Bangalore, Jan 26 (IANS) The success of India's resilient IT industry makes US President Barack Obama mention Bangalore every time he talks about competition, Karnataka Governor H.R. Bhardwaj said Wednesday.

"Indian IT & BT (biotech) industry is synonymous with Bangalore. The very fact that the US president never forgets to mention Bangalore every time he talks about competition is a proof of recognition that we are in a position to compete with the best in the world," Bhardwaj said in his Republic Day address here.

Lauding the achievements of the IT and BT sectors in the state, the governor said Bangalore had emerged on the international map attracting attention of every developed country, even to the extent of inviting admiration and envy from none other than the US.

"Our economy recovered much faster than many developed economies from the recent recession. It is the farsighted policies of the Indian government and the skilled young entrepreneurs with the cutting edge technologies that are helping to move on the path of recovery," Bhardwaj said at the 62nd Republic Day celebrations in this tech hub.

The governor also highlighted the role of IT in ushering in e-governance and bringing several public services within the reach of the people across the state and Bangalore.

"The expectations grow faster than the speed at which we can provide services," he added.