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Karnataka-March-2015.Pdf • The state contributed 5.6 per cent to the GSDP of India in 2013-14. 6th largest state in terms • Average GSDP growth rate between 2004-05 and 2013-14 was about 14.9** per cent. of GDP size in 2013-14 • The per capita GSDP increased to US$ 1,585.5, expanding at a CAGR of 13.7** per cent between 2004-05 and 2013-14. • Karnataka is the IT hub of India and home to the fourth largest technology cluster in the world. • The state contributed US$ 29.5 billion to India‟s electronics and software exports in 2013– IT hub of India 14. • Karnataka has 47 IT/ITeS SEZs, three software technology parks and dedicated IT investment regions. • Karnataka has vibrant automobile, agro, aerospace, textile & garment, biotech and heavy engineering industries. Vibrant industrial base • The state has sector-specific SEZs for key industries such as IT, biotechnology, engineering, food processing and aerospace. An ITIR, spread across 10,000 acres, is being developed near BIA. • A conducive business environment has helped the state rank fifth in terms of attracting One of the preferred private sector investments in India, as of December 2012. • Total outstanding investments amounted to US$ 171.0*** billion in 2013-14, while investment destinations cumulative FDI inflows from April 2000 to November 2014 stood at US$ 14.2 billion, the fourth highest in India. Source: Global Investors Meet 2012, Department of IT, BT and S&T, Karnataka, ASSOCHAM Report, Planning Commission Databook 2013-14, DIPP, CMIE Visvesvaraya Trade Promotion Centre, ITIR, BIA: Bengaluru International Airport, **In Indian rupee terms, ***At 2013-14 rates • Karnataka is the sole producer of felsites and the leading producer of iron ore, chromite, Vast natural resource and dunite and contributes 99.5 per cent to India's total gold production. pool • Karnataka hosts 78.0 per cent of vanadium ore, 74.0 per cent of iron ore (magnetite), 42.0 per cent of tungsten ore and 38.0 per cent of asbestos reserves in India. • Karnataka has 43 universities, 4,676 pre-university colleges, 210* engineering colleges Strong knowledge and 297* polytechnics, 46 medical colleges and 38 dental colleges. infrastructure • The state also houses 401 R&D centres; around 400 of the Fortune Global 500 companies outsource their IT services to firms in Bengaluru. • Karnataka accounts for 69.3 per cent of the coffee production in India; coffee exports from Contributes 7 per cent Karnataka stood at US$ 596.9 million in 2013-14. to the agricultural • The state is the 5th largest producer of fruits in the country and the fourth largest producer production of India of spices. • Karnataka is also the third largest producer of plantation crops in the country. • Karnataka boasts of a diverse flora and fauna and a 320 km natural coast line, which Number 4 in terms of makes it a nature tourist's paradise. tourist arrivals in India • The state has World Heritage Sites at Hampi and Pattadakal. Source: Indian Minerals Yearbook 2014, Global Investors Meet 2012, Economic Survey of Karnataka 2013-14, Visvesvarya Industrial Trade Centre, Bounteous Karnataka * Till March 2013 HighGrowing economic demand growth Rich talent pool 2020 2013-14 • GSDP expanded at a CAGR of • Karnataka is termed as the target 14.9* per cent between 2004-05 Knowledge Capital of India. and 2013-14. • The state has successfully IT exports: IT exports: • Buoyant services (IT, tourism) and attracted skilled labour, especially, US$ 73.7 US$ 29.5 industries driving economic growth. in the knowledge sector. billion** billion • Sector specific SEZs and SIRs Karnataka is among the states facilitating growth. that produce a large number of doctors, engineers and medical technicians in the country. Advantage Karnataka Infrastructure Policy support • Well-developed social, physical • Wide range of fiscal and policy and industrial infrastructure. incentives for businesses under the • Good road, rail, water and air Karnataka Industrial Policy, 2014– connectivity and substantial port 19. infrastructure. • Investor-friendly sector-specific • Well-developed telecom policies to promote industries such infrastructure. as IT, biotechnology, tourism and • Excellent healthcare facilities. manufacturing. • Simplified procedures for investment. Source: Karnataka Udyog Mitra, Planning Commission Databook 2013–14, D&B Cluster State Overview, CMIE, Karnataka Vision 2020, Department of Industrial Policy and Promotion, Visvesvaraya Trade Promotion Centre, *In Indian Rupee terms, **At 2013-14 rates, includes electronics and computer software • Build infrastructure to boost • Develop the state as a vibrant productive potential of the knowledge society. economy. • Focus on job oriented growth • Various metro rail and mono through skill development of the rail projects are in progress. workforce. • Increase rural incomes • Better governance through Education/ through greater viability of Infrastructure wider participation and deep Skill agriculture and allied activities. democratic decentralisation. development • Bridge the gap between • Encourage transparency and Poor and accountability. socially backward and backward Governance vulnerable groups and rest classes of the people. Vision 2020 • Build and sustain Bangalore‟s Healthcare/ Industry leadership in science, Social technology and knowledge amenities • Improve access and based industries. Women availability of quality Tourism • Achieve a sustainable and healthcare for all. empowerment orderly process of industrialisation and urbanisation. • Preserve and promote • Enhance opportunities and Karnataka‟s rich heritage. empower women across • Karnataka Tourism Vision economic, social and Group (KTVG) was set up in political spheres. October 2013 to advise on promoting tourism in state. Source: State Planning Department 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 Source: Maps of India Geographical area (sq km) 192,000 Administrative districts (No) 30 Karnataka is located in the southern region of India. The Population density (persons per sq km) 319 state is surrounded by the Arabian Sea in the west, Goa in the northwest, Maharashtra in the north, Andhra Pradesh in Total population (million) 61.1 the east, Tamil Nadu in the southeast, and Kerala in the Sex ratio (females per 1,000 males) 973 southwest. Literacy rate (%) 75.4 Languages spoken are Kannada, Tulu, Kodava, Hindi and Male literacy rate 82.5 English. Female literacy rate 68.1 Source: Economic Survey of Karnataka 2013-14, Census 2011 Parameter Karnataka All states Source Economy 2012-13 2013-14 Planning Commission Databook, 2013–14, GSDP as a percentage of all states‟ GSDP 5.6 100.0 current prices Planning Commission Databook, November GSDP CAGR (%)* 14.9 11.54 2014, current prices Planning Commission Databook, December Per capita GSDP (US$) 1,585.5 1,833.24 2014, current prices Physical Infrastructure Installed power capacity (MW) 14,269.8 258,701.45 Central Electricity Authority, as of January 2015 Telecom Regulatory Authority of India, as of Wireless subscribers (No) 56,514,721 930,200,000 September 2014 Telecom Regulatory Authority of India, as of Broadband subscribers (No) 3,389,610** 75,730,000 September 2014 National Highway length (km) 6,294.3 96,260 National Highway Authority of India Major and minor ports (No) 1+10 13+187 Indian Ports Association Airports (No) 5*** 133 Airports Authority of India *In Indian rupee terms for the period 2004-05 to 2013-14, **As of March 2014 indiastat.com, ***Includes only operational airports Parameter Karnataka All states Source Social Indicators Literacy rate (%) 75.4 74.0 Planning Commission Databook, June 2014 SRS Bulletin (www.censusindia.gov.in), Birth rate (per 1,000 population) 18.3 21.4 September 2014 Investment Department of Industrial Policy & Promotion, FDI equity inflows (US$ billion) 14.66 238.6 April 2000 to December 2014 Outstanding investments (US$ billion) 171.0 2,414.2 CMIE (2013-14) Industrial Infrastructure PPP projects (No)* 134 1,339 www.pppindiadatabase.com Notified SEZs as of 5th December 2014, SEZs (No) 39 352 www.sezindia.nic.in PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System *As of January 2011 At current prices, the Gross State Domestic Product GSDP of Karnataka at current prices (US$ billion) (GSDP) of Karnataka was about US$ 96.7 billion in 2013- 14. 94.6 95.6 96.7 CAGR: 90.0 The average GSDP growth rate between 2004-05 and 14.9%* 71.2 67.2 67.3 2013-14 was about 14.9* per cent. 50.3 44.4 37.2 Growth has been mainly driven by secondary and tertiary sectors. 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, October 2014 *In Indian Rupee terms The Net State Domestic Product (NSDP) of Karnataka was NSDP of Karnataka at current prices (US$ billion) about US$ 85.7 billion in 2013-14. 85.1 80.7 84.5 85.7 The average NSDP growth rate between 2004-05 and CAGR: 63.4 2013-14 was 14.8* per cent. 14.8%* 60.3 60.4 45.2 39.6 33.2 2009-2010 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, October 2014 *In Indian Rupee terms The state‟s per capita GSDP in 2013-14 was US$ 1,585.5. GSDP per capita of Karnataka at current prices (US$) The per capita GSDP increased at a Compound Annual 1,582 1,583 1,585 Growth Rate (CAGR) of 13.7* per cent between 2004-05 1,522 and 2013-14. CAGR: 1,216 13.7%* 1,173 1,161 889 793 673 2004-2005 2005-2006 2006-2007 2007-2008 2008-2009 2009-2010 2010-2011 2011-2012 2012-2013 2013-2014 Source: Planning Commission Databook, October 2014 *In Indian Rupee terms The state‟s per capita NSDP in 2013-14 was US$ 1,405.3.
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