India's tech industry is shifting away from traditional hubs like Bengaluru and Mumbai due to factors like infrastructure challenges and rising costs.
26 Tier 2 cities are emerging as new technology hubs, offering a skilled workforce, advanced infrastructure, and cost advantages for companies.
These cities are attracting startups, with 39% of 2022 tech startups coming from Tier 2 cities, and investors are increasingly interested in these areas.
Emerging cities are also witnessing a surge in demand for office spaces and offer a high quality of life, making them attractive for both businesses and employees.