Bangalore (officially Bengaluru) is a colourful and vibrant city, having been built at 3000 feet it has a temperate climate all year round. The history of the city goes back to 900 CE but is formally recorded from the 1500s. With a population of over 5 million Bangalore is the third most highly populated city in India.
We have chosen Bangalore to be the centre of operations for TCL India for many reasons. We have a good network of contacts in the vicinity, it is recognised as the IT Hub of India and attracts many resources to it's populace. It has good schools and universities generating a rich vein of future employees for our business; an area I am sure we will explore once established, will be working with some of these in the same manner that TCL work with Exeter and Bristol universities in the UK and Boston univeristy in the states. More importantly we have a track record of working successfully in India and Bangalore. Other markets are emerging but India is still way ahead of the competition. Areas like China are already in contention, but for the immediate future, India is still leading the way. We are looking to return to India as soon as the formal business concern has been created, which should see us there in February 2008. From that point onwards we will be returning on a quarterly basis.