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(From India Business Insight)
Software Technology Parks of India (STPI) states that 92 Information Technology (IT) companies set up office in Bangalore during Apr-Sep 2004.
Of these companies, 20 are business process outsourcing (BPO) companies while 56 companies involve 100 percent foreign equity. During Apr-Sep 2004, Bangalore witnessed an investment of Rs1,125 crore while its software exports increased by 34 percent. Currently, around 15 million square …