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
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.
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.
Latest Policies & Schemes
Karnataka Startup Policy, 2022-2027
Karnataka Renewable Energy Policy 2022-2…
Karnataka AVGC-XR Policy 2024-29
Karnataka Biotechnology Policy, 2024-29
Karnataka Cyber Security Policy, 2024
Karnataka Research, Development and Inno…
Karnataka Industrial Policy 2020-25
Karnataka Global Capability Centres (GCC…
Major Investors
Focus Sectors of the State
01
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
02
Electric Mobility
India's rapid EV growth, driven by government support, projects 17 Mn annual sales by 2030, enhancing sustainable mobility
03
IT-BPM
India's IT&BPM sector drives digital transformation, innovation, and economic growth, fueled by skilled talent, government initiatives, and disruptive technologies
Resources to Set-up Business in India
FDI Policy (Consolidated)
Aimed to capture and keep pace with the regulatory changes, effected in the interregnum
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