This article is more hype than reality. Bengaluru may be crowded and over-heated, but the same is being said about the traffic and HR situation in Silicon Valley.

What this article is most relevant for is small captive (non-commercial) IT development centres, which are not easy to manage remotely or economically regardless of location. The IT and ITeS outsourcing industries in Bengaluru are still highly competitive globally.

Yes, wages are going up and will continue to do so, but studies show that this is mostly for experienced specialists.

It is the falling U.S. dollar and the rising INR that is causing the most concern.