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.
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 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 .
Karnataka is considered to be the aerospace hub of India. Know about the major players and the future prospects of the aeronautics industry in Karnataka.
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.
Karnataka is a major producer of leather and leather goods. Read on to know in details about various aspects of the leather industry in Karnataka
Bangalore is ranked among top 8 IT clusters in the world. Read on to about the other cities that found a place in the rank list.
Karnataka is not only about IT and Biotech. The old but important industry of steel and iron is reasonably big in Karnataka.
Karnataka, especially Bangalore, has several software companies. Infosys, Wipro are not the only ones which operate out of Karnataka.