Located at the heart of Great Indian Peninsula (Southern
India), Karnataka occupies a total area of 1,91,791 sq km. It is the eighth
largest State in the country. It is situated between 11 degree 31' to
18 degree 14' North Latitudes and 74 degree 12' to 78 degree 10' East
Longitudes. It has a 320 km long coastline which is dotted with numerous
beaches. Karnataka is popularly known for carnatic music throughout the
world. Its richness in culture and tradition has inspired the art lovers
and philosophers for generations.
Karnataka has become the Information Technology (IT) powerhouse
of India. Most of the IT activities are carried out in its capital city,
Bangalore (Bangaluru). There are large number of software companies in
the State, employing hundreds of IT professionals every year. Bangalore
is a veritable melting pot of various races and cultures. This garden
city has well-laid out parks, gardens, long avenues of blossoming trees
and salubrious climate. It offers a lifestyle comparable with the world's
leading cities and a veritable shopper's paradise. It is also home to
top of the line companies in other sectors like engineering, pharmaceuticals,
biotechnology, food processing, apparel, electronics and automobiles.
That's why, it is called India's science city.
Karnataka has been placed well on the agricultural and
horticultural map of India and is producing variety of food and cash crops.
Its scenic beauty makes it an attractive tourist hotspot. It has also
become an industrial metropolis, due to the following advantageous features
of the State:-
- Pro-active and supportive administrative set up;
- Simplified procedures for investment;
- Availability of land, quality power and water;
- Good law and order situation;
- Harmonious industrial relations;
- Excellent transportation network and worldwide connectivity;
- Best telecom infrastructure in the country;
- Presence of leading IT, biotechnology, electronics and
heavy machinery companies;
- Excellent social, education and health facilities;
- Availability of world class technical manpower;
- Home to world class educational institutions and R&D
centres;
- Among the fastest growing and largest markets in India;
etc.
Given these, Karnataka has become the most preferred destination
for investors the world over. It is considered as the technology capital
of the country. There exists large number of big and small companies in
the State, offering innumerable business opportunities in the various
sectors of the economy.