'Bangalore is becoming household name in IT'
Friday, May 30 2003 16:48 Hrs (IST)
World-Europe
Munich: Bangalore, the silicon valley of the East, is fast becoming a household name in information
technology all over the world.
President of Bavaria state Dr Edmund Stoiber said, "Bangalore is nowadays one of the world's leading
software producers."
Vajpayee said, "India would be keenly interested in developing institutional linkages with Bavaria, which
could upgrade the industrial and technological skills in our own polytechnics and universities."
He said Indian cities of Hyderabad, Bangalore and Delhi are also developing useful e-governance
systems. "There may be mutual advantages in sharing experiences. I have proposed a partnership
between Bavaria and one of our cities in the entire range of the knowledge trade," suggested Vajpayee.
Bavaria, one of the most industrially advanced states in Germany, is seeking greater interaction with
India, especially in IT and service sectors. Trade between India and Bavaria is currently around 500
million Euros, only 11 per cent of our exports to Germany. Imports from India are dominated by
traditional items such as textiles and manufactured items.
ANI
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