Home / Karnataka

Karnataka

Initiatives making Karnataka a prime warehouse location

Ranked No. 1 in NITI Aayog’s Innovation Index, Karnataka is a pioneer in embracing innovation and technology. Spanning 191,791 sq km and boasting a literacy rate of 75.36%, this state leads India’s technology sector, attracting investments and driving exports.

Notably, it is home to 400 Fortune 500 companies, making it a thriving hub for various industries. Emerging business opportunities span across auto, electronics, food processing, heavy machinery, and textiles.

The State of Karnataka is well-connected with 2 international airports, 47 national highways, and 145 state highways. The Bengaluru – Mumbai Economic Corridor and Chennai – Bengaluru Industrial Corridor enhance connectivity to major markets, highlighting its prominence in the industrial landscape. Karnataka holds the position of being the #1 service exporting state in India, earning recognition as an “Achiever” in the DPIIT Ease of Doing Business ranking for 2023.

Bengaluru, the capital city, is well-connected by rail to major cities, supported by key railway stations like Mysore, Shivamogga, Hubbali, and Chamarajanagar, and is the startup capital of India.

2 International Airports: Bengaluru and Mangalore

47 National Highways

145 State Highways

320 km Coastline

1 Major Port:
New Mangalore Port

10 Minor Ports

3,818 km Rail Network

Source: investindia.gov.in/state/karnataka

Karnataka’s Industrial Landscape

Karnataka presents an enticing landscape for industrial and entrepreneurial activities.

Karnataka’s prominence extends to technology and innovation, boasting the third-largest startup ecosystem globally and excelling in the technology sector with substantial investments and exports. Notably, Karnataka secures the third position in total FDI inflows in India, sustaining a healthy growth rate of 7.5%.

Recognized as the R&D Hub of India, the state hosts a multitude of companies, including 400 MNCs, contributing significantly to aerospace exports. The state has also achieved global recognition for pioneering initiatives, such as establishing the world’s largest 2,050 MW Solar Park at Pavagada, showcasing its commitment to sustainable energy.

The extensive connectivity infrastructure, featuring international and regional airports, national and state highways, and a robust rail network, further enhances Karnataka’s appeal for businesses.

Furthermore, the state’s educational system ensures a skilled workforce, while the ease-of-doing-business environment, with timely clearances, accelerates project implementations. Finally, government initiatives like Spoke-Shore, aiming to decentralize opportunities, also fosters employment in regions beyond Bengaluru.

The dynamic industrial landscape, innovation-driven initiatives, strategic connectivity, and investor-friendly policies all merge to position the State of Karnataka as one of the prime destinations in South India for sustainable and thriving logistics hotspot.

Focus Sectors in Karnataka

Automobiles and Auto Components
Pharmaceuticals and Medical Devices
Engineering and Machine Tools
Knowledge-Based Industries
Core Sectors – Steel and Cement
Sugar
Logistics
Renewable Energy
Aerospace and Defence
Electric Vehicles
Healthcare and Wellness
Biofuels
Higher Education

Economic Indicators

7.9%

GSDP Growth

4^th Rank

Technology Cluster in World
in Size

21

Operational SEZs

Horizon Industrial Parks in Karnataka

Horizon Industrial Parks in Karnataka, at Dobbaspet and Malur, present highly attractive locations for 3PL and manufacturing businesses, aligning with the state’s overall industrial prowess.

The two parks at Dobbaspet benefit from a prime location within the KIADB allotted area and are most deal for industrial and warehousing activities. Collectively encompassing 225 acres in the Neelmangala-Dobbaspet warehousing cluster, they offer proximity to key transportation hubs including the Mumbai-Bangalore highway. While the park in Malur, spread across 97 acres, located on the Malur-Whitefield Road, provides convenient access to the city of Bengaluru, the Kempegowda International Airport and most major railway stations.

Their Grade A status means assured compliance and offers versatile solutions, either plug-and-play or built-to-suit and is perfect for a diverse set of customer requirements.

No parks available