Karnataka being a big economic development state with its capital Bangalore, a forerunner in economic and technological rise.
The state’s IT & ITES industry is mainly from Bangalore with software companies like Infosys and Wipro. Public sector firms like Bharat Heavy Electricals Ltd, Hindustan Machine Tools and Hindustan Aeronautics Ltd are also players amonst India’s biotechnology industry has its origin here.
Karnataka is mainly into few of the biggest public sector industries in India, comprising Hindustan Aeronautics Limited, Bharat Heavy Electricals Limited, Indian Telephone Industries, National Aerospace Laboratories, Bharat Earth Movers Limited and Hindustan Machine Tools, which are headquartered in Bangalore. India’s major science & technology research centers like Indian Space Research Organization, Bharat Electronics Limited, Central Power Research Institute, and the Central Food Technological Research Institute, are located in Karnataka. Mangalore Refinery & Petrochemicals Limited is an oil refinery situated in Mangalore.
Karnataka is top in biotechnology with 152 biocluster firms has its office here. 75% of India’s floriculture supplying flowers & ornamental plants globally.
The prominent banks like Corporation Bank, Vijaya Bank, Karnataka Bank, Canara Bank, Syndicate Bank, Vysya Bank and State Bank of Mysore had its first office in Karnataka
