Write the importance of knowledge – based industry and Explain briefly why these industries are located in major cities.

Question

Write the importance of knowledge – based industry and Explain briefly why these industries are located in major cities.

Answer 1

Significance: Computer software industry in India are :

• The Aptitude of Indians for mathematics. 
• Another reason may be the cost advantage of production in India. Global software firms are attracted to India’s large, skilled labour force. 
• It has the second largest number of English speaking scientific professionals in the world, after the U.S. 
• The Indian software industry focuses more on management information and decisions support systems, banking, insurance and financial applications, artificial intelligence etc.

Distribution :

• The major software and hardware producing companies include M/s Altos, HCL, Info systems, Wipro, Digital Equipment (India), Zenith Computers, Tata Honey well, Unicorp Industries, Eseda Industries, Infosys, BEL software, PSI Data are global software firms having manufacturing base in India. 
• Among the states of India Karnataka, particularly Bengaluru is the most important destination of Indian software industry so it is called Silicon Valley of India. 
• In addition to Bengaluru software industries are also, developing in many centres of Karnataka such as Mysore, Mangalore, Udupi, Hubli etc.