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Course Contents (India)
- The State of Karnataka
- Bangalore the Silicon Valley of India
- Information Technology in Karnataka
- Doing Business in Karnataka
Summary:
Karnataka is India's eighth-largest state, both in terms of area and
population. It is best known as India’s IT powerhouse or the Silicon
State of India.
Karnataka is among the leaders in economic growth in the country.
Employment and per capita income levels are high and almost the entire
population has access to education and health facilities.
Although agriculture is the mainstay of the population, the services and
industrial sectors have shown significant growth attracting major companies
from all over the world. Today, the services sector contributes the
maximum to the state's income.
Karnataka's capital city, Bangalore, is known as the 'IT Capital
of India' and is the fourth largest technology hub in the world.
In 2003-04, Karnataka's Information Technology (IT) sector contributed 36
per cent to the country's total software exports. Karnataka's software
and BPO exports touched US$ 4 billion in 2003-04, a 46 per cent jump over
US$ 2.6 billion in 2002-03.
Karnataka possesses a vast pool of IT professionals and some of the
country's best academic and premier research institutions. The state is a
prefered hub for R&D with several multinational and domestic companies. It
has over 100 R&D organisations. Karnataka also has the highest number of
biotech companies in the country.
Foreign Direct Investment in Bangalore Karnataka
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