K’taka IT exports jump 27% to Rs 3.2L cr, make for 42% of India’s total share

Thursday, 30 November 2023
Karnataka's IT exports surged 27% to Rs 3.2 lakh crore in 2022-23, accounting for 42% of India's IT exports. The Bengaluru Tech Summit showcased the state's 14,000 startups, 40 unicorns, and its position as a global innovation hub. Karnataka has become the top destination for global capability centres (GCCs), hosting around 40% of GCCs in India. The state has added 20 new GCCs every year since 2000. Additionally, Karnataka has a significant presence in sectors such as electronics design, machine tools manufacturing, aerospace & defence manufacturing, and biotechnology exports. The state government has also established a Skill Advisory Committee for emerging technologies to bridge the skill gaps in the tech talent pool.

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K’taka IT exports jump 27% to Rs 3.2L cr, make for 42% of India’s total share

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