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2nd Highest
2nd Highest

Karnataka stands 2nd among 26 Indian states attracting FDI Inflows worth $54.57 Bn from October 2019 to September 2024, which is ~20.8% of the National Share

5,500 IT/ITeS
5,500 IT/ITeS

Karnataka is home to over 5,500 IT/ITeS companies and ~750 MNCs providing employment to over 12 Lakh professionals and creating 31 lakh indirect jobs.

6.21%
6.21%

The exports from the state constitute 6.21% of India's total exports in FY 2023-24

State Potential

Climate Advantage

Karnataka is home to arid to semi-arid plateau regions, subhumid to humid tropical regions in the Ghats, and a humid tropical monsoon type that persists in the west coast plains. The state receives 80% of the rainfall in the southwest monsoon period, 12% in the post-monsoon period, 7% in summers, and 1% in winters, with the maximum rainfall received in the month of July.

The summers begin in late March, and the temperature rises in April and May. The winter season usually starts in December and lasts until February, with pleasant and dry weather and temperatures being the lowest at the beginning of January, which gradually increase in the following months.

Climate Advantage

Latest Policies & Schemes

  • Karnataka Startup Policy, 2022-2027

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  • Karnataka Renewable Energy Policy 2022-2…

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  • Karnataka AVGC-XR Policy 2024-29

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  • Karnataka Biotechnology Policy, 2024-29

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  • Karnataka Cyber Security Policy, 2024

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  • Karnataka Research, Development and Inno…

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  • Karnataka Industrial Policy 2020-25

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  • Karnataka Global Capability Centres (GCC…

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Major Investors

Focus Sectors of the State

01

Defence Manufacturing

Defence Manufacturing

India's defence manufacturing sector is rapidly growing, driven by high government investment, increased exports, and policies promoting self-reliance and technological innovation

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02

Electric Mobility

Electric Mobility

India's rapid EV growth, driven by government support, projects 17 Mn annual sales by 2030, enhancing sustainable mobility

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03

IT-BPM

IT-BPM

India's IT&BPM sector drives digital transformation, innovation, and economic growth, fueled by skilled talent, government initiatives, and disruptive technologies

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Resources to Set-up Business in India

FDI Policy (Consolidated)

Aimed to capture and keep pace with the regulatory changes, effected in the interregnum

pdf

Economic Survey 2023-24

Showcases the growth, development and prospects of the Indian Economy

pdf

Foreign Trade Policy 2023

Lays down a blueprint to integrate India with the global markets

pdf

Budget 2024-25

Presents broad aggregates of the Budget for easy understanding

pdf

Invest India Brochure

Single window to the New India Opportunity

pdf