The state has been pioneer in the development of industries and providing an industry-friendly ecosystem that nurtures the spirit of entrepreneurship and innovation.
Karnataka is the 3rd largest FDI receiving state in the Country. The state is distinguished as the Knowledge Hub of Asia. Karnataka also houses largest number of Research and Development Centres in India. The World Economic Forum has is identified Karnataka among the top 4 innovation hubs in the World. World Bank’s Investment Climate Index has ranked Karnataka first for a “Healthy Business Climate and Attracting Investments”. The state has the distinction of having built a healthy eco system for Information Technology, Bio Technology, Aerospace, Semiconductor, Electronics and Hardware.