Assocham says Bangalore may lose its crown of India's Tech Eden to Gurgaon and Noida in the national capital region which are steadily becoming preferred destinations for companies offering IT, ITeS, BPO, BTO and KPO services.

But many beg to differ, with valid reasons.

Kris Gopalakrishnan, CEO of Infosys Technologies, said data did not prove that Bangalore was losing its sheen. "It's the single largest IT hub, and the city still houses 35% of the country's tech workforce. Ask MNCs, they would say they want to be in Bangalore." He said each city had its own challenges, including problems of infrastructure. He further pointed out that Bangalore, which has a high concentration of IT/ITeS companies, could not be compared with Gurgaon and Noida that have multiple industries.