Karnataka Industrial Policy for 2014-2019 aims to revive the state’s financial growth and improve employment. Read on to know the highlights of the policy.
Industries in Karnataka
Karnataka is one of the leading industrial states of India. Holding the fifth highest GDP ranking among all Indian states, Karnataka’s GDP growth is 17% (2016-17). This indicates its potential for further industrial growth.
Bangalore, the capital of Karnataka, is the IT hub of India and also the fourth largest technology cluster in the world. Industrial diversity is evident from the fact that Bangalore has earned the nickname of ‘garment capital of India’. The state has a total of 47 IT and ITeS SEZs along with three software parks. Presence of dedicated IT investment regions is supportive to the fast growth of its IT industry.
The largest software exporting state of India, Karnataka, has robust textile, agro, aerospace, heavy engineering and automobile industries too. Around 60% of biotechnology companies have a branch in Karnataka and it generates 50% of the total revenue earned by the Indian biotechnology industry. Read more about industries in Karnataka .
Get detailed information about SEZs in Karnataka. Rules keep changing, we will try to be as current as we can
The deadly coronavirus outbreak has virtually suspended all aspects of our lives. While the numbers continue to rise, laboratories across the world are scrambling to formulate a cure and a vaccine to fight against the virus. There are hydroxychloroquine manufacturers in Karnataka too. District-Wise COVID-19 Cases In Karnataka One of the medicines that have found […]
When the rest of India runs on chai, the people in Karnataka are in love with coffee. Here is a list of top 10 coffee producers in Karnataka. Though our country has been growing and exporting coffee since the 1600s, the beverage gained popularity in recent times, owing to the evolving café culture. Today, India […]
KMF has more than 18 lakh milk producers The annual turnover for 2018-19 was Rs 155,000 crores KMF retails milk and milk products through a brand named Nandini You can buy Nandini products online through their e-com site The Karnataka Milk Federation (KMF) is the second largest dairy co-operative in India. With an annual turnover […]
Pavagada Solar Park, Shakti Sthala, once attains its full potential is set to become the largest solar park in the world. Know about Pavagada Solar Park.
Karnataka boasts of a flourishing textile industry. To help it grow further, the state government is providing support and subsidy to the textile industry.
Karnataka’s iron and steel industry is one of its main industries. The state government is working to ensure further growth of the industry in the state.
The petrochemical industry in Karnataka is growing at a sustained rate. The state offers lucrative investment opportunities for investment in this industry.
Cement industry in Karnataka is growing at a faster rate. The govt is helping Karnataka’s cement industry with effective industry policies and initiatives.