These are certainly exciting times for India. Over the last two decades, the country has emerged as an economic powerhouse with a high annual GDP growth rate. Entrepreneurial vigour, technological advancements in industry and high-value exports have contributed to the surge; alongside, domestic markets continue to expand. Together, these factors will ensure that India's growth story will sustain over the long term.
No city, perhaps, exemplifies India's growth potential better than Bangalore. The city, appropriately called the 'science and technology capital of India' houses some of the leading institutions in the world such as the Indian Institute of Science, Indian Space Research Organization (ISRO), and a range of corporations engaged in Information Technology, Biotechnology, Life Sciences, Avionics, Engineering and Machine Tools, both in the public and private sectors. The broad economic base includes apparel, pharmaceutical companies, service and FMCG companies, and extends to a vibrant Small & Medium Enterprises (SME) sector.
No wonder then, that some of the biggest multinational corporations have set up research laboratories in Bangalore. The city is cosmopolitan, culturally diverse and is considered as one of the best cities in the world for management education. Bangalore is a good laboratory for understanding trends in any sector. The Indian Institute of Management Bangalore (IIMB) is proud to be a part of this emerging India, and is fortunate to be located in the rapidly evolving city of Bangalore.
The Garden City
With many parks and botanical gardens spread across Bangalore's landscape, Bangalore is known as the Garden City. Given its geographical location and altitude of 920m (3021ft) above the sea level, it has a pleasant climate. Winter temperatures rarely drop below 12°C (54°F), and summer temperatures seldom exceed 35°C (95°F).