Infrastructure problems have started taking their toll on Banglore's software industry. Software majors have started cutting down their expansion plans for the city and are also reducing their future hiring plans.
"Travel time in Bangalore has expanded a lot. The industry has grown very large and is now growing faster outside of Bangalore. All software companies are saying their hiring here for the 2007 fiscal year will be far lesser than for 2006," says Infosys CFO T V Mohandas Pai.
IndianExpress reports.