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The software industry in Karnataka state in India has become one of the main pillars of the state's economy. Karnataka stands first among all the states of India in terms of revenue generated from software exports, accounting for 42% share of all software exports from the country during the financial year of 2022-2023. [1] [2] [3] The total ...
Karnataka is the leader in the information technology sector in India and its capital, Bengaluru, is known as the Silicon Valley of India. In the IT sector, Karnataka generated a total revenue of ₹ 516.5 billion in the financial year 2006–07 which included ₹ 487 billion from software exports and ₹ 29.5 billion from hardware exports. [29]
The first two categories are segregated from the rest of the Indian states (or Major States) due to their geographical categories, varied sizes and administrative capabilities. [3] [4] Indicators used for ranking are :-*Five Enablers pillars ( Human capital, Investment, Knowledge worker, Business Environment, Safety and Legal Environment )
GSDP is the sum of all value added by industries within each state or union territory and serves as a counterpart to the national gross domestic product (GDP). [1] As of 2011 [update] , the Government accounted for about 21% of the GDP followed by agriculture with 21% and corporate sector at 12%.
The IT and BPM industry's revenue is estimated at US$194 billion in FY 2021, an increase of 2.3% YoY. [3] The domestic revenue of the IT industry is estimated at US$45 billion and export revenue is estimated at US$150 billion in FY 2021. [3] The IT industry employed almost 2.8 million employees in FY 2021. [48]
Bengaluru, the capital city of the South Indian state of Karnataka, India. The economy of Bengaluru contributes over 43.65% to the economy of the State [1] of Karnataka, accounting for 98% of the Software Exports of the State. The estimated Metro GDP of the city is around US$300 billion, with a Metro GDP Per Capita of roughly US$25,461 in 2021
The state is the main producer of Rice and hence, it is also known as Rice Bowl of India. [7] Poultry is another sector in the state contributing to the economy of the state. The state is a leading egg producer and also nicknamed as Egg Bowl of Asia. [8] [9] The state has also started to focus on the fields of Information technology and ...
Software industry in Karnataka This page was last edited on 30 November 2024, at 00:43 (UTC). Text is available under the Creative Commons Attribution-ShareAlike ...