KARNATAKA THE SILICON VALLEY OF INDIA

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1 (As of 20 April 2017) 1

2 Executive Summary.. 3 Advantage State... 5 Karnataka Vision Karnataka An Introduction 7 Karnataka Budget Infrastructure Status...23 Business Opportunities Doing Business in Karnataka...79 State Acts & Policies

3 EXECUTIVE SUMMARY (1/2) Strong growth in GSDP At current prices, the gross state domestic product (GSDP) of Karnataka was about US$ billion in The per capita GSDP increased to US$ 2,557, growing at a CAGR of 12.91% between and IT hub of India Karnataka is the IT hub of India and home to the fourth largest technology cluster in the world. Karnataka has 47 IT/ITeS SEZs, three software technology parks and dedicated IT investment regions. Exports of IT and electronic products from the state reached US$ billion by the end of December Exports of IT and electronic products accounted for around 38% share in India's IT and electronic products exports and 52.89% share in Karnataka s overall exports by the end of December Vibrant industrial base 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, engineering, food processing and aerospace. One of the preferred investment destinations The cumulative FDI inflows in the state from April 2000 to March 2016 were recorded at US$ billion, the fourth highest in India after Maharashtra, Delhi and Chennai, and accounted for a share of 7% in India s cumulative FDI inflows. Source: DIPP, Visvesvaraya Trade Promotion Centre, Karnataka Economic Survey Department of Industrial Policy & Promotion 3

4 EXECUTIVE SUMMARY (2/2) Strong growth in export As of September 2015, the total exports of the state were recorded at US$ billion. During , exports contributed about 40 per cent in the state s economy. Sectors such as biotechnology, computer software and electronics are major contributors in the overall exports from the state. Strong knowledge infrastructure Karnataka has 44 universities, 4,519 pre-university colleges, 206 engineering colleges and 293 polytechnics, 47 medical colleges and 38 dental colleges. The state also houses 401 R&D centres; around 400 of the Fortune Global 500 companies outsource their IT services to firms in Bengaluru. Significant agriculture base Sugarcane is the major crop of the state with production estimates of about 40.5 million tonnes in The state s total food grain production is estimated to be 11 million tonnes in Karnataka is also the third largest producer of plantation crops in the country. Strong growth in tourism sector Karnataka boasts of a diverse flora and fauna and a 320 km natural coast line, which makes it a nature tourist's paradise. Tourist arrivals in the state increased from 25.2 million in to million in The state has world heritage sites at Hampi and Pattadakal. The sector contributes 14.8% to GSDP of Karnataka; plans are afoot to expand to 26% by Source: Indian Minerals Yearbook 2014, Economic Survey of Karnataka Karnataka State Budget

5 ADVANTAGE: KARNATAKA June 2016 Capacity allocated for Solar energy- 2, MW High Growing economic demand growth GSDP expanded at a CAGR of 13.59% between and Buoyant services (IT, tourism) and industries driving economic growth. Sector specific SEZs and SIRs facilitating growth. Infrastructure Well-developed social, physical and industrial infrastructure. Good road, rail, water and air connectivity and substantial port infrastructure. Well-developed telecom infrastructure. Excellent healthcare facilities. Advantage Karnataka Rich talent pool Karnataka is termed as the Knowledge Capital of India. The state has successfully attracted skilled labour, especially, in the knowledge sector. Karnataka is among the states that produce a large number of doctors, engineers and medical technicians in the country. Policy support Wide range of fiscal and policy incentives for businesses under the Karnataka Industrial Policy, Investor-friendly sector-specific policies to promote industries such as IT, biotechnology, tourism and manufacturing. Simplified procedures for investment. In January 2017, Karnataka department of Commerce and Industries introduced an NRI policy to attract investments from nonresident Kannadigas target Solar energy share in total energy consumption is expected to reach 3% Source: Karnataka Udyog Mitra, D&B Cluster State Overview, Karnataka Vision 2020, Department of Industrial Policy and Promotion, Visvesvaraya Trade Promotion Centre, 5

6 KARNATAKA VISION 2020 Build infrastructure to boost productive potential of the economy. Various metro rail and mono rail projects are in progress. Develop the state as a vibrant knowledge society. Focus on job oriented growth through skill development of the workforce. Increase rural incomes through greater viability of agriculture and allied activities. Bridge the gap between socially backward and vulnerable groups and rest of the people. Improve access and availability of quality healthcare for all. Poor and backward classes Healthcare/ Social amenities Infrastructure Tourism Preserve and promote Karnataka s rich heritage. Karnataka Tourism Vision Group (KTVG) was set up in October 2013 to advise on promoting tourism in state. Vision 2020 Education/ Skill development Women empowerment Governance Industry Enhance opportunities and empower women across economic, social and political spheres. Better governance through wider participation and deep democratic decentralisation. Encourage transparency and accountability. Build and sustain Bangalore s leadership in science, technology and knowledge based industries. Achieve a sustainable and orderly process of industrialisation and urbanisation. Source: State Planning Department 6

7 KARNATAKA FACT FILE Some of the prominent cities in the state are Ankola, Bengaluru, Bagalkot, Belgaum, Bidar, Bijapur, Chikmagalur, Chitradurga, Dandeli, Hubli-Dharwad, Mangalore, Mysore and Shimoga. Karnataka has a tropical climate with three major seasons: warm and dry from February to May, monsoon from June to October and winter from November to January. Parameters Karnataka Source: Maps of India Karnataka is located in the southern region of India. The state is surrounded by the Arabian Sea in the west, Goa in the northwest, Maharashtra in the north, Andhra Pradesh in the east, Tamil Nadu in the southeast, and Kerala in the southwest. Languages spoken are Kannada, Tulu, Kodava, Hindi and English. Capital Bengaluru Geographical area (sq km) 192,000 Administrative districts (No) 30 Population density (persons per sq km) 319 Total population (million) 61.1 Sex ratio (females per 1,000 males) 973 Literacy rate (%) 75.6 Male literacy rate 82.5 Female literacy rate 68.1 Source: Economic Survey of Karnataka , Census 2011 Office of Registrar General, India. 7

8 KARNATAKA IN FIGURES (1/2) Parameter Karnataka All states Source Economy GSDP as a percentage of all states GSDP GSDP growth rate (%) Per capita GSDP (US$) 2,532 1,546 Physical Infrastructure Directorate of Economics & Statistics of Karnataka, Central Statistics Office Directorate of Economics & Statistics of Karnataka, Central Statistics Office Directorate of Economics & Statistics of Karnataka, Central Statistics Office Installed power capacity (MW) 17, , Central Electricity Authority, as of August 2016 Wireless subscribers (No) 64,447,332 1,078,422,215 Internet subscribers (No) 23,960, ,480,000 National Highway length (km) 6, , Telecom Regulatory Authority of India - as of October 2016 Ministry of Communications & Information Technology - as of September 2016 NHAI & Karnataka Roads and Building Department, Major and minor ports (No) India Ports Association Airports (No) Airports Authority of India 8

9 KARNATAKA IN FIGURES (2/2) Parameter Karnataka All states Source Social Indicators Literacy rate (%) Census, 2011 Birth rate (per 1,000 population) SRS Bulletin Investment FDI equity inflows (US$ billion) Department of Industrial Policy & Promotion, April 2000 to December 2016 Industrial Infrastructure PPP projects completed & operational (No) 129 1,246 Operational SEZs (No) Department of Economic Affairs, Ministry of Finance, Government of India, July 2016 Department of Commerce, Ministry of Commerce & Industry, July 2016 PPP: Public-Private Partnership, SEZ: Special Economic Zone, SRS: Sample Registration System 9

10 KARNATAKA THE SILICON VALLEY OF INDIA ECONOMIC SNAPSHOT GSDP At current prices, the gross state domestic product (GSDP*) of Karnataka stood at about US$ billion in The GSDP of the state grew at a CAGR of 13.59% between and Growth has been mainly driven by secondary and tertiary sectors. GSDP of Karnataka at current prices (US$ billion) CAGR: 13.59% Source: Directorate of Economics & Statistics of Karnataka, Central Statistics Office GSDP* -Karnataka Socio Economic Survey

11 KARNATAKA THE SILICON VALLEY OF INDIA ECONOMIC SNAPSHOT NSDP The net state domestic product (NSDP # ) of Karnataka was recorded at about US$ billion in The NSDP of the state grew at a CAGR of 13.91% between and NSDP of Karnataka at current prices (US$ billion) CAGR: 13.91% Source: Directorate of Economics & Statistics of Karnataka, Central Statistics Office NSDP # -Karnataka Socio Economic Survey

12 KARNATAKA THE SILICON VALLEY OF INDIA ECONOMIC SNAPSHOT PER CAPITA GSDP The state s per capita GSDP^ was US$ 2,532 in GSDP per capita of Karnataka at current prices (US$) The per capita GSDP increased at a CAGR of 12.31% between and CAGR: 12.31% ,173 1,161 1,216 1,522 1,900 1,582 1,594 1, Source: Directorate of Economics & Statistics of Karnataka, Central Statistics Office Per Capita GSDP^ - calculated using GSDP million US$/Population in million 12

13 KARNATAKA THE SILICON VALLEY OF INDIA ECONOMIC SNAPSHOT PER CAPITA NSDP The state s per capita NSDP & US$ 2,321. in was The per capita NSDP increased at a CAGR of 11.40% between and NSDP per capita of Karnataka at current prices (US$) CAGR: 11.40% Source: Directorate of Economics & Statistics of Karnataka, Central Statistics Office per capita NSDP & -calculated using NSDP million US$/Population in million 13

14 ECONOMIC SNAPSHOT PERCENTAGE DISTRIBUTION OF GSDP In , the tertiary sector µ contributed 64.05% to the state s GSDP at current prices, followed by the secondary sector (22.97%) and the primary sector (12.98%). At a CAGR of 16.31%, the tertiary sector has been the fastest growing among the three sectors from to The growth has been driven by trade, hotels, real estate, finance, insurance, transport, communications and other services. The secondary sector µ grew at a CAGR of 11.5% between and This was driven by manufacturing, construction and electricity, gas & water supply. The primary sector µ grew at a CAGR of 9.61% between and GSDP composition by sector CAGR 51.02% 16.31% 64.05% 29.12% 11.50% 22.97% 9.61% 19.86% 12.98% Primary Sector Secondary Sector Tertiary Sector Source: Directorate of Economics & Statistics of Karnataka, Central Statistics Office, TechSci Research Sector-wise %share of GSDP µ -Karnataka Socio Economic Survey

15 ECONOMIC SNAPSHOT AGRICULTURAL PRODUCTION Production of major crops in Karnataka (lakh tonnes) Crop Cereals 97.5 Pulses 12.5 Total food grains 110 Oilseeds 9.6 Sugarcane 405 Tobacco 0.82 Vegetables Plantation Spices 3.43 Horticulture crops Source: Department of Agriculture & Corporation, Government of Karnataka Sugarcane is a major crop of the state with production estimates of about million tonnes in The state s total food grain production is estimated to be 11 million tonnes during During , major oilseeds production in the state is estimated to be 0.96 million tonnes. Production of cereals and pulses in the state is estimated to be 0.97 million tonnes & 0.12 million tonnes, respectively, in In , total production of major fruits in the state was 6.78 million tonnes. Area under major crops in Karnataka (lakh hectares) Crop Cereals Pulses Total food grains Oilseeds Sugarcane Tobacco Source: Department of Agriculture & Corporation, Government of Karnataka 15

16 (¹) KARNATAKA THE SILICON VALLEY OF INDIA ECONOMIC SNAPSHOT EXPORTS (1/3) During , exports from the state contributed about 40% to the state s economy, with biotechnology, computer software and electronics being the major exports. Exports from Karnataka (in US$ billion) As of September 2015, total exports from the state aggregated to US$ billion. Karnataka s exports increased at a CAGR of 9.4 per cent during to By the end of September 2015, electronics and software exports from the state reached US$ billion, which constituted 53 per cent share of the state s total exports. Karnataka exports by commodity (US$ million) Commodity (1) Electronics & computer software 23, , , , , , Readymade garments 1, , , , , Petroleum & petroleum products 3, , , , , , Engineering goods 1, , , , , , Iron ores & minerals (incl granites) , Source: Visvesvaraya Trade Promotion Centre, Government of Karnataka; Note: (1) : Till September

17 ECONOMIC SNAPSHOT EXPORTS (2/3) Karnataka exports by commodity (US$ million) Commodity (1) Silk products Coffee Basic chemicals, pharmaceuticals and cosmetics Agriculture & processed food products , , , Gems and jewellery 4, , , , , , Cashew and cashew kernels Handicrafts Leather products Chemicals and allied products Marine products Plastic goods Spices Wool & woollen products Miscellaneous , Source: Visvesvaraya Trade Promotion Centre, Government of Karnataka; Note: (1) : Till September

18 ECONOMIC SNAPSHOT EXPORTS (3/3) Incentives & concessions for export in Karnataka Exemption from entry tax Refund of certification charges Refund of cost incurred for export consultancy / market Intelligence studies Brand promotion and quality assurance Support for the establishment of CFS and other export infrastructure Compensation of export Credit. Support for development of exports in gherkins, rose onions and floriculture. Market development assistance for trade promotion and overseas trade delegations. Policies for export promotion Industrial Policy Karnataka Tourism Policy 2009 Karnataka State Mineral Policy 2008 Karnataka Semi Conductor Policy 2010 Grape Processing & Wine Policy 2007 Karnataka Solar Policy 2011 Karnataka Renewable Energy Policy 2009 Karnataka Integrated Agribusiness Development policy 2011 Karnataka SEZ Policy 2009 Karnataka Animation Visual Effects & Comic Policy 2012 Karnataka Pharmaceutical Policy 2013 Karnataka New Infrastructure Policy 2013 Source: Economic Survey of Karnataka

19 The state has a stable political environment. Successive state governments have recognised the importance of industries in the state and have provided a conducive business environment to attract domestic as well as foreign entities. Karnataka is ranked fifth in terms of attracting private sector investments in India. According to the Department of Industrial Policy & Promotion (DIPP), the cumulative FDI inflows from April 2000 to March 2016 were recorded at US$ billion, the fourth highest in India after Maharashtra, Delhi and Chennai, and accounted for a share of 7% in India s cumulative FDI inflows. With a private equity & venture capital investment of USD2.51 billion from 280 deals, Karnataka stood at the 2 nd position, among all other states ECONOMIC SNAPSHOT FDI INFLOWS & INVESTMENTS FDI equity inflows, to (US$ billion) Investment intentions in terms of IEMs filed, LOIs/DILs issued in Karnataka ¹ Number of Investment Intentions Proposed Investments (US$ Billion) Source: Department of Industrial Policy & Promotion Directorate of Economics and Statistics, Government of Karnataka 19

20 ANNUAL BUDGET (1/3) Total consolidated budget size for was US$ billion. Budget highlights: Under the Matsyashraya scheme, houseless fishermen will be provided with 3,000 houses. Work on improvement of Malaprabha Canal will be implemented at a projected cost of US$ million during Within 2016, all school & college students will be enrolled under Aadhaar system to enhance services related to education in the state. At an amount of US$ 0.76 million, 5 engineering colleges in the state will be employed with courses of IT, telecom, tourism, healthcare, retail, cyber security, etc. with Indo-German collaboration. The new scheme - Indira Suraksha scheme will be executed in the state for families of farmers who have committed suicide with the integrated healthcare services. The employment of smart card for the ticketing purposes will be initiated in the state along with the installation of Vehicle Transport System across the fleet of NWKRTC, NEKRTC and KSRTC. Under the Chief Minister s special package, US$ million, US$ million, US$ million and US$ million have been allocated for the lake enhancement, solid waste management, storm water drain manufacturing & improvement of 110 villages as well as city & town municipalities under Bruhat Bengaluru Mahanagara Palike (BBMP), respectively, in the state. Source: Government of Karnataka, Budget

21 ANNUAL BUDGET (2/3) Primary & Secondary education : The state government has taken various initiatives such as, Nali Kali, not for profit organization, etc., for enhancement of quality education across all government schools in the state. A comprehensive e-content programme, in Karnataka will be launched by high school teachers for delivering digital literacy to government high school students. Reassurance of yoga education in government schools. Higher education: For accentuating knowledge as well as fiscal necessities in the state, Karnataka Education Policy will be deployed. For presenting the state s educational and cultural legacy, the state government has decided to develop Karnataka Heritage Centre at a cost of US$ 0.30 million in Karnataka Folklore University. The state government has allocated US$ 1.52 million for allowing the government colleges to obtain UGC grant by getting the NAAC recognition. Sector Primary & secondary education Annual allocation (US$ million) Annual allocation (US$ million) , , Higher education Energy 2, , Water resources 2, , Urban development 1, , Social welfare Health and family welfare Major sector-wise allocations as per budget & , Agriculture Horticulture Sericulture Fisheries Source: Government of Karnataka, Budget Forest, environment and Ecology 21

22 Agriculture: Energy: Recognition of special agricultural zones will be initiated in the state for focusing over the welfare of farmers and their operative agricultural techniques. Under the programme Suvarna Krishi Grama, 100 villages across 4 district of 4 revenue divisions are proposed to be developed as model agricultural villages. For delivering 90% funding for sprinkler units and drip irrigation, the state government decided to include around one lakh farmers under various schemes such as R.K.V.Y, Chief Ministers Sookshma Neeravari Yojane and Krishi Bhagya, for which an amount of US$ million would be allocated during The creation of infrastructure for 50,000 pump sets will be initiated during ANNUAL BUDGET (3/3) The state government is engaged in the creation of 2,000 MW of solar parks in the district of Tumkur, which is estimated to yield 600 MW by the end of As per state budget , US$ 1.92 billion has been allocated for the Energy Department. CleanMax Solar, a Mumbai based firm is planning to invest US$ million for building a 200 MW solar farm project in the state. Water Resources: The work on enhancement of Malaprabha Canal is proposed to be initiated in the state for which the state government has allocated US$ million. As per state budget , US$ 2.21 billion has been allocated for the Water Resource Department. 22

23 The state is well connected to its five neighbouring states and other parts of India through 15 national highways that run through the state. The Karnataka State Road Transport Corporation (KSRTC), established in August 1961, provides state road transport services. During , a total of 1, km and km roads were constructed under Namma Grama Namma Rasthe scheme and PMGSY, respectively by the state government. As per state budget , the state government allocated US$ million for the improvement of rural roads in the state during Source: Maps of India PHYSICAL INFRASTRUCTURE ROADS During , NABARD loan assistance scheme took the manufacturing of achkout roads under its supervision. Moreover, construction work of 167 roads, at an estimated cost of US$ million was fulfilled during , while 91 roads are being constructed from RIDF-XVII to RIDF-XX, at an estimated cost of US$ million. With an outlay of US$ million, the state government completed the development of major district roads of length 5,573 km during However, the construction of state highways of length 7,875 km along with 87 bridges was also completed during the same period. Other development works include improvement of municipality roads, development of Central Business District roads, development of roads under the Chief Minister s Nagarothana scheme, manufacturing of Jattur bridge across Kagina river as well as Kudalasangama Adavihala bridge, etc. in the state. Road infrastructure in Karnataka (km) Road type National highways State highways 27,163 Major district roads 55,515 Municipal roads 8,366 Other roads 155,545 Source: Ministry of Road Transport & Highways, Government of Karnataka, State Budget,

24 PHYSICAL INFRASTRUCTURE RAILWAYS Karnataka is well connected to other parts of the country through the railways. The state has a railway network of 3,250 km. Karnataka Rail Infrastructure Development Corporation (K- RIDE) has been set up with the objective of developing and implementing rail infrastructure projects in Karnataka with private sector participation wherever feasible. K-RIDE has a chief executive officer deputed from the Railways Department and principal secretary, Infrastructure Development Department, as its chairman. During , Karnataka s metro network of about 27 km was made operational. In addition, by November 2015, the 6.50 km section between the terminal of Magadi and Mysuru road was initiated. However, development work for phase-i is expected to be completed by mid Further, the state government granted contracts for two reaches of phase II, which are slated for completion by During , an amount of US$ million was released by the Government of Karnataka for development of various railway projects in the state. Type of railway South Central Railways South Western Railways Karnataka railway network BG (km) MG (km) NG (km) Total (km) , ,697 Southern Railways Konkan Railways Total 3, ,250 Status of major railway projects in Karnataka ( ) Railway project Ramanagara-Mysuru doubling track Bidar-Kalaburagi new railway line Bengaluru-Hasana railway line Bagalakote-Kuduchi railway line Ginigera-Rayachuru railway line Gadaga-Wadi railway line TumakuruRayadurga railway line Status Commissioned for transport Completed On stage of completion Approved by Government of Karnataka; amount released for land acquisition Source: Economic Survey of Karnataka, , State Budget

25 PHYSICAL INFRASTRUCTURE AIRPORTS The Belagavi airport of the state has been provided with 370 acres of land during Work on the airport and runway extension is also expected to be accomplished by The state has five domestic airports. These are located in Bengaluru, Mangalore, Hubli, Mysore and Belgaum. International flights operate from the airports at Bengaluru (Kempegowda International Airport) and Mangalore (Mangalore International Airport). Bengaluru International Airport; the country s first greenfield international airport, has been developed at Devanahalli in Bengaluru as a passenger and cargo department hub. This was developed under PPP and started operations in May During , work on planning and preparation of terminal 2 and second parallel runway of Kempegowda International Airport was initiated. This construction will enable the airport to handle around 35 million passengers per year. Airport Karnataka airport statistics ( ) Passenger traffic (No.) Aircraft movement (No.) Freight (tonnes) Further, work on development of Kalaburagi airport by PWD is expected to be concluded during Moreover, on the basis of PPP, the work on development of Shivamogga airport will also be executed during Bengaluru 18,971, , ,950 Mangalore 1,674,251 13, Karnataka airport statistics ( ) Bengaluru 15,401, , ,475 Mangalore 1,307,083 11, Source: AAI, Global Investors Meet, Budget

26 PHYSICAL INFRASTRUCTURE PORTS (1/2) Cargo handled by New Mangalore port (in 000 tonnes) Karwar Port 31,350 32,941 37,036 39,365 36,566 25,290 New Mangalore Port FY 2011 FY 2012 FY 2013 FY 2014 FY 2015 FY 2016¹ There are 13 ports in Karnataka, of which New Mangalore is a major port. New Mangalore Port is the ninth major port in India with the deepest inner harbour on the west coast. Ports Major ports New Mangalore Port Karwar Belekeri The work on development of the second stage of Karwar port has been initiated under the concept of D-BOOST in PPP mode. However, the bid document issue is under consideration by the state government. As per budget , the state government proposed allocation of US$ million for manufacturing of breakwaters on Karwar port s northern side. Minor ports Tadri Honnavar Bhatkal Kundapur Hangarkatta Malpe Padubidri Old Mangalore Source: Indian Port Association, Note: 1 Up to December

27 PHYSICAL INFRASTRUCTURE PORTS (2/2) Cargo handled by various minor ports in Karnataka ( 000 MT) Airport (1) Old Mangalore Karwar Malpe, Belekeri, Hangarkatta & Kundapur Total During , the state government initiated the work on development of Pavinakurve port, under PPP mode, in the district of Uttar Kannada. However, the draft concessional agreement and pre-feasibility report preparations related to the port are under process. Additionally, the Infrastructure Development Department (IDD) has initiated the development of Tadri sea port at a projected amount of US$ million. The state government has also assigned 8,000 sq km of port land at the minor port of Old Mangalore during Source: Karnataka Economic Survey ; Note: (1) : Till December

28 (1) KARNATAKA THE SILICON VALLEY OF INDIA PHYSICAL INFRASTRUCTURE POWER As of August 2017, the state had an installed power generation capacity of 17, MW. Out of this, central utilities contributed 2, MW, private utilities contributed 7, MW and 8, MW was under state utilities. Of the total installed power generation capacity, 8, MW was contributed by thermal power. Capacities of MW and 5, MW were contributed by nuclear & renewable power, respectively, while hydropower contributed 3, MW. The state government has taken steps to undertake several new small, medium and large scale power projects. As per the state budget , the total electricity production capacity added during was recorded to be 1, MW. However, the state government is planning to add electricity production capacity of about 2, MW during Karnataka Renewable Energy Development Limited (KREDL) was established in 1996 to promote the development of renewable energy sources in the state. As per budget , the state government has initiated the setting up of a 2,000 MW solar park in Tumkur district which is estimated to produce 600 MW by the end of March Planning of construction of another 1,200 MW solar plant is being done by the state government during By March 2017, Government of Karnataka has planned to add 400 MW of solar power, in addition to the existing capacity of 524 MW of solar power being produced & consumed in the state. As of February 2017, to solve the water crisis in Bengaluru, the state government has planned to draw water from the dead storage of Krishnaraja Sagar reservoir, at an estimated cost of US$ 5.94 million Installed power capacity (GW) Source: Central Electricity Authority 1 Upto August 2016 As per the budget , the state government has allocated US$ 1.9 billion for enhancement of the power sector in the state. The establishment work of a gas-based power plant in Yelahanka is estimated to be initiated during by the state government. Further, KPCL is expected to create a 200 MW solar power plant during

29 Leading telecom companies operate in the state in the sectors of telecommunication network, basic telephony services (both wire line and wireless) and networking services for telecommunication equipment. According to Telecom Regulatory Authority of India (TRAI), there were million wireless subscribers and 2.23 million wire-line subscribers in Karnataka, as of October The entire state is networked through optical fibre cables (OFCs) of the state-owned company, Bharat Sanchar Nigam Limited (BSNL), as well as private companies such as Bharti, Reliance, VSNL and TATA Tele Services. Last mile access is provided by BSNL as well as Tata Tele Services in various parts of the state. Bharti and Reliance Communications provide the last-mile access directly to the customers in all major cities of Karnataka. By the end of October 2016, 27,079,640 subscribers had submitted requests for mobile number portability in Karnataka. Out of the total allocated amount of US $91.65 million in Bharat Net project, BSNL invested US $61.10 million to increase the speed of gram panchayat connectivity in Karnataka, through highspeed broadband and FTTH (fibre-to-the-home). By March 2017, the state plans to provide Wi-Fi connectivity to all villages. The project will be jointly implemented by BSNL and Karnataka State Electronics Development Corporation (KEONICS). PHYSICAL INFRASTRUCTURE TELECOM Telecom infrastructure (As of October 2016) Wireless subscribers 64,447,332 Wire-line subscribers 2,231,773 Internet subscribers 23,960,000 (1) Post offices 9,667 (2) Teledensity (in %) Performance status of NOFN Project (As of April 2016) No. of GPs in Phase-I 5,599 Pipe Laid (kms.) 10,195 Cabe Laid (kms.) 10,269 GPs for which cable laid 5,004 No. of GPs Lit 2,865 Source: Telecom Regulatory Authority of India, Economic Survey of Karnataka, (1) As of September 2016; (2) As of September 2015 GP-Gram Panchayat 29

30 DEVELOPMENT PROJECTS: URBAN INFRASTRUCTURE (1/2) Karnataka is among the top ten most urbanised states in India. The state is projected to reach an urban population proportion of 50% by Some of the key areas of development are roads and flyovers, water supply, stormwater drainage, sewerage and urban transport. The Karnataka Urban Water Supply and Drainage Board (KUWSDB) is responsible for providing water supply & sewerage facilities in 218 urban areas of the state, except the areas serviced by the Bruhath Bengaluru Mahanagar Palike (provides services in Bengaluru city & surrounding areas). Karnataka has ten city corporations, 56 city municipal councils, 92 town municipal councils, 55 town panchayats & 5 notified area committees. As per budget , an amount of US$ 2, million has been proposed for urban development. As per budget , under Rajeev Awas Yojana s 20 schemes for 10 cities, the construction of 22,000 houses is under progress in the state. For the development of Nagarothana phase-3 project for 10 City Corporations, an amount of US$ million has been granted by the state government during As of March 2017, Nabard is planning to help the state with technologies at a low cost, for conservation and efficient use of water in the drought-affected districts, with the help of modern technologies such as water management practices, micro irrigation (more crop per drop) & adopting improved packages of agronomic practices. Source: JNNURM, Ministry of Urban Development Water supply KUWSDB has implemented surface-based drinking water supply schemes in 187 urban areas to provide assured safe drinking water. KUWSDB is implementing 26 schemes for shifting the source of water from ground water to assured surface water. They are to be completed by Cauvery Water Supply Scheme (CWSS) Stage IV, Phases I IV are being implemented to supply 810 MLD of water to about 600,000 connections. Sewerage system The Bengaluru Water Supply and Sewerage Board (BWSSB) is responsible for providing water supply, sewerage system & sewage disposal in the Bengaluru Metropolitan area. 42 urban areas have been provided with Underground Drainage (UGD) facilities in the state. During , a private operator has been assigned by the state government at Hubli-Dharwad for providing 24X7 water supply under Karnataka Urban Water Supply Modernisation Programme (K.U.W.S.M.P). Moreover, the state government has finished the 27-km network of Metro rail and the phase-1 project is expected to be completed by mid

31 DEVELOPMENT PROJECTS: URBAN INFRASTRUCTURE (2/2) Development projects under Directorate of Municipal Administration: Solid waste management proposals amounting to US$ million were approved by the state government during The government aims to employ scientific solid waste management schemes across various municipalities during , for which an amount of US$ million has been allocated. The state government aims at completing the work of enhancement of road network of 870 km during Under Chief Minister s Small and Medium Towns Development stage-2, grants have been fully released to every municipality in the state. The state government is aiming to begin the programmes stage-3 during at a cost of US$ million. During , the grants under JNNURM and UIDSSMT have been minimised for the central government approved projects and the state government has decided to offer US$ million to fill the gap. The state government has allocated US$ 7.63 million for basic infrastructure development of Haveri, Chikkaballapura and Chamarajanagar towns of Karnataka during In February 2017, the state government released an amount of US$ 1.93 million for developing the Kolikere lake, which was heavily damaged by human activities. The development work includes construction of a bund, checking inflow of sewage into the lake and dredging. Source: Budget

32 DEVELOPMENT PROJECTS: KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS (1/2) Under construction PPP projects - Karnataka Project name Sector Status Total cost (US$ million) Road Upgradation (Karnataka) Project Transport Under construction Setting up of mechanized iron ore handling facilities at deep draft multi-purpose berth of NMPT Transport Under construction Six laning of Belgaum - Dharwad Section Road Transport Under construction Sports City cum International Convention Centre cum Star Hotel cum Shopping Complex cum Residential Complex Social and commercial infrastructure Under construction Airport (Hassan) Project Transport Under construction Waste to Energy Project Mandur Water sanitation Under construction 9.95 Bus Terminal-cum-Commercial complex at Puttur Transport Under construction 1.21 Water Supply Scheme (Mysore) Water sanitation Under construction Construction and Maintenance of Public Toilets in Bengaluru Water Supply Scheme (Nanjangud) Social and commercial infrastructure Water sanitation Under construction 1.99 Under construction 4.74 Source: Department of Economic Affairs, Government of India 32

33 DEVELOPMENT PROJECTS: KEY PUBLIC-PRIVATE PARTNERSHIP (PPP) PROJECTS (2/2) PPP Projects Karnataka Project name Sector Status Development of integrated solid Waste Treatment (100 TPD) and Landfill Facilities at Belgaum Development of International Convention Centre at Devanahalli Total cost (US$ million) Water sanitation Under construction 0.85 Social and commercial infrastructure Under construction Integrated Disposal Facility (Mysore) Water sanitation Under construction 4.62 Integrated Municipal solid waste treatment Kannahalli Water sanitation Under construction 4.15 Integrated Municipal solid waste treatment Mavalipura Water sanitation Under construction 6.64 Karnataka Urban Water Sector Improvement Project Water sanitation Under construction Kudgi TPS Transmission Line Project Energy Under construction Malleshwaram Market - Re-development New Puttanna Theatre and Parking Social and commercial infrastructure Social and commercial infrastructure Under construction 21.9 Under construction Road Upgradation (Goa/Karnataka Border-Kundapur) Project Transport Under construction Road Upgradation (Hoskote-Dobespet) Project Transport Under construction Source: Department of Economic Affairs, Government of India 33

34 DEVELOPMENT PROJECTS: SEZs AND INDUSTRIAL CLUSTERS (1/4) The state has 25 operational, 40 notified SEZs, one valid in-principle approval and 61 formal approval SEZs as of July 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$ million in coming years. The Karnataka State Industrial & Infrastructure Development Corporation has promoted more than 135 start-up ventures in the state through equity participation and has provided debt to core industries such as steel, cement, mining and textiles, as well as new sectors such as IT, aerospace and telecom. An IT Park project in Gulbarga has been taken up by Karnataka State Electronics Development Corporation Limited in 3 phases, during , with a built up area of 150 thousand sq ft at an amount of US$ 3.65 million. Sector-wise Operational SEZs In Karnataka (as on July 2016) Pharmaceuticals 4% Aerospace and industry 4% Electronics hardware and software/ites 4% Hi-tech engineering products and related services 4% Biotechnology 4% Textile 4% Multi product 4% Precision engineering product 4% IT/ITeS 68% Source: Department of Commerce, Ministry of Commerce & Industry 34

35 DEVELOPMENT PROJECTS: SEZs AND INDUSTRIAL CLUSTERS (2/4) Name/Developer Location Primary industry Biocon Special Economic Zone Anekal Taluk, Banglore, Karnataka Biotechnology Synefra Special Economic Zone Udupi Taluk, Karnataka Hi-tech engineering products and related services Manyata Embassy Business park SEZ Bangalore, Karnataka IT/ITeS Wipro Limited (Electronic City) Wipro Limited (Sarjapur) Infosys Ltd. SEZ (Mangalore) Infosys Ltd SEZ (Mysore) Vrindavan Techvillage Sez (formerly M.S. Vikas Telecom Ltd) Rmz Ecoworld Infrastructure Pvt. Ltd. [Formerly Adarsh Prime Projects Pvt. Ltd Varthur Hubli, Electronic City, Banglore, Karnataka Varthur Hobli, Sarjapur Road, Karnataka Bantwal Taluk, Dakshina, Kannada distt., Karnataka Hebbal Industrial Area, Distt. Mysore, Karnataka Bangalore, Karnataka Devarabeesana halli, Bhoganahalli and Doddakanahalli, Karnataka IT IT IT/ITeS IT/ITeS IT/ITeS IT/ITeS Kiadb Aerospace SEZ Karnataka Aerospace and industry Keonics Shimoga Some of the operational SEZs in Karnataka Village Machenahalli and Nidige, District Shimoga, Karnataka Electronics hardware and software/ites Source: Department of Industries and Commerce, Karnataka 35

36 DEVELOPMENT PROJECTS: SEZs AND INDUSTRIAL CLUSTERS (3/4) Some of the operational SEZs in Karnataka Name/Developer Location Primary industry Divyasree Technopark Kundalahalli Village, Krishnarajapuram, Karnataka IT/ITeS International Technology Park Ltd (ITPL) Bangalore Karnataka IT/ITeS Cessna SEZ Bangalore Karnataka IT/ITeS Global Village [formerly Tanglin SEZ] Pattengere/Mylasandra Villages, Karnataka IT/ITeS HCL Technologies Ltd. Bangalore Karnataka IT/ITeS Pritech park Sez (Primal Projects Ltd) Bangalore Karnataka IT/ITeS Bagmane SEZ Bangalore Karnataka IT/ITeS Gopalan Enterprises Pvt. Ltd (Global Axis-hoodi) Bangalore Karnataka IT/ITeS Karle Projects Bangalore Karnataka IT/ITeS Mangalore Special Economic Zone Bangalore Karnataka Multi product Quest special Economic Zone Belgaum district, Karnataka Precision engineering Products Kiadb Pharmaceutic Al Special Economic Zone Karnataka Pharma Kiadb SEZ Hassan Textiles Hasan, Karnataka Textile Kiadb food Processing Special Economic Zone Samudravalli, Sankalapura Food processing Larsen and Toubro SEZ KIADB Industrial Area, Taluka Hebbel, Hootagally, District, Mysore, Karnataka IT/ITES Source: Department of Industries and Commerce, Karnataka 36

37 DEVELOPMENT PROJECTS: SEZs AND INDUSTRIAL CLUSTERS (4/4) Some of the SEZs with formal approvals Name/Developer Location Primary industry M/s. Biocon Ltd Bengaluru Biotechnology Karnataka Industrial Areas Development Board Mangalore IT/ITeS Infosys Technologies Limited Dakshina Kannada IT/ITeS Karnataka Industrial Areas Development Board Shimoga Engineering & related industries Karnataka Industrial Areas Development Board Hassan Food processing and related services Karnataka Biotechnology and Information Technology Services Bengaluru Biotechnology Suzlon Infrastructure Ltd Near Mangalore Port Port-based for hi-tech engineering products and related services Karnataka Industrial Areas Development Board Hassan Pharmaceuticals Mangalore SEZ Limited Dakshin Kannada Petrochemicals and petroleum Quest Machining and Manufacturing Pvt Ltd Belgaum Auto, aerospace and industrial engineering High Street Developers Private Limited Mandya IT/ITeS Opto Infrastructure Limited Hassan Electronic hardware & software/it/ites Source: Department of Industries and Commerce, Karnataka 37

38 SOCIAL INFRASTRUCTURE EDUCATION (1/2) The state has a literacy rate of 75.6 per cent, the male literacy rate is 82.8 per cent and the female literacy rate is 68.1 per cent. In terms of the number of universities, Karnataka ranks fifth among all Indian states and union territories, with 44 universities. Of these, 24 are state public universities and 11 are private deemed universities. Literacy rates (%) Literacy rate 75.6 Male literacy 82.5 Female literacy 68.1 The state has 4,519 pre-university colleges to impart general education. There are more than 1 million students in the preuniversity colleges. There are 293 polytechnics and 206 engineering colleges to provide technical education in the state. For the development of basic facilities such as laboratory, library, new buildings, toilets, drinking water facility in government schools and colleges, an amount worth US$ million would be provided. Under Shikshakara Shikshana scheme, DSERT, DIETs and CTE would be upgraded. Under this scheme, Shaikshanika Adhalath and TESS education centers would be opened in the offices of BEOs, DIETs, DDPIs and CTEs in the state. Educational infrastructure (No) Institute type Number Enrolments Medical colleges 50 6,245 Ayurvedic colleges 56 2,843 Homoeopathic colleges Unani colleges Naturopathy & Yogic Sciences (BNYS) Dental colleges 38 2,700 Pharmacy colleges 61 4,784 Nursing colleges ,725 Source: Economic Survey of Karnataka Census

39 As per economic survey , the state participation in primary education is significant as per cent of the lower primary and per cent of the higher primary schools are managed by Department of Education. In 2015, key MoUs were signed by the government to attract US$ million worth of investments for higher education and announced to set up a new IIT in Karnataka. In December 2016, Karnataka State Education Policy was enacted to phase out single-discipline universities and Kannada University, teaching subjects such as political science, folklore, etc. With the implementation of the policy, such institutes would adopt broader-based education policy in the next few years. Karnataka is home to several premier institutions: Indian Statistical Institute. Indian Institute of Science. Indian Institute of Management. National Law School of India University. Institute for Social and Economic Change. University of Agricultural Sciences, Bengaluru. Kannada University, Hampi. SOCIAL INFRASTRUCTURE EDUCATION (2/2) Karnataka education statistics ( ) Number of schools School dropout rate (in %) Pupil-teacher ratio Lower primary: 26,118 Higher primary: 34,795 Secondary schools: 15,140 Lower primary: 2.37 Higher primary: 2.54 Average: 23.33:1 Aided schools: 42.05:1 Unaided schools: 30.33:1 Source: Economic Survey of Karnataka

40 SOCIAL INFRASTRUCTURE HEALTH... (1/2) Three-tier health infrastructure comprising primary health centres, health units, community health centres and sub-centres is available in the state. The policy of the Government is to establish one primary health centre for every 30,000 inhabitants, one dispensary for every 15,000 20,000 inhabitants and one sub-centre for every 5,000 inhabitants. A total of 108 ambulance services have been availed by around 60,693 people in the state during Moreover, the state government also provided 30 bike ambulance services in urban areas. As per budget , implementation of Indira Suraksha scheme would be initiated in the state during , to offer integrated healthcare services to the families of those farmers who have committed suicide. As of November 2015, the state has 12,481 active health institutions out of total 12,750 health institutions in the state. Health indicators (2015) Beds per 100,000 population 99 Birth rate Death rate Infant mortality rate 2 31 Life expectancy at birth (years) Male (2015) 63.6 Female (2015) 67.1 No of institutions Total Facilities (As of November, 2015) Subcenters 9,416 Community health centres 317 Primary health centres 2,437 Sub district hospital 539 District hospital 41 Total institutions 12,750 Under the assistance of National Health Mission, at a cost of US$ 8.09 million, trauma centres will be established across 5 places, under the scheme of Aapathbandhava for offering emergency treatment to highway accident victims. Source: Economic Survey of Karnataka , Ministry of Health & Family Welfare Sample Registration System (SRS) Bulletin Sep, 2014, 1 Per thousand persons, 2 Per thousand live births, 40

41 SOCIAL INFRASTRUCTURE HEALTH... (2/2) Various other programmes to be included under the National Health Mission during include: Establishment of oral cancer detection programme across the state s districts at an allocated amount of US$ 0.25 million. Establishment of a 25 bed special dialysis unit in Bengaluru s K.C General Hospital at an estimated cost of US$ 0.68 million. Extension of mobile health service units to villages with no transport and hospital facility. Under the Free Laboratory Scheme, establishment of free diagnostic centres in government hospitals for treating the ill patients. The state government is planning to construct District Ayush Integrated Hospitals having a capacity of 50 beds in Davangere and Chikkaballapura and 10 beds in Chincholi, T. Narsipur and Dandeli, at an estimated cost of US$ 0.91 million,. The state government is also planning to establish district hospitals with an investment of US$ 9.16 million in the state. Source: Economic Survey of Karnataka , Ministry of Health & Family Welfare Sample Registration System (SRS) Bulletin Sep, 2014, 1 Per thousand persons, 2 Per thousand live births, 41

42 CULTURAL INFRASTRUCTURE There are several sports complexes in Bengaluru, Mysore, Mangalore and other cities. Cricket, hockey and football are the major sports, although other games are also popular. The main sports arenas are the M. Chinnaswamy Stadium and the Sree Kanteerava Stadium in Bengaluru, Chamundi Vihar Stadium in Mysore and the Mangala Stadium in Mangalore. The Bengaluru Golf Course and the Karnataka Golf Association are well-known golf courses in the state. Karnataka is also home to numerous convention centres used for exhibitions, both indoor and outdoor, such as Palace Grounds and the Bengaluru International Exhibition Centre. Under the Rural Tourism Project, Anegundi, Kokkare Bellur, Attivari Bird Sanctuary, Gokarna and Kodagu have been developed. Schemes are being prepared to develop rural tourism at other places also to showcase the rural life, art and culture and heritage. Ranga Shankara and Karnataka Chitrakala Parishath form the cultural nexus of Bengaluru and are the performing spaces for dance, music and theatre artists. An international mega convention centre, with a seating capacity of 6,000, is being planned near the Bengaluru International Airport. During , the state government finished the construction of swimming pools across Hanagal, Mudubidire and Harihara and is planning to complete swimming pool construction at Sagar during The government has also decided to develop playgrounds equipped with volleyball, kho-kho, throwball and kabaddi courts across selected villages in association with Panchayath Raj and Rural Development departments. Further, the monuments of Srirangapatna and Hoysalas along with the monuments and forts of Deccan Sultanate have been registered in the provisional list of World Heritage sites during Moreover, as per the budget , the International Museum of Konkani Culture would be established in Mangaluru during , at an estimated cost of US$ 0.38 million. Similarly, with US$ 0.15 million, the state government is aiming to set up the museums at Bagalkot and Bidar. A grant worth US$ 0.30 million will be extended to Karnataka Janapada Parishat and an amount of US$ 3.81 million will be given to Gadinadu Abhivrudhi Pradhikara by the state government during

43 As of March 2016, announcements have been made to setup six cities of Karnataka as smart cities. As per the budget , Davanagere and Belgaum have been selected under the initial stage of Smart City Abhiyan. During , 27 cities were selected under the central government s Atal Mission for Rejuvenation and Urban Transformation Scheme (AMRUT). The state government has proposed various schemes under AMRUT as per the budget For the Smart City Mission project, the government is set to release US$ million, during Population, area & literacy rate of identified smart cities in Karnataka Badami Belagavi SMART CITIES Hubali-Dharwad Devengere Cities Population Area (sq km) Literacy rate Mangaluru 774, % Belagavi 488, % Shivamogga 322, % Hubli-Dharwad 943, % Tumakuru 2,678,980 10, % Davanegere 434, % Mangaluru Shivamoga Tumakuru Source: Census 2011 & TechSci Research 43

44 KEY INDUSTRIES The natural resources, policy incentives and infrastructure in the state favour investments in the IT/ITeS, biotechnology, engineering, electronics, automotive, textiles, agri- and food-processing sectors. Karnataka s favourable policies have encouraged industries to set up their R&D centres in the state. Bengaluru has about 401 R&D centres, the most in India. Karnataka is making significant investments in industrial infrastructure, such as setting up industrial clusters and SEZs and PPP projects to provide an impetus to further industrial development. During , government land of 11,994 acres was passed to the Karnataka Industrial Areas Development Board. The formation of Invest Karnataka 2016 in the state is expected to offer US$ million for the enhancement of infrastructure facilities among existing areas of industrialisation. Further, it is also projected to set up a new cashew technology centre in the district of Uttar Kannada of the state. IT and ITeS Key industries in Karnataka Biotechnology Aerospace Engineering Animation Agro and food processing (floriculture) Electronics and telecom Electronic hardware Automotive Tourism Textiles and apparel Renewable energy Total number of micro, small and medium enterprises in Karnataka Year MSME units Employment Employment per unit , , , , , , (up to December 2015) 19, , Source: Directorate of Industries and Commerce, Economic Survey of Karnataka,

45 (¹) KARNATAKA THE SILICON VALLEY OF INDIA Karnataka has emerged as an information technology (IT) hub of India. Bengaluru is the fourth largest technological cluster in the world after Silicon Valley, Boston and London. About 50 per cent of the world's SEI CMM Level 5 certified companies are located in Bengaluru. The state is India s largest software exporter, with electronics and computer software exports totalling to US$ billion during (1). The state accounted for about 38 per cent share in India s electronic and software exports during (1). Karnataka has 47 IT/ITeS SEZs and dedicated IT investment regions. There are 3,500 IT companies in the state. The state houses 550,000 IT professionals or 1/3 rd of the total IT professionals in the country. At least 400 Fortune 500 companies have outsourcing operations in Karnataka. As of September 2015, the total enrolments of people in the sector was recorded to be million. The state government has formulated a new Karnataka Startup Policy for assessing the progress of startup companies during As per the state budget , the state government will set up a technology incubation centre during in Doddaballapura town for the endorsement of startups related to technology in association with Texas University. During , the state government aims to establish 10 new incubators in the state s graduate and professional institutes, under the network of New Age Incubation. National Bureau of Soil and Land Use Planning at the Indian Council of Agriculture Research, Bengaluru conducted GPS-enabled soil sampling and nutrient analysis in Karnataka, Tamil Nadu and Kerala in April The analysis was done to help coffee growers in checking soil properties and nutrient status via Kshemam app KEY INDUSTRIES IT AND IT-ENABLED SERVICES (1/2) Electronics and software exports from Karnataka (US$ billion) Wipro Technologies Infosys Genpact Accenture CAGR: 8.66 % Some of the key players The state has earmarked US$ million for the creation of the biggest eco-system for start-ups. The incubation centre will be set up in association with Karnataka State Electronics Development Corporation (KEONICS) and will have all necessary infrastructure for start-ups. According to India Hiring Intent Survey 2017, there will be 5-10% increase in hiring by BPO/KPO and ITeS companies in the state in the coming years. Source: Visvesvaraya Trade Promotion Centre; Note: (1) : till September

46 KEY INDUSTRIES IT AND IT-ENABLED SERVICES (2/2) Wipro Ltd Infosys Technologies Ltd Genpact Accenture Wipro Ltd was established in 1945 and recorded revenues of US$ 7.82 billion during The company has presence in areas such as IT services, product engineering, technology infrastructure services, BPO and other consulting solutions. The company provides services such as application development, deployment and maintenance, business intelligence and customer relationship management. Based in Bengaluru, the company has 72 plus global delivery centres and 50 plus industry-specific centres of excellence in more than 54 countries. In September 2009, the company launched its centre of excellence at its Electronic City campus to work with other leading IT firms for developing innovative IT solutions. Infosys Technologies Ltd was set up in 1981 and posted revenues of US$ 9.53 billion in The company operates in areas such as IT consulting, modular global sourcing, process re-engineering and BPO services. Infosys has 73 offices and 94 development centres in the US, India, China, Australia, Japan, the UK, Germany, France and many other countries and has marketing and technological alliances with companies such as IBM, HP, Microsoft and Oracle. The company has operations at multiple locations in Bengaluru, Mangalore and Mysore. Genpact was set up in 1997 in India. Formerly known as GE Capital International Services, the company s net revenues in stood at US$ 2.27 billion. The company provides a wide range of business process, technology and knowledge services including finance and accounting, collections and customer relations, insurance, procurement and supply chain, analytics, software and IT infrastructure. Genpact employs around 60,200 employees. The company has one office in Bengaluru in Karnataka. Accenture is a global management consulting, technology services and outsourcing company with approximately 275,000 people serving clients in more than 120 countries. In , Accenture generated revenues of US$ 8.97 billion. The company has one consulting office and seven delivery centres in Bengaluru. 46

47 KEY INDUSTRIES BIOTECHNOLOGY (1/2) Karnataka has played a key role in India s emergence as a significant player in the global biotechnology industry. Karnataka is home to nearly 60.0 per cent of the country s biotech units. The state consists of over 300 Biotech companies and has more than 6,800 scientists involved in biotech research. Premier life sciences institutions such as Indian Institute of Science, National Centre for Biological Science and Jawaharlal Nehru Centre for Advanced Scientific Research are present in the state. Sector-focused SEZs have been set up in Mysore, Mangalore, Hubli-Dharwar, Belgaum, Shimoga, Gulbarga, Kolar & Mandya. Twelve biotechnology finishing schools are scheduled for development under the Millennium Biotech Policy. India s biotechnology industry is expected to reach US$ 100 billion by 2025, with Bangalore forming a significant part of it. As per state budget , the state government established Bengaluru Bio-innovation Centre with an investment of US$ 8.55 million for enabling MSMEs to access high-end laboratory and instrumentation facilities. Sub-regional science centres at Vijayapura, Tumakuru, Davangere, Udupi, Chikkodi, Chittapur and Chikmagalur would be established in with an investment of US$ 0.66 million. The state government announced its plans to introduce 100% reservation for Kannadigas in all private sector industries, including biotechnology firms. An 86-acre biotechnology park, Bengaluru Helix, comprising the 52-acre Alexandria Knowledge Park in Bengaluru is currently under development. More than 60 per cent of the biotechnology companies in India have a base in Bangalore and the state drives 50 per cent of the total revenues in India s biotechnology sector. Some of the key players Biocon AstraZeneca India Jubilant Life Sciences Ltd GlaxoSmithKline Pharmaceuticals Ltd Source: Economic Survey of Karnataka

48 KEY INDUSTRIES BIOTECHNOLOGY (2/2) Biocon Biocon India was incorporated in 1978 as a joint venture between Biocon Biochemicals Ltd of Ireland and an Indian entrepreneur, Kiran Mazumdar-Shaw. The company is among the leaders in biopharmaceuticals and bioservices. Biocon has its corporate headquarter in Bengaluru. In , the company recorded revenues of about US$ million. AstraZeneca India Jubilant Life Sciences Ltd GlaxoSmithKline Pharmaceuticals Ltd AstraZeneca India was established in The company is involved in the areas of manufacturing/marketing of bulk drug chemicals, liquid formulations, tablets and capsules, injectibles and ointments for various disease segments such as cardiovascular, respiratory and maternal healthcare. In 2014, the company s manufacturing plant is located at Yelhanka and R&D centre is located in Bengaluru. Jubilant Life Sciences Limited (formerly Jubilant Organosys Ltd) is an integrated pharmaceuticals and life sciences company. The company is the largest Custom Research and Manufacturing Services (CRAMS) company and provides leading drug discovery & development solutions outside India. The company s revenue was about US$ million during the last quarter of FY Jubilant has a manufacturing facility in Nanjangud, with around 625 employees. GlaxoSmithKline Pharmaceuticals Ltd was established in 1924 and is one of the oldest pharmaceutical companies in India. At the end of third quarter of , the company recorded a revenue of US$ million. GSK India product portfolio includes prescription medicines and vaccines. The company has a clinical development centre in Bengaluru. 48

49 (¹) KARNATAKA THE SILICON VALLEY OF INDIA KEY INDUSTRIES ENGINEERING (1/2) The engineering industry in Karnataka has positive prospects, given its performance. Exports of engineering products have increased from US$ 1,605 million in to US$ 2, million in , The engineering segment is the fastest growing sector of the state, which grew at a CAGR of 21% between and The state is exporting engineering products to Germany, China, South Korea, Brazil, USA, Malaysia, Thailand, South Africa and Singapore. A majority of the exporters in state are based in Bengaluru, Hubli, Mysore, Belgaum, Mangalore, and Shimoga. Engineering products exports (US$ billion) CAGR: 10.31% Exports include machine tools, industrial machinery, cutting tools, castings, automotive components, electrodes, welding equipment, construction and earthmoving equipment, and helicopter spares. A 300-acre SEZ has been created in Belgaum to develop a precision engineering and manufacturing supply chain ecosystem, which would be a great driver for manufacturing industries. Bharat Earth Movers Limited, Hindustan Machine Tools Limited and Bharat Heavy Electricals Limited are among the leading companies in this sector in the state. Some of the key players Bharat Earth Movers Limited (BEML) Hindustan Machine Tools Limited (HMT) Bharat Heavy Electricals Limited (BHEL) Saint-Gobain India Source: Visvesvaraya Trade Promotion Centre, Government of Karnataka, 1 upto September

50 KEY INDUSTRIES ENGINEERING (2/2) BEML Limited HMT Ltd BHEL Saint-Gobain India BEML Limited (formerly Bharat Earth Movers Limited) was established in BEML manufactures a wide range of earth moving and other heavy industrial equipment for the mining and civil engineering industries. BEML has a registered office in Bengaluru and units in Kolar Gold Fields, Mysore and Bengaluru. During the third quarter of , the company recorded revenues of US$ million. HMT was established in The company manufactures various types of machine tools including watches, tractors, printing machinery, metal forming presses, die casting & plastic processing machinery, CNC systems & bearings. During the third quarter of , the company earned revenues of US$ 1.67 million. HMT has a manufacturing plant in Bengaluru. Bharat Heavy Electricals Ltd (BHEL) is the largest engineering and manufacturing enterprise in India in the energy-related/infrastructure sector. The company has 16 manufacturing divisions, two repair units, four regional offices, eight service centres, eight overseas offices and 15 regional centres. BHEL has an electronics division at Bengaluru. The company recorded revenues of US$ million during the third quarter of Saint-Gobain India was established in India in The group comprises eight manufacturing companies in India for various products ranging from glass to engineering products. In the second quarter of 2015, the company recorded revenues of US$ 6.51 million. The company has a manufacturing plant in Bengaluru. 50

51 KEY INDUSTRIES TELECOMMUNICATIONS AND ELECTRONICS (1/2) Karnataka is a leading state of the country in electronics and telecommunication. The state has high-end research and development organisations such as Indian Institute of Science, Cosmic Industrial Laboratories Ltd, Indian Space Research Organisation (ISRO), CSIR Centre for Mathematical Modelling and Computer Simulation (CMMACS), National Aerospace Laboratories, Centre for Soft Matter Research and John F. Welch Technology Centre. Karnataka has excellent telecom infrastructure with 140 of 170 towns connected by Optic Fibre Cables (OFC) network. Bengaluru district is the major hub of the electronics and telecommunications industries. The other districts of Hassan, Tumkur, Mysore, Mangalore and Shimoga are the new destinations for promotion of electronics and hardware industries. The state houses global giants such as Sanyo, AT&T, Siemens, GE, Motorola, Sony and Alcatel as well as national heavyweights such as BPL Limited and Indian Telephone Industries Limited. In 2015, the state government of Karnataka has announced plans to set up an Information Technology Investment Region (ITIR) near the Kempegowda International Airport (KIA) and proposed an investment of US$ 2.35 billion. The construction will be completed in two phases and the Karnataka Industrial Areas Development Board (KIADB) is in the process of acquiring 2,072 acres land for the first phase. The ITIR is first of its kind and is projected to be developed over next 20 years. The first phase is expected to be completed by 2020 while the second phase will be developed in following 15 years. The start-ups warehouse set up by the state government in association with Nasscom has attracted 170 start-ups. However, during , the functioning of second start-up warehouse in collaboration with NASSCOM with was initiated in the state. In order to provide venture capital to semiconductor companies, the state government has formed Karnataka Semiconductor Venture Fund with a total fund size of US$ million. Bharat Electronics Ltd Nokia Siemens Some of the key players Philips Electronics India Ltd Source: Department of Industries and Commerce 51

52 KEY INDUSTRIES TELECOMMUNICATIONS AND ELECTRONICS (2/2) Bharat Electronics Ltd Nokia Bharat Electronics Limited (BEL) was incorporated in 1954 and is a multi-product, multi-unit, multi-technology company. Products manufactured by BEL are mainly categorised as systems/turnkey solutions, defence and non-defence products. The company has a manufacturing unit in Bengaluru and achieved revenues of US$ million during the third quarter ending December Nokia is among the world leaders in mobile technology. The company started its India operations in India holds the distinction of being the second largest market for the company globally. The company has an R&D facility and a design studio in Bengaluru. Siemens Philips Electronics India Ltd Siemens set up operations in India in The Siemens Group in India is a unique player in the field of electrical and electronics engineering. The Group employs approximately 10,933 people and has 23 manufacturing facilities in India. Siemens has several offices in Bengaluru. During the second quarter ending March 2016, the company recorded revenues of US$ million Philips has been operating in India for more than 75 years. The company is a leader in consumer electronics, healthcare and lighting systems. Philips employs more than 4,500 people in India. The company has an R&D facility Philips Innovation Campus in Bengaluru. 52

53 KEY INDUSTRIES AUTOMOTIVE (1/2) Karnataka has a vibrant auto industry with investments of around US$ 713 million and annual revenues of US$ 604 million. The state is the fourth largest state in India in terms of automotive production. The main locations for automobile industries are Bengaluru, Ramanagara, Kolar, Shimoga, Dharwad & Belgaum. General Motors Technical Centre, located in Bengaluru, is actively involved in research, design, analysis and development of vehicles and power trains for foreign destinations as well as the domestic market. The state has 3 auto clusters, one industrial valve cluster and one auto component cluster. 2 manufacturing hubs are coming up in Narsapur & Vemagal Industrial Areas in Kolar District. The Government is in the process of announcing a Dedicated Automobile Policy. Automotive industry of Karnataka grew at a CAGR of 15 per cent during 2009 to The state is considered to be the 4th largest in manufacturing and developing automobiles in the country. On the back of this, the state contributes 8.5% to the overall automobile sector of the country. In February 2017, Taiwan based - JHY Group, opened a factory in Malur taluk, near Bengaluru. In (up to December 2015), total transport and nontransport vehicles recorded in Karnataka were thousand, out of which, transport vehicles were 1.49 thousand whereas non-transport vehicles were thousand. As per the final draft of Karnataka Industrial Policy , the state will study the feasibility of setting up major auto parks at Dharwad, Kolar and Bidadi in Ramanagara district; and smaller auto parks in Belgaum, Shimoga, Mysore and Gulbarga. Toyota Kirloskar Volvo India TVS Motor Company Some of the key players Delphi Automotive Systems Pvt Ltd Source: Economic Survey of Karnataka

54 KEY INDUSTRIES AUTOMOTIVE (2/2) Toyota Kirloskar Toyota Kirloskar is a joint venture between Kirloskar group and Toyota Motor Corporation. The company has manufacturing facilities at Bidadi. Volvo India Volvo India has a state-of-the-art bus manufacturing unit near Bengaluru. Globally, the Volvo Group has about 115,000 employees, production facilities in 19 countries & sales activities in more than 190 countries. The company has increased its capacity to around 1,500-1,700 buses per annum in from 1,100 buses per annum earlier. Volvo India plans to invest US$ billion to set up a truck & bus manufacturing facility in Malur, Kolar. TVS Motor Company TVS Motor Company is one of the largest 2-wheeler manufacturers in India. The company is the flagship company of the TVS Group. TVS Motor has 4 manufacturing plants across India including Mysore. The company achieved a turnover of US$ 1.75 billion during Delphi Automotive Systems Pvt Ltd Delphi India was incorporated in 1995 as a wholly owned subsidiary of Delphi. The company is a leading global supplier of electronics & technologies for automotive, commercial vehicles and other market segments. Delphi India has a technical centre in Bengaluru, which is the largest technical centre outside the US. 54

55 KEY INDUSTRIES TEXTILES AND APPAREL (1/4) Karnataka is one of the leading producers of cotton, silk and wool, which are the key raw materials required for textile manufacturing units. The production of cotton during was recorded to be lakh bales. The state produces 33.59% of India s silk. Raw silk and cocoon production in the state was recorded at 7.38 thousand MT and 53 thousand MT, respectively during April- December Karnataka is a major apparel sourcing destination for the global market. The state accounts for 20 per cent of the national garment production. During , the state contributed around 65%, 12% and 6% of silk, wool and cotton production, respectively to the country. Moreover, the state recorded 144 skill development centres and 168 private training centres during There are approximately 0.38 million manufacturing units engaged in the textiles and garments sector at the organised and unorganised level. Under the New Textile Policy , the state government is planning to invest US$ 1,650 million in the textile sector. The Textile Policy offers various incentives for investments in the textile sector; these include credit-linked capital subsidy, entry tax reimbursement and power subsidy. The Textile Policy offers various incentives for investments in the textile sector; these include credit linked capital subsidy, entry tax reimbursement and power subsidy. As of July 2016, the state had one operational SEZ (KIADB SEZ Hassan - Textiles) for the textile sector at Hasan, Karnataka. During (up to December 2015), the state produced million metres of handloom textiles, as compared to million metres in Moreover, 78 new industrial units were also registered in the state from April to December Karnataka has an apparel park at Dodaballapur near Bengaluru and other mega textile parks in the other parts of the state. During , the District Sector State Plan Funds of US$ thousand were allocated to handlooms & textiles sector of the state, as compared to US$ thousand in Some of the key players Gokaldas Exports Limited Karnataka Silk Industries Corporation (KSIC) Himatsingka Seide Shahi Exports Private Limited Source: Karnataka Economic Survey , Directorate of Industries and Commerce 55

56 KEY INDUSTRIES TEXTILES AND APPAREL (2/4) Financial assistance to handloom weavers (in US$ million) Source: Economic Survey of Karnataka, , Department of Industries, Handloom, Government of Karnataka 56

57 KEY INDUSTRIES TEXTILES AND APPAREL (3/4) Spun yarn production ( 000 kg) , , (up to September 2015) 15,580 Power-loom weavers and looms in Karnataka No. of weaver households No. of weavers No. of looms 30, ,535 88,566 Production and employment in handloom and power-loom industries in Karnataka Description Units (up to December 2015) Handloom production Million metres Handloom employment Lakh Power loom production Million metres Power loom employment Lakh Handloom weavers and looms in Karnataka Description Rural Urban Total Total weaver households 33,854 3,826 37,680 Weaver population 121,688 12, ,338 Weaving workforce 69,686 7,163 76,849 Looms 35,662 4,826 40,486 Source: Ministry of Textiles 57

58 KEY INDUSTRIES TEXTILES AND APPAREL (4/4) Gokaldas Exports Ltd KSIC Gokaldas is one of the largest garment exporters in the country. The company commenced operations in During the third quarter of , the company generated revenues of US$ million. Headquartered in Bengaluru, the company has 30 factories across India. Gokaldas employs around 28,000 people and has a manufacturing capacity of 2.45 million garments per month as of Karnataka Silk Industries Corporation (KSIC) is a Government of Karnataka enterprise and is a leading manufacturer of silk. The company has two modern factories in T. Narasipura & Mysore, which are engaged in manufacturing silk goods from raw silk yarn to silk fabrics. Himatsingka Seide Himatsingka Seide, incorporated in 1985, is a Bengaluru-based company dealing in natural silk fabric. In , the company generated revenue of US$ million. The company s focus area is textile designing and manufacturing. Himatsingka Seide has a spinning division as well as a weaving division. The company s brand atmosphere is India s first luxury home textile brand, with an exclusive collection of more than 2,500 products and an installed capacity of 25 million metres per annum. Shahi Exports Pvt Ltd Shahi Exports is among the top home furnishing exporters in the country. The company began operations in 1974 in Delhi and started manufacturing in Bengaluru in Shahi Exports has manufacturing facilities in Delhi, Bengaluru, Salem and Tirupur 58

59 KEY INDUSTRIES AGRO AND FOOD PROCESSING (1/3) Karnataka, with a good agricultural base including various food crops, offers immense scope for the development of food processing industries. Karnataka is the largest producer of coffee & cocoa in the country. The state accounts for around 71.3% of the country s total coffee production. Coffee production of the state increased from 233,230 MT in to 253,340 MT in During , the state government implemented the scheme - Krishi Bhagya across 129 talukas of 25 districts. Moreover, under the program of Bhoochethana-2, which is being executed across lakh hectares of area, a total of about 11 lakh farmers have been profited. As per budget , the state government decided to provide incentives for endorsement of agro-processing units in the state for which the government will be allocating a total amount of US$ 3.81 million. With more than three-fourths of the state facing severe drought and drinking water crisis, Karnataka government released a US$ million input subsidy directly to bank accounts of 4.47 lakh farmers in April Karnataka s coffee production Location Elevation (m MSL) Rainfall (mm) Main coffee types Total area under coffee (hectares) Average production (MT) Bababudangiris 1,000-1,500 1,750-2,200 Arabica 15,000 10,500 Chikmagalur 700-1,200 1,000-4,500 Coorg 750-1,100 1,000-2,500 Manjarabad 900-1,100 1,000-2,500 Arabica, Robusta Arabica, Robusta Arabica, Robusta Arabica - 37,000 Robusta - 23,000 Arabica - 26,000 Robusta - 56,000 Arabica - 31,700 Robusta - 9,400 Arabica - 29,000 Robusta - 30,000 Arabica - 24,000 Robusta - 69,000 Arabica - 21,000 Robusta - 9,500 Main intercrops Pepper, cardamom, arecanut Pepper, cardamom, arecanut, orange, vanilla Pepper, cardamom, orange, banana, arecanut Pepper, cardamom, orange, arecanut, banana Source: Coffee Board, Government of India 59

60 (¹) KARNATAKA THE SILICON VALLEY OF INDIA KEY INDUSTRIES AGRO AND FOOD PROCESSING (2/3) As per budget , the state government has also decided to provide agri start-ups with an amount of US$ 1.52 million setting up the new industries by deploying advanced techniques. The state is one of the leading producer of flowers, spices, fruits and vegetables. Government of Karnataka had approved the establishment of food parks in 6 districts: Bengaluru rural, Tumkur, Shimoga, Davangere, Bijapur & Belgaum. These parks are in advanced stages of implementation. Most of the civil infrastructure work has been completed in Malur, Hiriyur, Bagalkot & Jewargi food parks, which had been approved by Ministry of Food Processing Industries, Government of India. The export of agriculture and processed food in the state grew at a CAGR of per cent between & The export value has increased from US$ million in to US$ million in Coffee exports from Karnataka (US$ million) CAGR: % Some of the key players District Final estimate of coffee production ( ) in MT Arabica Robusta Total Chikmagalur 42,425 41,385 83,810 Hindustan Unilever Limited Nestle India Britannia Industries Limited United Breweries Group Kodagu 21, , ,705 Hassan 18,950 12,875 31,825 Sub total 82, , ,340 Source: Economic Survey of Karnataka , Coffee Board Note: (1) : Till September

61 KEY INDUSTRIES AGRO AND FOOD PROCESSING (3/3) Hindustan Unilever Ltd Nestle India Hindustan Unilever Limited (HUL) is India's largest fast-moving consumer goods (FMCG) company, with leadership in home & personal care products and foods & beverages. The company recorded revenues of US$ 4.2 billion during HUL employs more than 16,000 people nationwide. In the second quarter of 2015, the company recorded revenues of US$ 1.3 billion. The company has a manufacturing plant and an R&D centre at Bengaluru. Nestle has been in India for almost a century, with seven production facilities across the country, including one at Nanjangud, Karnataka. The company produces chocolates and confectionaries, prepared dishes and cooking aids, beverages and milk products and nutritional supplements. During the first quarter of 2016, ending in March 2016, the company recorded revenues of US$ million. Britannia Industries Ltd Britannia is a leading food processing company in India. The company manufactures food products such as biscuits, cheese and bread. Based in Bengaluru, the company recorded revenues of US$ 1.32 billion in United Breweries Ltd United Breweries Limited (UBL) is a flagship company of the UB Group. The company is also referred to as the beer division of the UB Group and is based in Bengaluru. UBL recorded a net turnover of US$ million in In the second quarter of 2015, the company recorded revenues of US$ million. The company has around 2,489 employees and manufactures products primarily under the Kingfisher, London Pilsner and UB Premium Ice brands. 61

62 KEY INDUSTRIES AEROSPACE (1/2) Karnataka is known as the pioneer in the Indian aerospace industry after the establishment of Hindustan Aeronautics Limited (HAL) in Bangalore in Karnataka produces more than a quarter of India s aircrafts and spacecrafts. Around 984 acres of land is earmarked for an exclusive industrial area and sector-specific SEZ for aerospace industries near Bengaluru International Airport. On February 2015, the aerospace park started its operations. India s first aerospace SEZ of 300 acres is operational at Belgaum. In February 2015, Rolls Royce company sought 12 acres of land in Devanahalli Aerospace Park to ramp up their manufacturing capabilities in the aerospace sector in addition to the 6 acres already allotted in partnership with HAL. The state is exporting aerospace products to US, UK, Germany, Russia Mauritius, Malaysia, Nepal, Oman and Ecuador. In order to boost aerospace industry in the state, the Government of Karnataka has proposed to reduce the VAT imposed on articles made from nickel, titanium, etc. under the heading of HSN 7505, 7506 and 8108, from 14.5% to 5.5% during Karnataka is the first state which announced the aerospace policy in the country. Karnataka Aerospace Policy has identified an investment potential of US$ 12.5 billion in this sector during and plans to develop aerospace clusters in different regions of the state. Companies such as Air India, Boeing and Jupiter Aerospace have selected Karnataka for the development of MRO facilities. The state government plans to develop an aerospace park spread over 1,000 acres near the Bengaluru International Airport (BIAL) with an investment of US$ 1.7 billion, with the intention of attracting global and domestic players in the Indian aerospace industry. The park is expected to be operational by Aerospace Technology Centre (ATC) in Bengaluru would be established under the PPP model. Boeing Some of the key players Hindustan Aeronautics Limited Airbus Engineering Centre BEML Ltd Source: Global Investors Meet 2012, MRO India, NRI Forum Karnataka, Karnataka Aerospace Policy

63 KEY INDUSTRIES AEROSPACE (2/2) Boeing HAL In India, Boeing is represented through its wholly owned subsidiary, Boeing International Corporation India Private Limited (BICIPL). Boeing established its first R&D centre in India the Boeing Research & Technology Centre in Bengaluru in The centre develops high-end technology solutions, particularly in the areas of aero structures and avionics. Hindustan Aeronautics Limited (HAL) is ranked 40 th in Flight International's list of the World s Top 100 aerospace companies in HAL has 19 production units and nine research and development centres in seven locations across India; of which, eight production units and four R&D centres are located in Bengaluru. Airbus Airbus industrial cooperation with India began in 1988 when an agreement was reached with Hindustan Aeronautics Limited (HAL) to manufacture passenger doors for the A320 aircraft. Specialising in high-tech aeronautical engineering, the Airbus Engineering Centre works handin-hand with other Airbus engineering offices around the world, as well as with the Indian aviation industry. BEML Ltd Bharat Earth Movers Limited (BEML), a Miniratna-Category-1, plays a pivotal role and serves India s core sectors such as defence, rail, power, mining and infrastructure. BEML is involved in the manufacturing of aircraft components/assemblies and MRO activities related to aerospace applications. Source: Global Investors Meet 2012, KUM Karnataka, Airbus, BEML Ltd 63

64 KEY INDUSTRIES ANIMATION (1/2) Major suppliers to the industry such as HP, AMD, NVIDIA and Microsoft are located in Bengaluru. There has been a considerable increase in AVGC business outsourcing to Bengaluru. A great deal of content for global blockbuster animation movies such as Life of Pi, Harry Potter, Kung Fu Panda, Prometheus and Pirates of the Caribbean was developed in Karnataka. The state government is in process of establishing digital art training centres across willing colleges, in collaboration with Association of Bangalore Animation Industries (ABAI) for imparting new skills to people under the program designed by the experts of ABAI. Technicolor TATA Elxsi Zynga DreamWorks Some of the key players Source: PwC Report estimates, Karnataka AVGC Policy As per Economic Survey , AVGC finishing schools would be developed in the state for improving the skill quotient of the students and enabling them to get industry-ready. In 2015, the Government of Karnataka invested about US$ 0.41 million for boosting the animation sector and to make Karnataka a hub for the AVGC sector in the country. 64

65 KEY INDUSTRIES ANIMATION (2/2) Technicolor Technicolor is a worldwide technology leader in the media and entertainment sector. Technicolor India offers world-class design and production services in animation and visual effects for motion pictures and television broadcast productions. Technicolor has been operating in India since 2007 and employs about 1,238 people. Tata ELXSI Tata Elxsi is a listed company and is headquartered in Bengaluru. The company is a global design company and offers key services including embedded product design, industrial design, animation & visual effects and systems integration. The company recorded revenues of US$ million in Zynga Inc DreamWorks Zynga Inc is the world's leading provider of social gaming services with more than 240 million monthly active users playing its games, which include CityVille, Zynga Poker and Scramble with Friends. Zynga's Bengaluru centre, started in 2010, has rapidly expanded to become the company's second largest operation in the world after its San Francisco centre. DreamWorks Animation creates high-quality entertainment, including CG animated feature films, television specials and series and live entertainment properties. DreamWorks Animation has been named one of the 100 Best Companies to Work For by FORTUNE Magazine for four consecutive years. The company has theatrically released a total of 25 animated feature films, including the franchise properties of Shrek, Madagascar, Kung Fu Panda and How to Train Your Dragon. Source: Technicolor, TATA Elxsi, Zynga, DreamWorks 65

66 KEY INDUSTRIES ELECTRONIC HARDWARE (1/2) Karnataka is among the top chip designing hubs in the country. Around 70 per cent of chip designers in India are found in Bengaluru city. The state has the advantage of having low-cost skilled/technical manpower compared with other states. Bengaluru is a global hub for R&D activity in the software industry, which will greatly aid the electronic hardware industry. As per budget , the state government has proposed to establish four incubators based on technology, in phases, across the areas of electronics systems designing & manufacturing, IoT, Robotics, 3D printing, etc. During , the state government has also planned to work in partnership with the industry as well as academic institutions in order to establish excellence centres and finishing schools across the sectors of electronics, IT, etc. in Karnataka. The ESDM (Electronic System Design & Manufacturing) Policy is expected to provide for development of three ESDM innovation centres that will provide complete infrastructure with the requisite design tools. ESDM Policy also plans to set up seven high-class ESDM Manufacturing Clusters (EMCs) to provide infrastructure support including electronic manufacturing services and component manufacturing by Some of the key players Intel AMD Qualcomm Inc Nvidia As per the policy, by 2020, ESDM sector is expected to generate turnover of US$ 400 billion, including exports to the tune of US$ 80 billion, with an investment of US$ 100 billion. Source: Department of Electronics and Information Technology, GoI, Department of IT, BT and S&T, Karnataka, ESDM Policy 2013, Karnataka 66

67 KEY INDUSTRIES ELECTRONIC HARDWARE (2/2) Intel Intel, headquartered in Santa Clara, is the world s largest and highest valued semiconductor chip maker based on revenue. The Intel India Development Centre is a critical engineering design and development centre for key Intel products across CPUs, graphics, platforms and software with strong IT expertise and factory automation. AMD AMD India plays a significant role in the design of microprocessors, AMD s family of Accelerated Processing Units (APU), SoCs, graphics and media solutions. AMD has two design centres in India located in Hyderabad and Bengaluru. Qualcomm Inc NVIDIA Qualcomm Incorporated is an America-based global semiconductor company that designs, manufactures and markets digital wireless telecommunications products and services. Qualcomm India Private Limited established its India operations in 1996 and has R&D centres in Bengaluru and Hyderabad. Nvidia manufactures Graphics Processing Units (GPUs) as well as System-on-a-Chip units (SOCs) for the mobile computing market. Nvidia established its design centre in Bengaluru in The centre includes a state-of-the-art facility and data centre that facilitates top-to-bottom designing of advanced graphics and digital media processors for a wide range of platforms. Source: Company websites 67

68 KEY INDUSTRIES TOURISM... (1/2) Karnataka boasts of a diverse flora and fauna and a 320- km natural coast line, which makes it a nature tourist's paradise. The state is ranked fourth in terms of the number of tourist arrivals in India. The Palace on Wheels of South India the Golden Chariot Train tour has been rated by Vanity Fair, UK, as among the top seven train journeys in the world. Karnataka has World Heritage Sites at Hampi and Pattadakal. Good infrastructure in the form of better road and rail connectivity as well as improving hospitality is also aiding tourism Number of tourist arrivals in Karnataka (million) CAGR: 16.9 % The state attracted million domestic tourists and 0.63 million international tourists in During , tourist arrivals in the state increased at a CAGR of 16.9 per cent. The sector contributes 14.8 per cent to the GSDP of Karnataka; plans are afoot to expand to 26 per cent by In budget , the state government announced the launch of new policy on tourism for the period for strengthening and boosting private investments across the tourism sector During , the state government has decided to launch new Kuteera scheme for providing the tourists with basic amenities on the national highways. The state government has also decided to endorse the Heli and Air taxi services across the vital tourist destinations of the state. Further, tourist places, pertaining to Jains and Buddhists, are also proposed to be developed by the state government during As per the budget , an amount of US$ million has been allocated to the tourism department. Source: Socio Economic Survey , Government of Karnataka. 68

69 KEY INDUSTRIES TOURISM... (2/2) Major attractions Medical tourism Karnataka is India s most preferred destination for advanced medical care, and is referred to as the medical tourism hub of India. The state has the highest number of approved health systems, multi-specialty health centres and alternative health therapies in India. Eco tourism Karnataka represents wide variations in topography high mountains, hills and long coastal stretches. The state has five national parks, 26 wild life sanctuaries, pelicanries, heronries and elephant camps. Adventure tourism Karnataka s geography provide a vast spectrum of diverse attractions, making it a heaven for adventure sports and outdoor activities. Major attractions include white water rafting on the Kali river and aero sports at the Nandi hills. Source: Visvesvarya Industrial Trade Centre, Global Investors Meet

70 KEY INDUSTRIES RENEWABLE ENERGY (1/4) During , renewable energy was recorded at 5, MW out of the total installed capacity of 17, MW. Therefore, it contributed a total of 29.47% into the state s total installed power capacity. Karnataka is endowed with high renewable energy potential such as wind, hydro, solar, tidal & geothermal energy resources. The renewable energy potential for the state is estimated at 30.2 GW, primarily from wind, solar, small hydro, co-generation and biomass sectors. The government has allotted projects of 19, MW, amounting to nearly 64 per cent of the total potential. Through the Renewable Energy Policy, the state plans to set up renewable energy economic zones by procuring 10 per cent of the land of SEZs and dedicating it for renewable energy. The policy also mandates to keep aside 10.0 per cent of barren Government land for renewable energy. In January 2015, renewable energy developer and technology provider, SunEdison has signed an MOU with Karnataka Government to develop 5 GW of renewable energy projects within the state over the next five years. The agreement includes details of an immediate plan to implement projects between 1,000 MW and 1,500 MW before December 31, However, the company s bankruptcy filing in the US in April 2016 is expected to impact the implementation of this project in the state. Moreover, due to this bankruptcy filing, Karnataka Renewable Energy Development Ltd. has encashed the bank guarantee for the small 20 MW project which was undertaken by SunEdison, in July During , 20 wind power projects were allotted to the state of Karnataka which include Solar Fields Energy Photo Voltaic India Private Limited in Gulburga, Mituna Constructions Private Limited in Belgaum, SPI Green Energy (Amrutha Power 15 MW) in Chikkamagalur, etc. In March 2017, ABB India modernised & restored the 1,035 MW Sharavathi seamless integration hydropower plant in the state, which generates 25% of Karnataka Power Corporation s output. The project is a perfect example for future ready renewable technology which enables the Industrial Internet of Things (IIOT) & synchronises with the government s strategy for round the clock reliable power. 70

71 KEY INDUSTRIES RENEWABLE ENERGY (2/4) Progress in renewable energy (MW) ( ) 1 No Renewable energy source Available potential (MW) Capacity allotted (MW) Installed capacity (MW) 1 Wind 55,857 13, , Small hydro 3, Biomass 1, Co-generation 2,000 1, , Solar 24,700 1, Grand total 86,557 19, ,196.1 Source: KREDL, Central Electricity Authority, Karnataka Renewable Energy Policy 1 As of December

72 KEY INDUSTRIES RENEWABLE ENERGY (3/4) Wind energy Karnataka wind energy density map During , Karnataka had a total wind energy potential of approximately 14 GW. By the end of December 2015, the installed capacity for wind energy in public and private sector, both, was recorded to be 2, MW. Wind energy accounted for 28.64%of the total installed capacity recorded by the end of December During (up to December 2015), a capacity addition of MW was done for wind power under Renewable Energy, which was recorded to be MW in Wind velocity in the state ranges from 0.85 m/s to 8.27 m/s. Potential areas for wind power plants in the state include Chitradurga, Gadag, Chikmaglur, Bellary, Davangere, Koppal, Bijapur, Bagalkot and Belgaum. Karnataka is counted among the top five destinations for wind energy in India. Wind power density W/Sq m Source: Centre for Wind Energy, Chennai 72

73 KEY INDUSTRIES RENEWABLE ENERGY (4/4) Solar energy Karnataka solar resource map The state has a solar energy potential of 10,000 MW. Karnataka Solar Policy plans to add solar generation of minimum 2,000 MW by The total capacity installed for solar energy during (up to December 2015) was recorded to be 124 MW. Many districts, especially coastal areas, receive solar radiation in the range of kwh/m 2 during summer, which is best suited for solar PV projects. The central government s policy mandates that solar energy consumption should increase to 3.0 per cent of the total consumption by 2022, up from the present consumption of 1.5 per cent. Karnataka is the only state to have supported solar projects under the REC (Renewable Energy Certificate) mechanism. During , 20 wind power projects were allotted to the state of Karnataka, including Solar Fields Energy Photo Voltaic India Private Limited in Gulburga, Mituna Constructions Private Limited in Belgaum, SPI Green Energy (Amrutha Power 15 MW) in Chikamagalur, etc. Source: Karnataka Solar Policy , News articles 73

74 KEY INVESTMENT PROMOTION OFFICES (1/2) Agency Description Contact information Department of Industries and Commerce (DIC) Anchor department for development/establishment of industries in Karnataka. Responsible for formulating and implementing industrial policies in the state. No 49, South Block, Khanija Bhavan Race Course Road Bengaluru Phone: Fax: Website: Karnataka Udyog Mitra (KUM) Single contact point for investors in the state Considers/forwards proposals to concerned agencies and communicates status to investors. Monitors implementation of approved projects. Single point of contact for information on various aspects including land availability, statutory approvals and coordination. No 49, South Block, Khanija Bhavan East Entrance, Race Course Road Bengaluru Phone: /5659, Fax: Website: kum.karnatak.gov.in 74

75 KEY INVESTMENT PROMOTION OFFICES (2/2) Agency Description District Level Single Window Clearance Committee (DLSWCC) Functions under the chairmanship of respective Deputy Commissioners for industrial projects for investments less than US$ 0.65 million. State Level Single Window Clearance Committee (SLSWCC) Functions under the chairmanship of Minister for Large and Medium Industries for investments that range between US$ million. State High Level Clearance Committee (SHLCC) Functions under the chairmanship of the Chief Minister for projects involving investment of more than US$ 10.9 million. District Industries Centres Nodal agencies for approval of projects at the district level. Primary focus is to promote small scale, village and cottage industries. Other departments Various sector specific departments such as Department of Tourism, Department of Information Technology and Biotechnology, Department of Food Processing, Department of Textiles and Department of Mines and Geology. 75

76 KEY APPROVALS REQUIRED (1/2) List of approvals and clearances required Departments to be consulted Prior to setting up the unit Registration Allotment of land/shed Permission for land use Site environmental approval No objection certificate under Water and Air Act Approval for construction activity and building plan Sanction of power No objection certificate Provisional trade tax registrations Registration under Central Sales Tax Act Department of Industries and Commerce Department, Karnataka Udyog Mitra (Single Window Agency) Karnataka Industrial Areas Development Board State Department of Industries, Department of Town and Country Planning State Pollution Control Board and Ministry of Environment and Forests Karnataka State Pollution Control Board Development Authority/Urban Local Body State Electricity Board Fire Department and Directorate of Factories and Boilers Central and State Excise Departments Central and State Excise Departments 76

77 KEY APPROVALS REQUIRED (2/2) List of approvals and clearances required Departments to be consulted Before commencement of production No objection certificate under Water and Air Act No objection certificate Permanent Trade Tax registration Registration under Central Sales Tax Act, 1956 State Pollution Control Board Fire Department and Directorate of Factories and Boiler Central and State Excise Departments Central and State Excise Departments After commencement of production/activity Registration Department of Industries and Commerce and respective sector departments such as IT/BT/Tourism etc. 77

78 APPROVAL PROCESS Stage 1 Clearance of the project/industry Stage 2 Clearance State Level Single Window Agency (Large/mid-size industries US$ million) High Level Clearance Committee (Mega industries > US$ 10.9 million KIADB (Land acquisition) Karnataka Udyog Mitra (Department of Industries and Commerce) Other sector-specific departments KSPCB (Pollution Board) KPTCL (Electricity) Inspectorate of Factories and Boilers District Industries Centre (Tiny industries < US$ 0.65 million) Investor Commercial tax Land conversion BWSSB/KUWSDB (Water supply) Source: Karnataka Udyog Mitra, Karnataka Industrial Areas Development Board and Department of Industries & Commerce 78

79 COST OF DOING BUSINESS IN KARNATAKA Cost parameter Cost estimate Industrial land (US$ per hectare) 129, Power cost (US cents per kwh) Metropolitan area: Non metro area: 8.7 Labour (US$/man year) 1,522 Occupation costs (US$/sq ft/year) Employee cost (US$/ man year) Software developers 6,383 Team leads 14,893 Architects 21,276.5 Project managers 31,915 Source: Industry sources, Ministry of Labour and Employment, Government of India, Bengaluru Water Supply and Sewerage Board, Karnataka Electricity Regulatory Commission pppindia 1 Land cost has been estimated by computing the average cost of land at various Industrial Parks in Karnataka 79

80 Karnataka Start-up Policy STATE ACTS & POLICIES (1/6) Objective To encourage the growth of 20,000 technology based start-ups in the state by To enable the establishment of around 25 innovative technology solutions in the state. To create around 0.6 million direct as well as 1.2 million indirect employment opportunities in technology sector. Read more Karnataka Tourism Policy Objective To boost private investments across the tourism sector. To develop Karnataka as a dynamic, sustainable and most-favoured tourism destination by increasing domestic & international visitations, offering high quality experience to visitors, facilitating and accelerating investments and improving livelihood opportunities at the local level. Read more Solar Policy Objectives To add solar generation of at least 2,000MW by 2021 in a phased manner. To encourage PPP model and R&D and innovation in the sector. To promote Roof Top Generation and Technologies. To transform Karnataka into an investor friendly state. Read more 80

81 STATE ACTS & POLICIES (2/6) Karnataka Industrial Policy Objective To make Karnataka the most preferred investment destination through inclusive, sustainable and balanced growth. Read more ESDM Policy 2013 Objective To facilitate, promote and develop the ESDM sector in Karnataka and make Karnataka a preferred destination for investment in this sector. Read more Aerospace Policy 2012 Objectives To position Karnataka as a vibrant aerospace hub of Asia and a globally recognized aerospace destination by enabling the environment for holistic and sustained growth of the aerospace sector. Increase the contribution of the aerospace sector towards enhancing the share of industry in the state s GSDP from 28.0 per cent to 32.0 per cent by Read more 81

82 AVGC Policy 2012 STATE ACTS & POLICIES (3/6) Objective Encourage and support appropriate manpower development, infrastructure development and business development in the AVGC sector. Read more Information and Communication Technology Policy 2011 Objectives To maintain Karnataka s leadership in outsourced IT services. To retain Karnataka s position as the state with the largest skilled workforce in India for IT services, products and R&D. To enable Karnataka to be the most preferred destination for MSMEs (micro, small and medium enterprises). Read more Integrated Agribusiness Development Policy 2011 Objective To position Karnataka on a sustained growth path in the field of agricultural and allied sectors through global technologies and innovative tools by creating enabling frameworks and state-ofthe-art infrastructure facilities, thereby generating higher returns for farming communities. Read more 82

83 STATE ACTS & POLICIES (4/6) Karnataka Renewable Energy Policy Objectives Development, propagation and promotion of renewable energy resources and technologies. Creation of a suitable environment for private sector participation in renewable energy power generation. Read more State Policy for Special Economic Zones 2009 Objective To facilitate and expedite establishment of SEZs, at the same time safeguarding the environment and the interests of land owners. Read more Millennium Biotech Policy II 2009 Objective To increase the quality of human resources by supporting education and research institutions like the Institute of Agri-Biotechnology (IABT), the Institute of Bioinformatics and Applied Biotechnology (IBAB), the Centre for Human Genetics (CHG) and BT finishing schools; to create specific infrastructure such as focused biotech parks in the areas of agriculture, marine biotech and animal husbandry; to provide specific fiscal incentives. Read more 83

84 STATE ACTS & POLICIES (5/6) Karnataka Mineral Policy 2008 Objectives Upcoming Policy To optimise the state s geological potential by scientific and detailed prospecting. State-of-the-art techniques will be encouraged by combining the resources of the private and public sectors. To resolutely pursue the policy of preserving flora, fauna, and bio-diversity and ensure that the invaluable forest wealth is safeguarded while granting mineral concessions. To promote transparency in granting mining concessions. The applicants who propose establishment of industries for value addition within the vicinity of the mineral bearing areas will be given priority. Read more Infrastructure Policy 2007 Objective To provide a fair and transparent policy framework for facilitating economic growth and encouraging Public Private Partnerships (PPP) in infrastructure. Read more NRI Policy 2017 Objective The policy was introduced in January 2017, to attract investments from non-resident Kannadigas. The policy aims at helping improve the privileges and speedy services to NRKs, through a card. Read more 84

85 STATE ACTS & POLICIES (6/6) Policy Department Semiconductor policy 2010 I4 (IT, ITeS, Innovation, Incentives) policy Karnataka Pharmaceutical policy 2012 Department of IT /BT and Science & Technology, Government of Karnataka Department of Information Technology, Biotechnology and Science & Technology, Government of Karnataka Health and Family Welfare Department, Government of Karnataka New textiles policy Department of Handlooms and Textiles, Government of Karnataka 85

86 CONFERENCES/SUMMITS FOR Summit / Conference Venue of Summit / Conference Date International Summit on Engineering and Technology(ISET- 16) Bengaluru 27 th August, 2016 International Conference on Engineering and Technology (ICET-16) Mysore 4 th September, 2016 International Conference on Computer Science, Electronics and Communication Engineering (ICCSECE-16) Mangalore 18 th September, 2016 Technoarete-International Summit on Engineering and Technology(ISET-16) Bengaluru 22 nd October, 2016 Source: Conference Alerts 86

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