Home > Investment Sectors > IT Sector in Karnataka
Investor's perception
"Karnataka has a large pool of talented resources, lots of engineering colleges and is among the first states in the country to have a dedicated IT and BPO policy"
Nandan Nilekani
Chairman of the Unique Identification Authority of India
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IT Sector in Karnataka
Present Scenario and Strengths:- 80% of global IT companies have based their India operations and R&D centers in Bangalore.
- Bangalore is the 4th largest technology cluster in the world after Silicon Valley, Boston, and London.
- Bangalore has the highest number of R&D centers in India.
- Presence of 47 IT/ITeS SEZs in Karnataka; 3 software technology parks with 2,160 units, dedicated IT Investment Regions.
Karnataka is the leading IT hub of the country with Bangalore as the 4th largest technological cluster in the world after Silicon Valley, Boston and London.
- With a third of India's software technology park units, the state is the country's largest software technology hub.
- 2100 IT companies constitute over 20% of the IT companies in the country India's largest software exporter.
- 50% of the world's SEI CMM Level 5 certified companies located in Bangalore Presence of almost all leading IT companies of the world, including Infosys, Wipro, Tata Consultancy Services, Oracle, Dell, IBM, Microsoft, Accenture, Cognizant, etc.
- Indian Institute of Science (IISc)
- Jawaharlal Nehru Centre for Advanced Scientific Research (JNCASR)
- National Centre for Biological Sciences (NCBS)
- Indian Space Research Organization (ISRO)
- Indian Institute of Management Bangalore (IIMB)
- National Law School of India University (NLSIU)
- National Institute of Advanced Studies (NIAS)
- Raman Research Centre (RRC)
- 15.5 Billion USD IT exports in the year 08-09
- 825 Million USD exports from Hardware sector in the year 2008-09
- IT companies - 2084 as on year ending 2008-09
- Hardware companies - 76 as on year ending 2008-09
- BPO / ITES companies - 270 as on year ending 2008-09
- Biotech industries - 187 as on year ending 2008-09
- Non-recurring financial support Capital investment subsidy up to Rs.20 lakhs per 100 seater BPO unit. Financial support of Rs.10,000/- per employee towards manpower training.
- Recurring financial support Financial support of Rs.5000/- per employee as subsidy to meet costs of building rentals and internet connectivity.
- Project Proposition: Information Technology Investment Region
- Project Location: Bangalore International Airport
- Investment Potential: INR 90,000 Crores
- Project Proposition: IT Parks
- Project Location: Several locations
- Investment Potential: INR 50 Crores
