KARNATAKA’s Economic Fact Sheet

Exports (in percentage) 2013-

2014

Outstanding Investment By

Sectors (%)

Karnataka Advantage

-Hub for knowledge-based industries such as IT, biotechnology, and engineering., electronics, computer software. -science capital of India with more than 100 R&D centers-sugarcane is major crop, followed by maize, and rice.-Bengaluru is the 4th largest technological cluster in the world after Silicon valley, Boston and London.-India’s largest software exporter

Physical Infrastructure

Installed Power Capacity (MW)

Telecom

Karnataka Fact file Capital BengaluruGeographical area (sq km) 192,000Administrative Districts (no)

30Total population (mil)

61.1 Male population 31.1 Female population 30Literacy rate (%) 75.4Gross State Domestic Product (GSDP) US$ billion

97.1

GSDP (Growth) 2012-2013 14.9%Per Capita GSDP (2012)US$

1,585.5Exports (2010-2011) US$ bil 36.32FDI Inflows (2012-2013) bil 14.66

Gross State Domestic Product (US bil)

Road: well connected to five neighboring states, 20,770 km of state highways and major district roads Rail: Bangalore Metro Rail Project (Nama Metro) is implemented by Bangalore Metro Rail Corporation.Airport: International Airport – Bengaluru (first Green Field Int. Airport) (12.86 million passenger), and Mangalore.Port: one major port –New Mangaore. Major cargo have been handled by Karwar, Belikeri, Malpe and old Mangalore ports in 2010-11. A new port is being planned at Honnavar at a cost of US$99.5 million under PPP model.

From total Installed power generation capacity of 14,269 MW, 6,430 MW was contributed by thermal power. 254.9 MW and 3,985.1 MW was contributed by nuclear and renewable energy power respectively while hydropower contributed 3,599.8 MW.

Tourist Arrivals in Kartanaka (mil)

Wireless Subscribers

56,515,721

Wire-line Subscribers

2,262,584

Broadband subscribers

4,878,430

Major operators: Bharat Airtel, IDEA Cellular, Vodafone Essar, Bharat Sanchar Nlgam Limited (BSNL), Aircel Ltd, Reliance Communications, Tata Teleservices

Key Player in Bitotech IndustryBioconAstraZeneca IndiaJubilant Life Sciences LtdGlaxoSmithKline Pharma

Key Player in IT and ITes IndustryWipro LtdInfosys TechnologiesGenpactAccenture

Key Investment Promotion Office-Department of Industries and Commerce (DIC)-Karnataka Udyog Mitra (KUM)-District/State Level Single Window Clearance Committee-State High Level Clearance Committee

Cost of Doing Business in Karnataka (March 2015) in US$Industrial land (per sq ft)US$ 3.6 - 124

Power (per kWh) Com & Ind

US$ 7.9 – 9.7 cents

Labor (min wage/ day)US$ 2.2 – 5.4

Water (kilolitre) Bengaluru Metro Area

Non-Domestic: 59.7-99.5 cents Indt: 99.5 cents