Sectoral Advantages

The state offers very good opportunity for the industries in the sectors of Information Technology, Bio-technology, agro processing, engineering, textiles, floriculture and so on. The brief details on advantages-sector wise are given below :


Information Technology

Miles ahead of the rest
There are over 925 software companies employing over 80,000 IT professionals and 80 private IT parks. Apart from Indian IT majors like Infosys, Wipro, Tata Consultancy Services and Microland, the world's leading IT companies like GE, Texas Instruments, CISCO, Digital, IBM, HP, Compaq, Motorola, Lucent Technologies, Microsoft, Sun Microsystems, Oracle, Novell and several others have made Bengaluru their home. Bengaluru is also the first choice of overseas vendors for outsourcing. In fact about 50% of the world's SEI CMM Level 5 certified companies are located in Bengaluru.

Over 40% of Bengaluru's software exports are in the high technology areas-IT access networks, optical networks, video broadcasting, Bluetooth. WAP, 3G Wireless Applications, VOIP, ATM switches, SDH, etc. Software exports from Bengaluru touched an all-time high of Rs.79,517 crores (US $ 16 billion) during the year 2007-2008.


Biotechnology

Blazing a new trail
Karnataka leads the Indian biotechnology revolution with its excellent infrastructure and a highly integrated environment for biotech research. It is host to a number of leading biotech companies and start-ups, as well as some of the finest R&D facilities in the world - The Indian Institute of Science (ranked 18th best University in the world), The National Center for Biological Sciences, The Jawaharlal Nehru Center for Advanced Scientific Research, The University of Agricultural Sciences, The Central Food Technological Research Institute, and The Institute of Bio-Informatics and Biotechnology.

Biotech policy is aimed at encouraging investments, developing infrastructure and enhancing human resources.


Electronics and Telecommunications

The undisputed leader
The list of companies includes global giants like Siemens, Motorola, AT&T, Alcatel, Sony, Sanyo, GE and British Aerospace as well as national biggies like, Indian Telephone Industries Limited, BPL Limited and a host of others.

The state's turnover of over US $ 1 billion accounts for 20% of the national output. With Karnataka Government's Free Right Way Policy which allows private companies to lay Optic fibre cables anywhere in the state, the city will shortly have more players offering hitech connectivity at competitive costs.

Highlights

A 500-acre Electronics city in Bengaluru with several more in other centers. STPI-Bengaluru, provides incubation facilities and datacom services. Electronic trade and Technology Development Center provides quality human resource. Excellent telecom infrastructure with 140 out of 170 towns connected by OFC network. Hardware Technology park on the anvil.


Agro Food Processing

A sumptuous buffet of opportunities
With its 10 agro-climatic zones and nine district soil types, it is an ideal place for growing virtually every kind of agricultural and horticultural produce. Several major international food companies include Nestle, Unilever, Global Green, Danone, Wrigleys, Heinz, Pepsi and Coca-Cola, Nissin, Ovobel, among others. Karnataka is also the leader in floriculture, accounting for 75 % of India's total flower production.


Apparel

Dressing up the world in style
Being a major producer of cotton (1,70,000) tonnes and silk (8,200 tonnes), it is only natural that Karnataka should be a major center for textiles and garments with exports of over Rs. 138 crores (US $ 1.4 billion) in the year 2006-2007. Many leading international brands are now manufactured in Karnataka, viz. Arrow, Allen Solly, Lacoste, Tommy Hilfiger, Lee, Levi Strauss.

The Karnataka Government actively encourages the industry by setting up apparel parks that offer all modern facilities required for the industry to flourish.


Handicrafts

A rich tradition of exquisite craftsmanship
Karnataka, a land rich in history and culture, presents a bewitching range of objects d'art- exquisite sandalwood carvings, intricate inlay work on rosewood, splendid bronzes, beautiful bidriware, colourful lacquerware toys, ethnic dhurries, batiks, stone studded jewelry and incense sticks.


Automobiles

Reviving up for a revolution
The state boasts of a vibrant auto industry with investments of over US $596.73 Million and an annual turnover of US $ 408.16 Million. It is the preferred location of auto giants like Volvo, Toyota, Kirloskar, TVS Suzuki, Telco, L&T Komatsu and BEML as well as auto component majors like BOSCH, Delphi, Denso, Yuasa, VDO, Escorts, Rane and many more. Bengaluru is also the base for India's First electric car- REVA.


Banking and Finance

Extensive and excellent back-up
Karnataka offers strong financial support to entrepreneurs through several Government Karnataka institutions like KSIIDC, KITVEN and KSFC as well as Government of India financial institutions like IDBI, IFCI, SIDBI, NABARD and ICICI. Four of the country's major nationalized banks viz. Corporation Bank, State Bank of Mysore, Canara Bank, and Vijaya Bank, as well as one of India's largest private banks, Vysya Bank, have their headquarters here with the world's leading banking corporations like CITIBANK, Bank of America, Standard Chartered Bank, HSBC, Deutsche Bank, Bank Muscat, Nova Scotia and several others setting up their branches here.

Department of Industries & Commerce
#49, Khanija Bhavan, South Wing,
Race Course Road, Bengaluru - 560001