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Tier-II cities are need of the hour
by Dr. Vinay Gupta on Sep 28, 2006 01:13 PM

I agree to that. Looking to rising costs of living in tier-I cities like bangalore, hyderabad it becomes very difficult for companies to operate out of those cities. The manpower cost, land cost, amenities & support services all have become much costlier as compared to those in tier-II cities. In turn it just offers brand name, connectivity and some infrastructural facilities. What we need to do is find a mix of two. Have presence in top cities with majority of work being done at tier-II cities. Even outsourcing can be a good option to save self from headache of maintaining operations in tier-II cities.



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8 lessons for entrepreneurs