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Andhra Pradesh
Chhattisgarh
Gujarat
Haryana
Himachal Pradesh
Jammu & Kashmir
Karnataka
Kerala
Maharashtra
Punjab
Rajasthan
Tamil Nadu
Uttaranchal
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Foreign Direct Investment
Indian Economy: An Overview
 
Banking
Information Technology
IT enabled Services
Retail
 
 
  Karnataka is India's eighth-largest state, both in terms of area and population. Situated on the west coast of India, it is surrounded by Maharashtra, Goa, Andhra Pradesh, Tamil Nadu and Kerala and opens out to the Arabian Sea. The state is endowed with rich natural resources. It is best known as India’s IT powerhouse or the Silicon State of India.
 

Foreign Direct Investment

The state has been proactive in encouraging private participation in various sectors. Karnataka is the fourth largest recipient of FDI in the country. In 2004, it attracted FDI to the tune of US$ 5.4 billion for 160 projects. Investor friendly policies have spurred the growth of MNCs in various sectors in the state.
 

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