Karnataka Markets and Industry 2010

FOR IMMEDIATE RELEASE
(Free-Press-Release.com) November 27, 2010 -- The latest market and business report on Karnataka state by Vijya Research & Advisory has stated that Karnataka’s geographic location, demographic set up, resource base, robust economy, growing income level and positive business climate makes Karnataka a favourable market and a preferred business destination in India.

The Report ‘Karnataka Markets and Industry 2010’ states that by the year 2015, an average person in Karnataka will earn Rs.33, 390 per year from the present level of Rs. 27,403. Karnataka accounts for 18 % of the total India’s GDP size. The gross domestic product of the state has grown 2.5 times between 2000-01 and 2008-09.
The Report by a premier market research firm based in India, has examined various facets of the business environment of Karnataka. It has found that the huge resource base in terms of natural resources, skilled and cost effective labour force, research and development support, robust infrastructure act as key factors in supporting the industrial base in the state. In last few years, Karnataka has emerged as the knowledge and technical capital of the country.

The Report by Vijya Research has also looked at rapid urbanisation in Karnataka where almost 34% of the state population lives in urban areas. Karnataka is presently ranked as the fifth most urbanized among all states. Bangalore, Mangalore, Mysore are key city centres of the state which have been experiencing high growth rate in economic and business activity.
About the Report: This report covers the demographic outline of the state, the nature and structure of its economy, the fastest growing sectors and the nature of consumer markets in the state. The government policies affecting the industry are also discussed in detail. Most importantly this report also covers the rare to find information on the key cities of the state. The report concludes with the summarised strengths and weakness of the state as a whole.
For further details please contact us at research@kapsole.com