Karnataka
has probably been one of the better industrialised states from the
days of Independence. Though much of the industrial activity was centred
around Bangalore, other centres too, have picked up to keep pace with
the times. Industrial relations too are good here and together with
the benefits offered to the employees, productivity levels have been
maintained. There has not been much industrial unrest and the industries
are making progress.
Well
known and reputed magazines like "NEWSWEEK" and "BUSINESS WEEK -
USA Publication" have pointed out Bangalore as being one of the
10 global hotspots for high-tech industries. The fact that this
city has been placed among some of the most progressive cities in
the world, certainly speaks volumes about its potential.
Bangalore has premier industries in areas like aircraft, earthmoving
equipment (BEML), watches (HMT, Titan and Timex), garments
(Van Heusen, Louis Phillippe, Allen Solly, etc), machine tools,
DRDOs, rail coaches, silk, handicrafts,etc., to name a few. In fact,
Hospet is a steel centre in the country - Jindal, Kalyani,
Kirloskar and Mukand are some of the steel companies who have made
their base here. Iron ore is available in plenty and is exported. The Silicon Valley of
India
In
recent years, Karnataka has emerged as the computer capital and centre
for high-tech industries, especially in the areas of computer hardware,
software, electronics, instrumentation, telecommunication, etc.
Bangalore has come to be known as the Silicon Valley of India. The
dynamic industrial policy declared in 1996, with comprehensive packages
of incentives and concessions, has ensured a productive ground for
various industries. The hardware and software industries have now
brought about a revolution of sorts under these schemes.
Multinational giants like Motorola, Siemens, Texas Instruments, IBM,
Hewlett Packard and a host of other leaders from all over the world
have found a happy home for their ventures here. Home companies like
Infosys, TCS, Wipro and others too are performing well. High quality
work at a much lower cost of production, excellent engineers and relevant
expertise and state-of-the-art technology, supported by a proactive
government have widened the software market.
Karnataka's software industry is a major contributor to the country's
resources and export figures. The number of software units have grown
phenomenally in the state and Bangalore in particular.
There are a number of well-equipped industrial and research centres
that make such rapid growth possible. The Central Power Research Institute,
National Aeronautical Laboratory, Indian Institute of Science to name
a few along with the well equipped industrial centres like the Electronic
City and the $208 million International Technology Park, together
with the state's best resources have made Bangalore a leader in Information
Technology.
11:29:15 PM 
Karnataka
has probably been one of the better industrialised states from the
days of Independence. Though much of the industrial activity was centred
around Bangalore, other centres too, have picked up to keep pace with
the times. Industrial relations too are good here and together with
the benefits offered to the employees, productivity levels have been
maintained. There has not been much industrial unrest and the industries
are making progress.
Well
known and reputed magazines like "NEWSWEEK" and "BUSINESS WEEK -
USA Publication" have pointed out Bangalore as being one of the
10 global hotspots for high-tech industries. The fact that this
city has been placed among some of the most progressive cities in
the world, certainly speaks volumes about its potential. 
