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.
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 .
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.
All about automobiles industry in Karnataka. We don’t have just software industries but a reasonable presence of automobile industry too.
Karnataka is regarded as the biotechnology capital of India. The state is encouraging the biotech industry’s growth in the state. Read on to know more.
The plantation industry in Karnataka involves several high-value crops. Main districts for plantation are Chikmagalur, Kodagu, Hassan, Dakshina Kanada, etc.
Karnataka has one of the fastest growing pharmaceutical industries. The state govt. is focusing on expanding the pharma sector’s growth in the state.
Karnataka is one of the leaders of industrial growth in India. Know more about industries in Karnataka. The growth rate of Karnataka industry .