KEY B2B SECTORS
The state of Karnataka is a global destination for investments and trade. The 2024 GBF in Bengaluru, the capital city of Karnataka, provides an ideal platform to connect with delegates from over 200 cities across the world and the best of India’s minds. This is your window to collaborate with industry leaders, and secure investments to achieve your business goals. Interact with leading innovators and seize the moment to be a part of a pulsating, growing economy, backed by a young, dynamic and skilled workforce. Read more about Karnataka’s diverse industry sectors below.
The 2024 GBF will demonstrate the strength of the WTCA network with the matchmaking support of the Bangalore Chamber of Industry & Commerce (BCIC), the Apex Chamber of Commerce representing 95% of the capital investment and 90% of labor employed by large and medium industries in the State of Karnataka, it will focus on business opportunities across the diverse industry sectors showcased below.
Click the down arrow next to each sector to learn more.
For industry statistics and insights, click here.
Karnataka's agro and food processing sector is vital to its economy, producing diverse agricultural products. It's a potential job creator and revenue source.
The state's pro-growth measures include the 2015 Karnataka Agribusiness and Food Processing Policy, food parks, and cold chain infrastructure.
Karnataka is poised for substantial growth, aiming to become a major food processing hub in India. Notable achievements include contributing 10% to India's food processing industry, fostering food processing clusters, and supporting SMEs.
Click on the logo below to learn more about the agro and food processing company.
Karnataka's auto sector is a major economic force with giants like Tata Motors, Ashok Leyland, and Mahindra & Mahindra. A robust SME network supports the industry.
The state promotes growth through the Karnataka Automobile Policy 2022-27, the Vehicle Research and Development Centre in Bengaluru, and the Bidadi auto cluster.
Expect substantial growth in Karnataka's auto sector; it's poised to be a national hub. Noteworthy achievements include 8.5% of India's auto production and thriving auto clusters like Bidadi and Dharwad.
Click on the logo below to learn more about the automotive company.
Karnataka excels in India's aviation and aerospace sector, hosting major companies like Hindustan Aeronautics Limited (HAL), Bharat Earth Movers Limited (BEML), and National Aerospace Laboratories (NAL). It also boasts a robust ecosystem of SMEs supporting aerospace.
The state government's initiatives include the Karnataka Aerospace and Defence Policy 2022-27, Aerospace Park in Bengaluru, and the Mysuru aerospace cluster.
Karnataka is set for significant growth and already contributes 25% of India's aircraft and spacecraft production, 67% of defence aircraft and helicopter manufacturing, and 70% of the A&D supplier base.
With government support, Karnataka aims to be a global aerospace hub.
Click on the logo below to learn more about the aviation and aerospace company.
Karnataka, India's biotech hub, boasts a vibrant ecosystem of companies, research institutions, and government support, excelling in biopharmaceuticals, bioservices, and bio-agriculture.
The state encourages biotech growth via the Karnataka Biotechnology Policy 2022-27, the dedicated Karnataka Biotechnology and Information Technology Park in Bengaluru, and the Mysuru biotech cluster for bio-agriculture.
Expect substantial biotech sector growth in Karnataka, positioning it as a national innovation and research hub. Notable achievements include 25% of India's biotech exports, renowned companies like Biocon, Bharat Biotech, and Dr. Reddy's Laboratories, and a robust research ecosystem with institutions like the Indian Institute of Science, the National Centre for Biological Sciences, and the Jawaharlal Nehru Centre for Advanced Scientific Research.
Click on the logo below to learn more about the biotech company.
Karnataka's education sector is a beacon in India with over 62,000 schools and 15 million students. It boasts high-quality universities and colleges offering diverse courses.
In 2022-23, the state invested Rs. 20,000 crores, approximately 15% of the total budget, to enhance education accessibility and quality. Challenges like teacher training and rural school resources are being actively addressed.
Key achievements include a 77.4% literacy rate, a mere 2.5% primary education dropout rate, and prestigious institutions like the Indian Institute of Science, the National Institute of Technology Karnataka, and the University of Mysore. Notably, Karnataka has educational hubs in Tumkur, Bangalore, and Mysore.
Click on the logo below to learn more about the education institution.
Karnataka's heavy engineering sector is pivotal to the state's economy, producing a range of products, from machine tools to heavy equipment. It has a rich history of excellence, with prominent companies like BHEL, WEIL, and MML.
The government drives sector growth through the Karnataka Heavy Engineering Policy 2022-27, a dedicated Heavy Engineering Cluster in Belagavi, and the Heavy Engineering Park in Tumkur, focusing on machine tools and metal castings.
Expect substantial growth in Karnataka's heavy engineering sector, positioning it as a national manufacturing and research hub. Notable achievements include 50% of India's machine tools manufacturing, renowned companies like BHEL, WEIL, and MML, and a strong research ecosystem with institutions like the National Institute of Technology Karnataka and the Indian Institute of Science.
Click on the logo below to learn more about the heavy engineering company.
Karnataka's IT, ITES and electronics sector is a powerhouse driving the state's economy, generating jobs and substantial revenue.
Home to major players like Infosys, Wipro, and TCS, Karnataka also fosters a robust ecosystem of startups and businesses supporting the sector.
The state's government initiatives include the Karnataka IT Policy 2020-25, the Karnataka Innovation and Technology Hub (KITHub) for R&D, and the IT, ITES and electronics cluster in Electronic City, focusing on product and service development.
Expect significant growth in Karnataka's IT, ITES and electronics sector, positioning it as a national hub for innovation and research. Notable achievements include contributing 40% of India's IT, ITES and electronics exports, hosting world-class companies, and supporting a thriving startup ecosystem.
Click on the logo below to learn more about the IT, ITES and electronics company.
Karnataka's manufacturing sector is a vital contributor to the state's economy, generating millions of jobs and billions in revenue.
The state hosts numerous manufacturing companies in sectors like automobiles, aerospace, textiles, and food processing, alongside a supportive network of startups and businesses.
Government efforts, including the Karnataka Manufacturing Policy 2022-27, the Karnataka Industrial and Technological Development Corporation (KITC), and the development of manufacturing clusters in areas like Bengaluru, Bidadi, and Mysore, further boost the sector.
Anticipate substantial growth, positioning Karnataka as a significant manufacturing hub in India. Key achievements include contributing 10% of India's manufacturing output, housing renowned companies like Ashok Leyland, Bharat Electronics, and Hindustan Aeronautics, and supporting a thriving startup ecosystem.
Click on the logo below to learn more about the agro and food processing company.
Karnataka's real estate and construction sector is a major force in the state's economy, generating millions of jobs and billions in revenue.
The state hosts several leading companies, including L&T, Sobha, and Brigade, and enjoys a robust startup ecosystem supporting the sector.
Government initiatives, such as the Karnataka Real Estate (Regulation and Development) Act 2021 the Karnataka Housing Board for affordable housing promotion, and the development of real estate clusters like Electronic City and Whitefield, further boost the sector.
Expect significant growth, positioning Karnataka as a key hub for real estate and construction in India. Key achievements include contributing 15% to India's output, hosting world-class companies, and fostering a thriving startup ecosystem.
Click on the logo below to learn more about the real estate and construction company.
Karnataka is a thriving hub for tech startups, with a robust ecosystem and specific incentives to attract foreign investments. The state's vibrant tech scene offers access to top talent, cutting-edge innovation, and favourable policies such as streamlined regulatory processes, financial incentives, and support for R&D collaborations.
Click on the logo below to learn more about the tech start up company.
Karnataka is a textile and garments industry leader in India, contributing significantly to national production: 20% in garments and 10% in textiles. Employing over 600,000 people, it also bolsters the state's economy with billions in revenue.
Supported by robust infrastructure, including the Mysore Textile Cluster and various other clusters, Karnataka offers government incentives to attract textile and garments industry investment.
Expect substantial growth, positioning Karnataka as a major manufacturing hub for textiles and garments in India. Key achievements include its significant production share, diverse textile clusters, and government-backed investment incentives.
Click on the logo below to learn more about the textile and garment company.
Karnataka is a top tourist destination in India, offering diverse attractions like historical sites, hill stations, beaches, and wildlife sanctuaries.
Popular destinations include Hampi (a UNESCO World Heritage Site), Mysore (known for its palaces), Bangalore (a modern city), Chikmagalur (a scenic hill station), and Coorg (famous for coffee plantations).
Karnataka's travel and tourism industry is a major contributor to its economy, generating billions in revenue and employing millions. The government actively promotes the industry through initiatives like developing new destinations, enhancing infrastructure, and marketing campaigns.
Expect substantial growth, positioning Karnataka as a major tourism hub in India.
Click on the logo below to learn more about the travel and tourism company.
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