline to commence operations from Kempegowda International Airport/
@BLRAirport
. The Airline will operate the
#Bengaluru
-
#Muscat
route bi-weekly starting from September 7, 2024. As per the schedule,
#Bengaluru
suburban rail (BSRP)to
@BLRAirport
is finally on track.
@KridePrm
will float tenders for the Sampige Line in two packages. The civil work tender for the KSR Bengaluru City to Yelahanka section will be invited in 15 days, while the tender for the remaining Yelahanka to
Larsen and Toubro Ltd. (L&T) said its Buildings & Factories vertical has won an order to construct a State-of-the-Art automobile plant for a "Prestigious Company" in #
#Bengaluru
in the range of ₹1,000 crore to ₹2,500 crore. The company said the plant will be constructed by
🚨📢 South Korea headquarterd HyVision signed an MoU to build a new camera inspection machine plant in
#Bengaluru
near the Foxconn facility with an investment of Rs 40crore. The clientele of HyVision currently includes Tesla, Apple, Hyundai among many others.
Siemens Limited has obtained an order from
#Bangalore
Metro Rail Corporation Limited (BMRCL) to electrify the
#Bengaluru
Metro Phase 2 Project. Siemens will create, construct, implement, & test rail electrification technologies in addition to a digital solution that consists of
JSW Group signs MoU with MSRIT, Sharika to set up 'Center of Excellence' in
#Bengaluru
. This triparty collaboration will establish at the MSRIT campus in
#Bengaluru
, the JSW Center of Excellence (JSW-COE) for Smart Grid technologies.
Chicago Headquarterd Project44 has leased 45,000 Sqft Office Space in Zonasha Frontier,
#Mahadevpura
,
#Bengaluru
.
Project44 is a leader in supply chain visibility and the only High-Velocity Supply Chain platform. The location will help with project44's global expansion.
United States Headquarterd leading global company, specializing in data and Al Onix, will open a Technology Hub In
#Bengaluru
.
Onix has announced the launch of new Google Cloud Innovation and Delivery Hubs in
#Bengaluru
&
#SanFrancisco
. This move builds upon Onix's existing
A one-of-a-kind Centre of Excellence (CoE) for Active Mobility in India will be set up in
#Bengaluru
by the Indian Institute of Science (IISc) Sustainable Transportation Lab (IST Lab) & Urban Morph.
The centre will work on research, plans, collaborations, and monitoring and
🚨📢 Apple Inc has agreed to lease an entire office tower from property developer Embassy Group in
#Bengaluru
. The office space covering more than 400,000 sq ft in the city's Sankey Road, setting a record for the office property mar ket in India's Silicon Valley