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Karnataka 2013 the SILICON VALLEY of INDIA

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Karnataka 2013 the SILICON VALLEY of INDIA MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA For updated information, please visit www.ibef.org 1 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Contents Karnataka – An Introduction Infrastructure Status Business Opportunities Doing Business in Karnataka State Acts & Policies For updated information, please visit www.ibef.org 2 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Karnataka Factfile → Some of the prominent cities in the state are Ankola, Bengaluru, Bagalkot, Belgaum, Bidar, Bijapur, Chikmagalur, Chitradurga, Dandeli, Hubli-Dharwad, Mangalore, Mysore and Shimoga. → Karnataka has a tropical climate with three major seasons: warm and dry from February to May, monsoon from June to October and winter from November to January. Parameters Karnataka Capital Bengaluru Geographical area (sq km) 191,791 Administrative districts (No) 30 Population density (persons per sq Source: Maps of India 319 km)* → Karnataka is located in the Southern region of India. It Total population (million)* 61 is surrounded by the Arabian Sea in the West, Goa in Male population (million)* 31 the Northwest, Maharashtra in the North, Andhra Pradesh in East, Tamil Nadu in the Southeast, and Female population (million)* 30 Kerala in the Southwest. Sex ratio (females per 1,000 males)* 968 Literacy rate (%)* 75.6 → Languages spoken are Kannada, Tulu, Kodava, Hindi and English. Sources: Economic Survey of Karnataka 2011-12, *Provisional Data – Census 2011 For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 3 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Karnataka in Figures … (1/2) Parameter Karnataka All-States Source Economy GSDP as a percentage of all states’ GSDP 5.9 100 CMIE, 2010-11, current prices Average GSDP growth rate (%)* 15.9 15.9 CMIE, 2004-05 to 2010-11, current prices Per capita GSDP (US$) 1,502.4 1,324.3 CMIE, 2010-11, current prices Physical Infrastructure Installed power capacity (MW) 13,596.2 211,766.2 Central Electricity Authority, as of January 2013 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 52,782,195 864,720,186 December 2012 Ministry of Communications & Information Broadband subscribers (No) 1,344,354 13,350,938 Technology, as of December 2011 Ministry of Road Transport & Highways, as of National Highway length (km) 4,396 76,818 June 2012 Major and minor ports (No) 1 + 10 12 + 187 Indian Ports Association Airports (No) 7 133 Airport Authority of India *Calculated in Indian Rupee Terms For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 4 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Karnataka in Figures … (2/2) Parameter Karnataka All-States Source Social Indicators Literacy rate (%) 75.6 74.0 Provisional Data – Census 2011 Birth rate (per 1,000 population) 18.8 21.8 SRS Bulletin (www.censusindia.gov.in), 2012 Investment Department of Industrial Policy & Promotion, FDI Equity inflows (US$ billion) 10.4 187.9 April 2000 to December 2012 Outstanding Investments (US$ billion) 781.1 11,318.3 CMIE (2011-12) Industrial Infrastructure PPP projects (No) 108 881 www.pppindiadatabase.com Notified as of January 2013, SEZs (No) 41 386 www.sezindia.nic.in PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 5 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Advantage Karnataka … (1/2) Hub for Knowledge-Based Industries Karnataka has emerged as a key state with knowledge-based industry such as IT, biotechnology and engineering. The state also leads in electronics, computer software and biotechnology exports, with US$ 23.11 billion for 2010-11. It is the science capital of India with more than 100 Research and Development (R&D) centres, and a preferred destination for multinational corporations with more than 650 such companies. Policy and Fiscal Incentives The state offers a wide range of fiscal and policy incentives for businesses under the Karnataka Industrial Policy, 2009-14. Additionally, the state has well drafted sector-specific policies for biotechnology, IT, tourism and textiles. Facilitating Infrastructure The state has well-developed social, physical and industrial infrastructure and virtual connectivity; has good supply and distribution of power, seven airports and substantial port infrastructure (one major and ten minor ports). For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 6 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Advantage Karnataka … (2/2) High Economic Growth State’s average GSDP growth rate between 2004-05 and 2011-12 was about 14.7 per cent. Stable Political Environment The state has a stable political environment. Successive State Governments have realised the importance of industries in the state and have provided conducive business environment to attract domestic as well as foreign entities. Rich Labour Pool The state has successfully attracted skilled labour, especially, in the knowledge sector. It is among the states that produce a large number of doctors, engineers and medical technicians in the country. For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 7 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – GSDP → At current prices, the Gross State Domestic Product Karnataka’s GSDP (GSDP) of Karnataka was about US$ 97.1 billion in 2011-12. 2011-12 97.1 2010-11 88.9 → The average GSDP growth rate between 2004-05 and 72.8 2011-12 was about 14 .7 per cent. 2009-10 2008-09 67.5 2007-08 67.2 2006-07 50.1 CAGR 2005-06 44.2 14.7% 2004-05 37.0 0 20 40 60 80 100 120 US$ billion Source: CMIE For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 8 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – NSDP → The Net State Domestic Product (NSDP) of Karnataka Karnataka’s NSDP was about US$ 86.6 billion in 2011-12. 2011-12 86.6 → The average NSDP growth rate between 2004-05 and 2010-11 79.1 2011-12 was 14 .7 per cent. 2009-10 64.4 2008-09 60.6 2007-08 60.3 2006-07 45.0 CAGR 2005-06 39.5 14.7% 2004-05 33.0 0 20 40 60 80 100 US$ billion Source: CMIE For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 9 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – Per Capita GSDP → The state’s per capita GSDP in 2011-12 was US$ Per Capita GSDP 1,624.4. 1,800 1,624.4 1,600 CAGR 1,502.4 → The per capita GSDP increased at a Compound Annual 13.4% 1,400 Growth Rate (CAGR) of 13 .4 per cent between 2004- 1,166.8 1,243.6 1,200 1,173.8 05 and 2011-12. 1,000 US$ 790.1 885.9 800 670.4 600 400 200 0 Source: CMIE For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 10 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – Per Capita NSDP → The state’s per capita NSDP in 2011-12 was US$ Per Capita NSDP 1,449.5. 1,600 1,449.5 1,400 CAGR 1,337.4 → The per capita NSDP increased at a CAGR of 13 .4 per 13.4% 1,100.8 1,200 cent between 2004-05 and 2011-12. 1,054.1 1,047.3 1,000 705.4 794.6 800 US$ 598.0 600 400 200 0 Source: CMIE For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 11 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – Percentage Distribution of GSDP → In 2011-12, the tertiary sector contributed 56.3 per Percentage Distribution of GSDP cent to the state’s GSDP at current prices, followed by CAGR 100 secondary sector (26.5 per cent) and primary sector 90 (17 .2 per cent). 80 51.0 70 56.3 17.4% → At a CAGR of 17 .4 per cent, the tertiary sector has 60 been the fastest growing among the three sectors 50 from 2004-05 to 2011-12. The growth has been driven 40 29.1 by trade, hotels, real estate, finance, insurance, 30 26.5 14.2% transport, communications and other services. 20 10 19.9 17.2 13.4% 0 → The secondary sector grew at a CAGR of 14 .2 per cent 2004-05 2011-12 between 2004-05 and 2011-12. It was driven by manufacturing, construction and electricity, gas & Primary Sector Secondary Sector Tertiary Sector water supply. Source: CMIE → The primary sector grew at a CAGR of 13 .4 per cent between 2004-05 and 2011-12. For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 12 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – Agricultural Production Annual Production in Crop 2011-12 (Provisional) (‘000 tonnes) Sugarcane 37,991 → Sugarcane was the major crop of the state with production of about 37.99 million tonnes in 2011-12. Maize 4,172 Rice 3,892 → In 2011-12, the total food grain production in the state Onion 2,592^ was about 12.42 million tonnes. Banana 2,281^ → In 2011-12, the total oilseeds production was about Coconut 1,497^ 1.0 million tonnes. Sorghum (Jowar) 1,274 Cotton 909* → In 2011-12, the production of total cereals and total pulses in the state was 11 .19 million tonnes and 1.23 Groundnut 510 million tonnes, respectively. Potato 400^ Coffee 227 Wheat 183 Total pulses 1,232 Total oilseeds 1,001 Sources: Economic Survey of Karnataka 2011-12, Coffee Board of India, Indian Horticulture Database 2011, National Horticulture Board, * ’000 bales of 170 kgs each ^In 2010-11 For updated information, please visit www.ibef.org KARNATAKA – AN INTRODUCTION 13 MARCH Karnataka 2013 THE SILICON VALLEY OF INDIA Economic Snapshot – Exports → During 2010-11 , the total export from the state stood at Break up of Exports by Sector (2010-11) US$ 36.32 billion which is approximately 11 .7 per cent Electronics, Computer Software of India’s total export.
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