Bureau of Business Research, The University of Texas at Austin
Abstract
Monterrey, the capital of the northeastern Mexican state of Nuevo Leon, has historically been considered an industrial city. In the last few years, a major shift has begun to propel the region beyond the confines of physical industrialization and transform it into a knowledge city. In addition to the investments to support new Mexican startups, Information Technology (IT) companies from India are locating subsidiaries in Monterrey. This article presents the reasons why Monterrey has been attracting Indian IT companies and what if might mean for other regions who aspire to become technology centers.IC2 Institut