Karnataka is amongst the top 10 states in all indices of growth since Independence. Bangalore is amongst the fastest growing cities in the world. It has become the global hub for software development, drug design, clinical research and biotechnology.
Its is the home of several national academic/research institutions of repute viz. Indian Institute of Science, Indian Institute of Management, CPRI, LRDE, BIOCON etc. It is expected that there will be over 2 Million professionals based in Bangalore by 2010. The environment provides ample scope for a project of this nature.