Want to Start Business in Karnataka? Here is Few Good Profitable Ideas for You

List of Approved Clusters in Karnataka:

1. Electronic System Design [CLIK], Bangalore Urban Dist.

2. Electronic Cluster (ELCIA), Bangalore.

3. Jewellary Cluster, Guledagudda, Bagalkote Dist.

4. Jaggery Cluster, Hipparagi, Bagalkote District.

5. Leather Processing Cluster, Mudhol, Bagalkote District.

6. Wooden Furniture Cluster, Angol, Belgaum Dist.

7. Kudchi Jaggery Cluster, Belgaum District

8. Foot Diamond Leather Cluster, Madhabavi, Belgaum Dist.

9. Machine Tool and Engineering Cluster, Udyambag, Belgaum

District.

10. Readymade Garments Cluster, Ramdurga, Belgaum District

11. Birds Power loom Cluster, Ramdurga, and Belgaum District.

12. Jaggery processing Cluster, Chikkodi, Belgaum Dist.

13. Bricks Processing Cluster, Khanapura, Belgaum District.

14. Athani Raisins processing cluster, Athani, Belgaum dist

15. Rice Mill Cluster, Siraguppa, Bellary District

16. Artificial Jewellary Cluster, BasavaKalyana, Bidar Dist.

17. Bidar Auto Cluster, Bidar

18. Pharmaceuticals Cluster, Kolhar Indl. Area, Bidar Dist.

19. Embroidery Garmenting & Zari Cluster, Mylor, Bidar Dist.

20. Bidri Art & Craft works Cluster, Bidar Dist.

21. Raisin Cluster, Bijapur District

22. Embroidery and Readymade Garment Cluster, Doddamudahalli,

Chamarajanagara District.

23. Food Products Cluster, Sakrayapatna, Chickmagalur District.

24. Wooden Furniture Cluster, Gavanahalli, Chikkamagalore Dist.

25. Automobile Repair & Servicing, Kadur, Chikkamagalore Dist.

26. Handloom Cluster, Konnampalli, Chinthamani Tq,

Chikkaballapur Dist.

27. Silk Reeling & Twisting Cluster, Chikkadasarahalli,

Chikkaballapur

28. Handloom Weavers Cluster, Thimmasandra, Chinthamani Tq,

Chikkaballapur

29. Wool Cluster, Challakere, Chitradurga Dist.

30. Wool Cluster, Hosadurga, Chitradurga Dist.

31. Puffed Rice Cluster, Holalkere Road, Chitradurga District

32. Printing Cluster, Hubli, Dharwad Dist.

33. Woolen Knitted Garments Cluster, Hubli, Dharwad Dist.

34. Heat Treatment & Engineering Cluster, Hubli, Dharwad District.

35. Auto Components Cluster, Hubli, Dharwad District.

36. Readymade Garment Cluster, Hubli, Dharwad District.

37. Wooden Furniture Cluster, Betageri, Gadag District.

38. Spices Manufacturing Cluster, Betageri, Gadag Dist.

39. Handloom Cluster, Betageri , Gadag Dist.

40. Stone Carving Cluster, Belagatti, Gadag District.

41. Readymade Garments, Shigli, Gadag District.

42. Broom Cluster, Betageri, Gadag Dist.

43. Printing Cluster, Betageri , Gadag Dist

44. Wooden Furniture Cluster, Mundargi, Gadag

45. Food Processing Cluster, Narasapura, Gadag.

46. Nava jyothi Readymade Garments Cluster, Betageri, Gadag Dist

47. Navodaya Powerloom Cluster, Shigli halli, Shiratti Tq, Gadag Dist.

48. Readymade Garment, Narasapura, Gadag.

49. Food Cluster, Gulbarga District

50. Rice Mill Cluster, Mandya Dist.

51. Kaveri Packaging Cluster, Mandya District.

52. Agricultural Implements Cluster, K.M.Doddi, Mandya District.

53. Printing Cluster, Mysore Dist.

54. Engineering Cluster, Mysore Dist.

55. Auto Cluster, Mysore Dist.

56. Silk Textile Cluster, Kudur, Magadi Tq.

57. Jewellary Cluster, Shimoga

58. Desiccated Coconut Cluster, Tiptur, Tumkur Dist.

59. Printing Cluster, Tumkur District

60. Printing cluster Udupi.

61. Cashew Processing Cluster, Murur, Kumta Tq, Uttarakannada District.

62. Food Cluster, Yogamandira, Sirsi, Uttarakannada District.

63. Readymade Garments Cluster, Rangampet, Yadgir Dist.

64. Wooden Furniture Cluster, Hunasagi, Yadgir Dist.

65. Automobile Servicing Cluster, Hunasagi, Yadgir Dist.

Karnataka is one of the most progressive and industrialized states in the country and is leading States in driving India's economic growth. Economic growth and fast development of any state depends on Industrial relations. The state has an illustrious history of successfully introducing several industrial and technological initiatives. State's pre-eminent position on the industrial and business map of India is based on several factors. Karnataka has always been at the forefront of industrial growth in India. With its inherent capabilities coupled with its enterprising citizens, Karnataka provides the ideal choice for investment opportunities.

Karnataka is rich in natural resources and known for its salubrious climate. It has a strong resource base of highly educated people, backed by an extensive educational infrastructure comprising world-renowned schools, colleges, institutes of higher learning, research and development centres, and highly skilled labour force, disciplined and hardworking. And, above all, it has a farsighted, development-oriented, investor-friendly government that firmly believes in, and actively encourages, public – private partnerships. Today, Karnataka is driving domestic growth and creating wealth through a potent mix of resource-based, skill-based, technology-based and knowledge-based products and services.

Karnataka is a state in south western region of India, originally known as the state of Mysore it was renamed Karnataka in1973. The 2 main river systems of the state are the Krishna and the Kaveri. The tourist attractions have been Gol Gumbaz at Bijapur as it is the 2nd largest pre-modern dome in the world. Recently Karnataka has emerged as a hot spot for health care tourism. It has the highest number of approved health systems and alternative therapies in India. It has 5 nationals parks and it also have 27 wildlife sanctuaries of which 7 are bird sanctuaries.

Karnataka occupies its position among the high economic growth states of India. In the year 2015-16, Karnataka contributed 7.54% to GSDP of India. The state’s GSDP was 156.23 billion US dollars. During the period between 2004 and 2016, the state’s GSDP increased at a rate of 13.93% and reached 156.23 US dollars. The NSDP increased at a compound annual growth rate of 14.19% and reached 142.9 billion US dollars. The per capita GSDP grew at rate of 12.91% and reached 2557 US dollars. The growth rates indicated are compound annual growth rate.

Karnataka is a land rich in natural resources. Its policy incentives and infrastructure play a significant role in attracting investments for the various industrial sectors in the state.

Project Opportunities in Karnataka:

Steel Industry

Karnataka is the 3rd largest producer of steel in India with a current production level of 10.70 Million Tons per annum. Both alloy and non-alloy steel are produced and the product range includes basic steels like pig iron and sponge iron, ingot, blooms, billets, slabs, finished products like long products CTD & TMT (bars & rods), wire rod, sections, bright bars, CR/HR coils. The export of steel from Karnataka is around 0.96 Million Tons.

Food Processing

Karnataka is poised to become the leading food processing hub in India. Clearly, the food processing industry is on the threshold of demand-led growth in the country and within the state of Karnataka. It says Karnataka boasts of specific supply strengths, giving the state a comparative advantage to become a leading food processing hub of the country. With 10 agro-climatic zones and land topography highly suitable for agriculture, Karnataka is one of the most agriculturally diverse states in India.

Textile

In Karnataka, the Textile Industry occupies a unique position in the economy of the state in terms of its contribution to industrial production, employment and exports. The textile sector contributes 0.50% of the GDP of the State. Karnataka under its Textile Policy of 2008-13 has planned to get investment worth Rs 9000 crore. Forty percent of such investments are planned to be directed towards the garment industry. The Karnataka government will establish fashion hubs and assist in market development and brand building.

Biotechnology

Karnataka has successfully attracted the BioTech industry. Bengaluru, Karnataka is the capital for Biotech clusters in the country. Bangalore currently houses 92 of India's 180 biotech companies, with total actual investments of over Rs 1,000 crore, of which Rs 140 crore has been venture capital funding. The companies are encouraged to invest thanks to the presence of large R&D institutions like Indian Institute of Science and the National Centre for Biological Resources.

Automobile

Auto industry is the second fastest growing sector in Karnataka, the automobile and auto component sector has maintained a 15 per cent growth in Karnataka. T