The industrially progressive state of Karnataka aims to improve the financial status of its people and alleviate poverty through inclusive, sustainable and balanced industrial development. The state’s approach of ushering in an environment of industrialization reflects its objective of improving per capita income, promoting higher capital formation and creating large employment opportunities. The Government of […]
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 .
The industrially progressive state of Karnataka has been instrumental in the growth and development of the leather industry of India. Karnataka started out as a small player in the Indian leather industry. The proactive initiatives by the government helped the state leather industry to strengthen its position at the national level. As the leather industry […]
Massachusetts Institute of Technology in its recent MIT technology review magazine placed Bangalore amidst eight of the world’s largest technology innovation clusters. To be included in a renowned and respected magazine brings Bangalore and its software population gratification and recognition. Besides Bangalore, the other areas mentioned in the MIT magazine are Boston, Israel, Silicon Valley […]
ArcelorMittal acquires 1,827 acre for steel plant in Karnataka World’s largest steel producer ArcelorMittal has acquired the possession of 1,827 acres plot of land for 6 million tonne steel plant in Karnataka.In its 2010 annual report, the company declared that it has completed all necessary formalities to acquire the land and is likely to get […]
Majority of IT activity in Karnataka is concentrated in Bangalore. Bangalore is also referred to as the Silicon Valley of India. A list of mobile app development companies in Karnataka (mainly Bangalore) Kulzila Robosoft – based in Udupi We will list the major IT players for you. This list is VERY far from complete. Aditi […]
In early 2010 the Union govt of India launched National Solar Mission to increase the usage of solar power in India. In June 2010 India’s biggest solar photovoltaic plant was inaugurated near Bangalore. The 3-megawatt solar power plant in Yellasandra village, 80 km east of Bangalore, comprises 13,500 solar panels, each with a 23-watt capacity. […]
Bangalore not only maintains its leadership in IT space but many popular ecommerce portals are based out of Bangalore Apparel Vucato.com – easy way to search multiple fashion sites! Koovs Myntra Tailorman – get your suit stitched without stepping out of your house! Books FlipKart – Online bookstore (now includes DVSs, Music, Games) Sapna Book […]
There are several leading internet ventures based out of Karnataka, majority from Bangalore. There are good content and ecommerce based portals in Karnataka. Oneindia – India’s leading Indian language portal Click.in – Free Indian Classifieds DaijiWorld.com – community portal for Mangaloreans ImmigrationWorld – guides for getting visa to every country in the world! MysoreCity.net Nevanta […]
Bangalore is the home of a lot of internet activity in India. There are few notable health portals that are based out of Bangalore. Diabetes and Endocrinology – all about Diabetes, Thyroid and other ailments by Dr. Arpan Health Care Magic HealthcareMagic is the world’s first portal allowing a live interaction between doctors and patients […]
September 2010 Shree Renuka Sugars Ups Stake In NCDEX; Buys 7% From Crisil Shree Renuka Sugars Ltd has hiked its stake in the country’s second largest agri-commodity exchange National Commodity & Derivatives Exchange Ltd (NCDEX) to 12%. The sugar company bought 7% stake from Standard & Poor’s backed rating agency CRISIL in a deal worth Rs […]