ed, Bangalore's manufacturing base continued to expand with the establishment of private companies such as MICO (Motor Industries Company), which set up its manufacturing plant in the city. Bangalore experienced a growth in its real estate market in the 1980s and 1990s, spurred by capital investors from other parts of the country who converted Bangalore's large plots and colonial bungalows into multi-storied apartments. In 1985, Texas Instruments became the first multinational corporation to set up base in Bangalore. Other information technology companies followed suit and by the end of the 20th century, Bangalore had established itself as the Silicon Valley of India
