September - October 2014 Vol : 1 Issue : 1 KARNATAKAAdvantage Karnataka : Land of unlimited opportunities Redemption in Resplendent Transformation: Interview with Dr. K. Kasturirangan Price Rs. 60/- www.advantagekarnataka.in Advantage Karnataka 1 2 Advantage Karnataka Advantage Karnataka 3 Special Editorial Content Hampi emerges as the most searched Splendour and Substance historical place in Karnataka prawling Karnataka over- tion research. With a proactive industrial Policy whelms you with its inex- and several govt. sponsored Industrial Tech Parks 16 Shaustible goldmine of natural, it is an important destination for overseas indus- cultural and artistic boons. Like an tries for investment and setting up global com- intricately worked tapestry of col- panies. Bangalore has been growing like never - before, clocking one of the highest growth rate ness and heart stopping beauty, this among metros in the country. Total population in enchantingours, flavours, state landscapes, lures people timeless from Bruhat Bangalore Mahanagara Palike stands at far and wide. With its inherently 84.25 lakh, up from 57.01 lakh 10 years ago. 10 friendly population it embraces the Govt. has initiated program for developing sev- world, opening its gates to world eral other cities building airports infrastractrure Redemption in class housing, expanding infrastructure, supe- IT & Bio technology. Thrust on infrastructure, Resplendent Bell resource advantage, proactive policies, avenues Transformation and thus creating a perfect ambiance for living a for investment - these factors are vital for indus- Helicopters rior education systems, fine health care facilities traditional yet an absolutely modern life. Highly trial and social development. Investor’s percep- Karnataka : Land of ushers in acclaimed for its proactive industrial policies, tion about government policies, the ambiance unlimited opportunities 6 24 future of Karnataka has set benchmarks for the develop- and working environment can determine the ing world with its incredible growth indicators. trajectory of growth for the state. Keeping pace Paramount importance on inclusive, choppers Advantage Karnataka is a salute to this impecca- with the leaps and bounds, Karnataka has been sustainable growth: Siddaramaiah 8 ble record of spellbinding transformation. able to make an equitable, inclusive economic Karnataka has richest potential Well celebrated as the Knowledge Hub, the growth with regard to the urban-rural divide. state is also home to some of the country’s best This magazine strive to present a wide-angle for investments: Deshpande 9 32 Karnataka academic institutions, and its rich heritage of view of this spectacular kaleidoscope of vi- We want to be top State again: dance, drama, theatre, crafts, art, poetry and ar- brant life, a melting pot of enriching cultures, Dr. Parameshwara 15 should chitecture is a legacy that predates the earliest sustainable and inclusive patterns of economic explore new dynasties. and industrial growth, innovative initiatives for Bavaria - Synonymous with As a pioneering state with its dedicated IT and attracting investments besides its traditional Excellence & Innovation 20 avenues, BPO policy, Karnataka, with its strategy, political treasure troves of spices, sandalwood, coffee, Tap services, resources of industry support, investment, fund allocation and other areca, paddy, coconut and silk and enchanting NRIs for development - Speaker 26 vital co-ordinates, has been in the forefront in natural and cultural tourist attractions in addi- sectors hi-tech innovative tools of development. tion to emerging and fat growing health tourism. Germany sees huge growth potential in Hubli-Dharwad 28 Bangalore, one of South India’s most alive cit- We propose to dedicate this inaugural issue Plaza ies, has become truly international in its living of Advantage Karnataka to all those visionaries Victoria, Karnataka identify trade, Premium facilities, infrastructure development and cos- and prime movers who have helped to harness tourism for mutual collaboration 30 mopolitan lifestyle. the power and resources to usher in prosperity Lounge to With over 1,000 IT companies in its wake, Banga- and progress for this golden state. Karnataka Home for Aerospace 40 welcome lore is undisputedly the IT capital of India. Karna- This is our humble tribute to all those daring Education, Technology 36 passengers taka has been the home for aerospace ids, educa- dreamers who made it all happen. UK keen to partner with India in at Warmly, aerospace sector 42 Bengaluru Airport Karnataka – a culture that values scholarship, education, research 46 Dr CG Krishnadas Nair Contribution of DRDO labs in 50 Karnataka towards self-reliance 58 Karnataka – “Create a buzz on potentialities Printed and Published by Sunny Jerome, Managing Editor, Advantage Karnataka C/o Aeromag Asia, Aerosun Media, Aeronautical Society Convergence of India Building, Suranjandas Road, Off Old Madras Road, Bangalore 560075. Karnataka. Printed at Rashtrotthana Mudranalaya, 19/1, of rising cities of Karnataka” 66 K.G.Nagar, Bangalore-19. Executive Editor George Jacoby, Asst. Cordinating Editor : Raji Krishnan, Cover Page Design : Vidya M.V. of tradition VTPC – the trade promotion Cell - + 91 94490 61925 / 9480551925, Tel - + 91 80 25284145 / 65952377, Email : [email protected], & modernity [email protected], www.advantagekarnataka.in agency of Karnataka 72 4 Advantage Karnataka Advantage Karnataka 5 Karnataka : Land of unlimited opportunities Technology, Aerospace, Electronic Hardware, Research and Development Sector. Bangalore is well known as a hub for India’s information technology sector. A large number of information technology companies are lo- cated in the city. Infosys and Wipro, India’s second and third largest software companies, are headquartered in Bangalore. Bangalore has become a Cosmopolitan City and a Multi disciplinary Knowledge Capital.While the State has taken strident steps to drive the growth of IT/ ITeS, biotech and other service industries, the state gov- ernment is now directing sharp focus on manufacturing growth. Manufacturing is another area of interest in the State. The National Manufacturing Industrial Zone is proposed in Tumkur, near Bangalore, in about 10,000 acres of land to propel the Manufacturing Sector in the State. arnataka is one of the fastest growing states Karnataka has set up a Manufacturing Task Force. The in the country and Bangalore is integrally state is aiming to become one among Top 3 destinations linked with the global value chains. The for investments in the manufacturing sector. While one State’s entrepreneurial spirit in innova- NMIZ is coming up in Tumkur, three other NMIZs will Chief Minister Siddaramaiah congrgulating the new Karnataka Governor Shri Vajubhai Rudabhai Vala tions and R & D has been recognised world after the swearing in ceromony at Raj Bhavan. Chief Justice of Karnataka Justice D.H. Waghela also seen. over.K It has carved a niche for itself in the global market digital media city is coming up in Bangalore. Tourism is place as the knowledge and technology capital of the anothercome up big in Bidar,business Gulbarga opportunity and Kolar. in the The state. world’s Mysore first is dustan Aeronautics Limited, National Aerospace Labo- bauxite are some of the minerals that are found in Kar- country. Not only in IT and service sector, Karnataka has emerging as a major business and investment destina- ratories, Bharat Heavy Electricals Limited, Indian Tel- nataka. Major mines of manganese and iron ore are lo- made tremendous strides in the areas of Automotive & tion. Tourism can play a major role for bringing in for- ephone Industries, Bharat Earth Movers Limited and cated in Bellary district. Aerospace, Textiles & Apparel, Agro & Food processing, eign investments to the country as the State is rich in Hindustan Machine Tools, which are based in Bangalore. The State is home to some of the premier educational Machine Tools, Mining & Minerals, Education and En- biodiversity. Many of India’s premier science and technology re- and research institutions of India such as the Indian In- ergy. It is one of the fastest growing states, offering vari- The State ranks among the top three destinations for search centres, such as Indian Space Research Organisa- stitute of Science, the Indian Institute of Management, ous trade and investment opportunities across industry foreign direct investments in the country. tion, Central Power Research Institute, Bharat Electron- the National Institute of Technology Karnataka and sectors. Proactive and investor-friendly Governance and avail- ics Limited and the Central Food Technological Research the National Law School of India University. The State With a view to ensuring the fruits of economic pros- ability of highly skilled man power are the hall marks of Institute, are also headquartered in Karnataka. Manga- boasts of the largest concentration of higher educational perity reach one and all, Karnataka Government is plac- Karnataka. The government is also focusing on improv- - institutions like Medical and Engineering colleges. ing paramount importance on inclusive and sustainable ing the productivity and competitiveness of Micro Small ery located in Mangalore. Karnataka is well connected to its six neighbouring growth. In the State, the focus is on developing infra- Medium Entrepreneurs in the Manufacturing Sector. The loreKarnataka Refinery has and natural Petrochemicals advantages Limited that serve is an