A“WORLD MEDIA NETWOK” PRESENTS FDI IN INDIA & SCOPE
FOREIGN DIRECT INVESTMENT (FDI) IN KARNATAKA
Introduction
Introduction
Karnataka Map
Karnataka Districts List :
| Bangalore Division | Belgaum Division | Kalaburagi Division | Mysore Division |
|---|---|---|---|
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Bengaluru Urban |
Bagalkot |
Bellary |
Chamarajanagar |
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Bengaluru Rural |
Belgaum |
Bidar |
Chikkamagaluru |
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Chikkaballapur |
Vijayapura |
Kalaburagi |
Dakshina Kannada |
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Chitradurga |
Dharwad |
Koppal |
Hassan |
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Davanagere |
Gadag |
Raichur |
Kodagu |
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Kolar |
Haveri |
Yadgir |
Mandya |
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Ramanagara |
Uttara Kannada |
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Mysuru |
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Shivamogga |
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Udupi |
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Tumakuru |
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Karnataka Industries
Key Industries
- Karnataka has vibrant automobile, agro, aerospace, textile and garment, biotech, and heavy engineering industries.
- The state has sector specific Special Economic Zone (SEZs) for key industries such as IT, biotechnology, and engineering, food processing and aerospace.
Karnataka-FDI Investment Present Scene
“WMN”BROAD VIEW & Business Support.
“World Media Network” is helping upcoming and existing businesses to grow as the government is supporting the business in increasing their work towards the domestic as well as international Tie-Ups. Service-oriented industries need to be promoted with direct and indirect participation for Franchising modules in the INDIA and “WMN” would help them to connect with the brands as well the investors and venture capitalists to increase the growth of the company in future.
Karnataka boasts of diverse flora and fauna and a 320 km natural coastline, which makes it a nature tourist’s paradise. Tourist arrivals in the state increased from 36.7 million in 2006 to 102.3 million in 2017. The state has attracted Foreign Direct Investment (FDI) equity inflows worth USD $35.69 bn during the period April 2000 to December 2018, according to data released by Department of Promotion of Industry and Internal Trade (DPIIT). Karnataka has vibrant automobile, agro, aerospace, textile & garment, biotech and heavy engineering industries. The state has sector-specific SEZs for key industries such as IT, biotechnology, and engineering, food processing and aerospace. Karnataka is the IT hub of India and home to the fourth largest technology cluster in the world. Merchandise exports from Karnataka reached US$ 17.36 billion in 2018-19 and US$ 40.68 billion during the period April 2000 to June 2019.
- Key Sectors :- As of February 2020, the state had 312 operational, 51 notified SEZs and 62 formally approved SEZs. The Karnataka Industrial Areas Development Board has developed 141 industrial areas spread across the state. The state plans to develop and upgrade eight clusters around Bengaluru with an investment of US$ 348.4 million in coming years.
- As of March 2020, the state had an installed power generation capacity of 29,824.81 megawatt (MW). Out of this, central utilities, private utilities, and state utilities contributed 4,012.45 MW, 17,011.88 MW, and 8,800.49 MW, respectively.
- Karnataka has emerged as the information technology (IT) hub of India. The state is India’s largest software exporter, with electronics and computer software export reaching US$ 77.9 billion in 2018-19 and US$ 42.5 million during 2019-20 (till November 2019).
- Karnataka is the first state which came out with an aerospace policy in the country. Karnataka Aerospace Policy has identified an investment potential of US$ 12.5 billion in this sector during 2013–23 and plans to develop aerospace clusters in different regions of the state.
**Targeted Industries Key sectors**- “WMN”KEY ROLE.
- “World Media Network” is playing an important role in all the categories and sectors, “WMN” is a Press Release distribution company covering over 180 countries covering twenty- five languages across the world . it has ventured into Digital News, Television, Print, Radio, Billboards, Airports, Multiplexes, Talk shows . Press releases are based on industry standards with timely coverages and promoting the business development of FDI and the scope of growth in the country.
- As of February 2020, the state had 312 operational, 51 notified SEZs and 62 formally approved SEZs. The Karnataka Industrial Areas Development Board has developed 141 industrial areas spread across the state. The state plans to develop and upgrade eight clusters around Bengaluru with an investment of US$ 348.4 million in coming years.
- As of March 2020, the state had an installed power generation capacity of 29,824.81 megawatt (MW). Out of this, central utilities, private utilities, and state utilities contributed 4,012.45 MW, 17,011.88 MW, and 8,800.49 MW, respectively.
- Karnataka has emerged as the information technology (IT) hub of India. The state is India’s largest software exporter, with electronics and computer software export reaching US$ 77.9 billion in 2018-19 and US$ 42.5 million during 2019-20 (till November 2019).
- Karnataka is the first state which came out with an aerospace policy in the country. Karnataka Aerospace Policy has identified an investment potential of US$ 12.5 billion in this sector during 2013–23 and plans to develop aerospace clusters in different regions of the state.
- The iron and steel industry of the state plays a very important role in its growth and development. It is one of the key industries required for industrial progress.
- Various important industries like the construction, power plants, heavy and light machine, automobile, etc. depend on the iron and steel industry for their growth and expansion. The mineral resources of Karnataka have helped the iron and steel industry to flourish in the state. As of 2014-15, India was the largest producer of sponge iron and the third largest producer of raw steel in the state.
Karnataka, with its rich resources of iron ore, is one of the pillars of the national iron and steel industry. Districts like Bellary, Chitradurga, and Chikmagalur are the nerve-centres of the iron ore deposits in the state. The steel production capacity of the 18 units in the state is about 22 MMTPA at present.
Key factors influencing the growth of the iron and steel industry in Karnataka
The history of the iron and steel industry in the state can be traced back to the pre-independence era. It started with the establishment of the Mysore Iron Works (now known as Visvesvaraya Iron and Steel Plant) at Bhadravati in 1923. It was established under the supervision of Sir M Visvesvaraya. Mysore Iron Works was the first public sector steel plant in the country. Starting with it, the iron and steel industry in Karnataka has come a long way today. There were many ups and downs along the way. But the industry continued to flourish in the state. Today the industry produces more than 15 million tonnes of steel annually. The main reasons behind the growth of the iron and steel industry in Karnataka are:
- Karnataka has vast resources of iron ore. It is one of the most essential raw materials needed for the iron and steel industry.
- Four different types of iron ore resources are found in Karnataka. They are hematite, magnetite, titaniferrous magnetite, and limonite and goethite.
- The iron ore reserves found in Karnataka is of high quality. High grade magnetite and haematite are widely found in the state. Karnataka boosts of importing high grade iron ore to South Korean and Japanese steel majors.
- Karnataka has 24 mines of iron ore under the private sector. There are 2 mining leases in the public sector.
- The state is also rich in other mineral deposits needed for the iron and steel industry. These include minerals like manganese, lime stone, silica, etc. They are easily available for commercial exploitation.
- The rapid industrialization in Karnataka is leading to the construction of buildings, rail tracts, industrial plants, bridges, etc. All these are increasing the demand for iron and steel in the state.
- Karnataka has many steel plants that are contributing to the industry’s growth in the state.
- The state houses two of the thirteen major steel plants in India. They are the Visvesvaraya Iron and Steel Plant (VISL) in Bhadravati and the JSW Steel in Hospet, Bellary.
- Availability of labour is a prerequisite for any industry. Karnataka has available human resource needed for working in the steel plants.
- Good communication and other infrastructure facilities are helping the growth of the iron and steel industry in the state.
- Karnataka has a wide market for iron and steel in the state. The constant implementation of various big and small industrial projects is adding to the demand for iron and steel in the state.
KARANATAKA & FDI MAJOR ANNOUNCEMENTS & WMN SUPPORT
*L& T s Construction Arms wins a large ‘water ‘management orders in Karnataka.
*Nano-Tech & Products academia & companies & showcased at 11th India-Nano 2020
*Indian Oil to invest 500 Cr in Karnataka.
*Sami- Sabinsa to set –up Rs. 200 Cr.in manufacturing unit.
*Swedish Security Solutions firm Gunnebo opens India experience Centre in Bengaluru.
Industrial Map
Industrial Development & Economic Growth In Karnataka
Latest update: June, 2020
Karnataka Govt Departments & websites
| Department | URL |
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Accountants General, Karnataka |
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Agricultural Department |
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Agricultural Marketing |
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Audit Mnitoring System |
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Bengaluru Customs |
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Agricultural Marketing |
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BMRDA |
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Central Excise Bengaluru |
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Central Excise, Belagav |
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Central Poultry Development Organization (SR) |
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CGHS Bengaluru |
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Commercial Tax Department (VAT) |
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Commercial Taxes Department |
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Controller of Defence Accounts (R & D), Bengaluru |
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Controller of Communication Accounts Karnataka |
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Directorate of Minorities |
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Department of Animal husbandry and veterniry services |
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Department of Backward Classes |
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Department of Cooperation |
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Department of Cooperative Audit |
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Department of Ecology & Environment |
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Department of Electrical Inspectorate |
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Department of Gazette |
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Department of Handlooms & Textiles |
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Department of Health and Family Welfare |
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Department of Horticulture |
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Department of Housing |
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Department of Legalmetrology |
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Department of Parliamentary Affairs |
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Department of Woman & Child Development |
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Directorate of Economics & Statistics |
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Directorate of Employment & Training |
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Directorate of Mass Education |
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Directorate of Municipal Administration |
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Directorate of Social Security and Pensions |
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Directorate of Translations |
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Directorate of Welfare of Disabled and Senior Citizens |
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DPAR (Janaspanadana Cell) |
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DPAR (Services) |
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Drugs Control |
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Finance Department |
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Food & Civil Supplies |
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Home Department |
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Infrastructure Development Department |
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Jawahar Navodya Vidyalaya,Dakshina Kannada |
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Karnataka Appellate Tribunal |
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Kannada & Culture Department |
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Karnataka Education |
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Karnataka Forest Department |
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Karnataka Gazetteer Department |
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Karnataka Information Department |
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Karnataka Legislature |
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Karnataka Public Library |
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Karnataka State Coastal Zone Management Authority |
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Karnataka Government Insurance Department (K.G.I.D |
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Labour Department |
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Dakshina Kannada Customs |
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National Rural Employment Guarantee Scheme |
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North Karnataka Postal Region |
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NSSO South Zone |
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Official Liquidator, Bengaluru |
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Planning, Statistics, Science and Technology Dept. |
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Press Information Bureau, Bengaluru |
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Principal Controller of Defence Accounts,Bengaluru |
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Regional Commissioner Office,Belagavi |
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Regional Commissioner Office,Bengaluru |
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Regional Commissioner Office,Mysuru |
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Rural Dev. & Panchayat Raj Dept. |
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Social Welfare Department |
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State Livestock Breeding and Training Centre |
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Transport Department |
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Water Resources Department |
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Watershed Development Department |