I am a person born in Bangalore and currently live in Bangalore. First i want to make this clear, Bangalore is not a threat to Silicon Valley or any Technology hub. With the way things are going on here, i would say pretty soon, it won't be a threat to anyone's job either.
Most of the top-tier companies are not actually technology companies but intermediateries between $5 Software or Electronics Engineers, $7 MBA's and Clients in Developed Countries. If these companies existed in Ancient Egypt, they would be in the business of supplying slaves to build Pyramids. There are hardly any Technology companies here which are actually in the business of creating and branding products. Most of them are sweatshops where you can buy a Fresh Engineer whose expertise is Java, C, C++, VB, Python, Ruby ( add languages as you hear them is the motto here).
Most of the top-tier companies are not actually technology companies but intermediateries between $5 Software or Electronics Engineers, $7 MBA's and Clients in Developed Countries. If these companies existed in Ancient Egypt, they would be in the business of supplying slaves to build Pyramids. There are hardly any Technology companies here which are actually in the business of creating and branding products. Most of them are sweatshops where you can buy a Fresh Engineer whose expertise is Java, C, C++, VB, Python, Ruby ( add languages as you hear them is the motto here).