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Karnataka Markets and Industry 2010
Vijya Research & Advisory, Nov 2010, Pages: 79
India is the fastest growing economy in the world and is fast emerging as business hub of the world. While information on Indian markets and industry is spread out and difficult to find at one place, it is even more difficult to collect information on different regions of India.
Karnataka has emerged as the knowledge and technical capital of the country. Karnataka has a considerable contribution to India’s GDP and is also growing rapidly with industry and services sector being the key pillar of the state’s economy.
Karnataka Markets and Industry 2010 serves as a reference document for the decision makers and analysts who want to gain knowledge on varied aspects of Indian state.
This reports analyses the demographics, economic structure, business environment, industrial policies, infrastructure development, market size and characteristics. The comparison of all these aspects of the state with national level scenario renders a unique nature to this report.
The latest market and business report on Karnataka state has stated that Karnataka’s geographic location, demographic set up, resource base, robust economy, growing income level and positive business climate makes Karnataka a favourable market and a preferred business destination in India.
The Report ‘Karnataka Markets and Industry 2010’ states that by the year 2015, an average person in Karnataka will earn Rs.33, 390 per year from the present level of Rs. 27,403. Karnataka accounts for 18 % of the total India’s GDP size. The gross domestic product of the state has grown 2.5 times between 2000-01 and 2008-09.
The Report has examined various facets of the business environment of Karnataka. It has found that the huge resource base in terms of natural resources, skilled and cost effective labour force, research and development support, robust infrastructure act as key factors in supporting the industrial base in the state. In last few years, Karnataka has emerged as the knowledge and technical capital of the country.
The Report has also looked at rapid urbanisation in Karnataka where almost 34% of the state population lives in urban areas. Karnataka is presently ranked as the ?fth most urbanized among all states. Bangalore, Mangalore, Mysore are key city centres of the state which have been experiencing high growth rate in economic and business activity.
About the Report: This report covers the demographic outline of the state, the nature and structure of its economy, the fastest growing sectors and the nature of consumer markets in the state. The government policies affecting the industry are also discussed in detail. Most importantly this report also covers the rare to find information on the key cities of the state. The report concludes with the summarised strengths and weakness of the state as a whole.
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