Karnataka
The Future being made in Karnataka
Karnataka is situated on the south west region of India. Bordered by the Arabian Sea and the Lakshadweep Sea to the west, Goa to the north-west, Maharashtra to the North, Telangana to the North-East, Andhra Pradesh to the east, Tamil Nadu to the South East and Kerala to the South-west, the State covers an area of 191,976 square kilometres (74,122 sq mi) – about 5.80 percent of the total geographical area of India. It is the seventh largest State of India by area and the eighth largest state in India by population.
Karnataka state renowned as Knowledge, Innovation and R&D Capital of India. One of the largest global tech hubs, it's a hub for Hi-Tech sector's with a thriving economy.
The state GDP stands at US$ 120 billion and is growing at a healthy 7% pa. It has an industrial output of US$ 61.5 billion and a cumulative FDI of US$18.30 billion since April 2000- September 2015. The value of total exports of the state is US$ 52 billion which contributes to 13% of India's exports to the world. This position of strength is vastly driven by three strong growth factors. Firstly, the location advantage that easily connects Bangalore directly with the most of the world; Secondly, the solid foundations that aid knowledge capital here: the state has many building blocks to its credit - It is the largest bio technology hub In India, It has the largest number of R&D centers, The largest number of medical institutes, industrial training institutes; largest software technology parks and 3rd largest engineering colleges in India.
Brimming with knowledge workers and intellect capital, Bangalore has won distinction of 'Best place to live and work by Expatriates' by the Global HR Consultancy Mercer. World class healthcare amenities, Top of the class educational institutions, International standard recreation and a vibrant cosmopolitan culture with varied global cuisine and vivid cultural confluences of Art, Culture and Theatre is truly driving a global lifestyle.
Karnataka has also been attracting a global audience with its integrated and strategic growth plans that offer immense investment potential across its varied sectors in Aerospace & Defense, Electronics system design and manufacturing (ESDM), Bio Technology & Pharmaceuticals, Auto and Auto Components, Precision tools & Heavy Engineering, Leather & Apparels
As per the Global Startup Ecosystem Ranking Report 2015,“Bangalore is home to approximately 3,100 to 4,900 active tech startups and has achieved the second highest growth rate for exit volume and VC investment among the top 20. As a result, Bangalore moved up four positions to #15 in 2015, advancing from #19 in the 2012 ranking”.
Karnataka startup policy 2015-2020 aims to create a world-class startup ecosystem in the state through strategic investment and policy interventions leveraging the robust innovation climate in Bangalore.
The Future being made in Karnataka
Karnataka is situated on the south west region of India. Bordered by the Arabian Sea and the Lakshadweep Sea to the west, Goa to the north-west, Maharashtra to the North, Telangana to the North-East, Andhra Pradesh to the east, Tamil Nadu to the South East and Kerala to the South-west, the State covers an area of 191,976 square kilometres (74,122 sq mi) – about 5.80 percent of the total geographical area of India. It is the seventh largest State of India by area and the eighth largest state in India by population.
Karnataka state renowned as ...