Beyond Bengaluru, Tumakuru and Mangaluru: What FM Sitharaman said about tier-2 cities’ growth

For decades, Bengaluru dominated conversations around India’s technology sector. But the picture is now changing rapidly. Speaking at the Hero Mindmine Summit 2026, Union Finance Minister Nirmala Sitharaman, on Monday (June 15), said a new generation of cities is now a destination for global capability centres (GCCs), data centres, and technology investments, and it is moving beyond the traditional centres.