The document summarizes the history and development of the Federation of Karnataka Chambers of Commerce & Industry (FKCCI). It discusses how FKCCI traces its origins back to the early 20th century when Sir M. Visvesvaraya established the Mysore Chamber of Commerce to promote economic development in the region. FKCCI was formally established in 1916 and has since grown to over 2500 members across various industries in Karnataka. It aims to promote sustainable socio-economic development in the state. The annual general meeting discussed in the passage was held in 2011 to discuss FKCCI activities and vision.
This document proposes strategies to promote growth in India's North Eastern Region. It discusses improving connectivity within the region and to the rest of India through expanding road and rail networks. This will promote trade, industries, tourism and jobs. Specific projects proposed include new highways, rail lines, bridges, airports and sea ports. Developing agriculture, hydropower, small and medium industries are also recommended along with establishing new universities and healthcare facilities. The overall goal is to end the region's isolation and put it on a path of accelerated and inclusive growth.
This document proposes strategies to promote inclusive growth in India's North-Eastern region by improving connectivity and developing infrastructure, industries, education, healthcare, agriculture, tourism and power generation. The key aspects of the strategy include improving road, rail and air connectivity within the region and with the rest of India; developing ports and waterways; establishing universities and healthcare facilities; boosting agriculture, industries and tourism; and increasing power generation including thermal, nuclear, hydroelectric, solar and wind sources. The overall goal is to reduce isolation, increase prosperity and put the region on the path of accelerated development.
DEMOGRAPHIC AND ECONOMIC STUDY OF MAHARASHTRAKunal Bhadane
DEMOGRAPHY
Demographic Trends in Maharashtra
Area
Population
Urbanization
ECONOMY
Composition of Maharashtra’s Economy
Agricultural Production Clusters
Agricultural Processing Cluster
TRANSPORT SECTOR
Road Transportation
Rail Transportation
Air Transportation
Maharashtra is the second most populous state in India, located in the western region. It has a population of over 112 million and contributes significantly to India's economy, accounting for 15% of industrial output and 13.3% of GDP. Maharashtra has a per capita income higher than the national average and is the wealthiest state in India. Key sectors driving the state's economy are industry and services, with Mumbai serving as the financial and commercial capital. While overall development indicators are positive, pockets of tribal poverty remain, especially in rural and forested districts.
The August-September 2015 edition of the CII's Multilateral Newsletter focuses on the economic integration of the South Asian Region. In addition, the newsletter also covers some of the key highlights and happenings at International Trade Centre (ITC), B20 Coalition, World Bank (WB), Asian Development Bank (ADB) and the World Trade Organization (WTO).
Assam has a strong economy, with its GSDP growing at a CAGR of 8.57% from 2005-06 to 2015-16. The state is the largest economy in Northeast India and is known for its large tea and petroleum industries. At current prices, Assam's GSDP was US$30.72 billion in 2015-16, with per capita GSDP of US$984.47. The state has adopted various investor-friendly policies and has potential for investment in sectors like agriculture, tourism, power and minerals.
- Assam has a strong economy, growing at a CAGR of 10.3% from 2011-12 to 2016-17, with a GSDP of US$ 34.08 billion in 2016-17.
- The state is the world's single largest tea growing area and accounts for over 50% of India's total tea production.
- Assam has adopted numerous investor-friendly policies to attract investments and accelerate industrial development. The state also has potential in sectors like tourism, agriculture, and oil and gas.
This document provides an overview of Assam, India. Some key points:
- Assam has a GDP of $30.5 billion in 2014-15 and GDP grew at 9% CAGR from 2004-05 to 2015-16.
- The state is the largest tea growing region in the world and accounts for over 50% of India's tea production.
- Tourism is an attractive industry as Assam has pleasant climate and scenic landscape, and is a popular tourist destination among northeastern states.
- The state has adopted various investor-friendly policies to attract investment and accelerate industrial development.
This document proposes strategies to promote growth in India's North Eastern Region. It discusses improving connectivity within the region and to the rest of India through expanding road and rail networks. This will promote trade, industries, tourism and jobs. Specific projects proposed include new highways, rail lines, bridges, airports and sea ports. Developing agriculture, hydropower, small and medium industries are also recommended along with establishing new universities and healthcare facilities. The overall goal is to end the region's isolation and put it on a path of accelerated and inclusive growth.
This document proposes strategies to promote inclusive growth in India's North-Eastern region by improving connectivity and developing infrastructure, industries, education, healthcare, agriculture, tourism and power generation. The key aspects of the strategy include improving road, rail and air connectivity within the region and with the rest of India; developing ports and waterways; establishing universities and healthcare facilities; boosting agriculture, industries and tourism; and increasing power generation including thermal, nuclear, hydroelectric, solar and wind sources. The overall goal is to reduce isolation, increase prosperity and put the region on the path of accelerated development.
DEMOGRAPHIC AND ECONOMIC STUDY OF MAHARASHTRAKunal Bhadane
DEMOGRAPHY
Demographic Trends in Maharashtra
Area
Population
Urbanization
ECONOMY
Composition of Maharashtra’s Economy
Agricultural Production Clusters
Agricultural Processing Cluster
TRANSPORT SECTOR
Road Transportation
Rail Transportation
Air Transportation
Maharashtra is the second most populous state in India, located in the western region. It has a population of over 112 million and contributes significantly to India's economy, accounting for 15% of industrial output and 13.3% of GDP. Maharashtra has a per capita income higher than the national average and is the wealthiest state in India. Key sectors driving the state's economy are industry and services, with Mumbai serving as the financial and commercial capital. While overall development indicators are positive, pockets of tribal poverty remain, especially in rural and forested districts.
The August-September 2015 edition of the CII's Multilateral Newsletter focuses on the economic integration of the South Asian Region. In addition, the newsletter also covers some of the key highlights and happenings at International Trade Centre (ITC), B20 Coalition, World Bank (WB), Asian Development Bank (ADB) and the World Trade Organization (WTO).
Assam has a strong economy, with its GSDP growing at a CAGR of 8.57% from 2005-06 to 2015-16. The state is the largest economy in Northeast India and is known for its large tea and petroleum industries. At current prices, Assam's GSDP was US$30.72 billion in 2015-16, with per capita GSDP of US$984.47. The state has adopted various investor-friendly policies and has potential for investment in sectors like agriculture, tourism, power and minerals.
- Assam has a strong economy, growing at a CAGR of 10.3% from 2011-12 to 2016-17, with a GSDP of US$ 34.08 billion in 2016-17.
- The state is the world's single largest tea growing area and accounts for over 50% of India's total tea production.
- Assam has adopted numerous investor-friendly policies to attract investments and accelerate industrial development. The state also has potential in sectors like tourism, agriculture, and oil and gas.
This document provides an overview of Assam, India. Some key points:
- Assam has a GDP of $30.5 billion in 2014-15 and GDP grew at 9% CAGR from 2004-05 to 2015-16.
- The state is the largest tea growing region in the world and accounts for over 50% of India's tea production.
- Tourism is an attractive industry as Assam has pleasant climate and scenic landscape, and is a popular tourist destination among northeastern states.
- The state has adopted various investor-friendly policies to attract investment and accelerate industrial development.
SFG - White Paper - Regional Talent Managementymcnulty
This document discusses Asian expatriates and their importance for companies operating in Asia. It notes that Asia is a diverse and dynamic region that is becoming a major global hub for trade. While Asia possesses significant economic potential, there are also talent shortages that companies face. The document argues that one way companies address these shortages is by leveraging Asian expatriates - individuals born in Asia with an understanding of Asian culture who relocate within the region. Asian expatriates can help companies better navigate cultural differences and adapt to new locations in Asia. Their background provides an advantage over Western expatriates in many Asian business environments.
Assam has a strong economy, with its GSDP growing at a CAGR of 11.78% from 2011-12 to 2016-17. The state is the single largest tea growing region in the world, accounting for over 50% of India's tea production. With its pleasant climate and scenery, Assam also has an attractive tourism industry. To promote industrial development, Assam has adopted investor-friendly policies like the North East Industrial Investment Promotion Policy and the Industrial Policy of Assam, which provide fiscal incentives and concessions.
China’s Belt and Road Initiative is both an opportunity and challenge for Central Asian
countries and the European Union. As an initiative announced in Astana, it may make Europe
closer to Asia through railway connections. Its scope, proposed infrastructural investments and
different connections and routes, additional initiatives and diplomacy suggest OBOR is in line
with the global Chinese strategy.
Rajasthan has experienced strong economic growth in recent years. The state's Gross State Domestic Product (GSDP) expanded at a compound annual growth rate (CAGR) of 11.6% between 2011-12 and 2017-18. Per capita GSDP and NSDP also increased substantially over this period. Rajasthan has a thriving tourism industry and is a leading producer of agricultural commodities. It also has significant potential in renewable energy generation. The state offers favorable policies and incentives to promote business growth.
Assam is the largest economy in Northeast India, with a GSDP of US$30.72 billion in 2015-16. The key sectors driving the economy are agriculture (rice, tea, pulses), petroleum and natural gas. Assam accounts for over 50% of India's tea production and is the world's largest tea growing region. The state is focusing on increasing agricultural growth, industrial development, infrastructure expansion and tourism promotion. It offers fiscal incentives and policies to attract investment across sectors like petroleum, infrastructure, IT and tourism.
This document discusses opportunities for economic development in northeast India. It analyzes constraints like inadequate infrastructure and fragmented land holdings that have hindered growth. Opportunities exist in agriculture, food processing, hydroelectric power, and attracting private investment through incentives. Comprehensive development will require social and economic empowerment of communities, partnerships between public/private sectors, and project management to facilitate implementation while enhancing livelihoods. Improving connectivity both within the region and to international markets through initiatives like the proposed India-Myanmar-Thailand highway can help unlock northeast India's economic potential.
Este documento presenta un experimento realizado por estudiantes para comprobar la ecuación de Bernoulli. El experimento involucró el uso de una manguera, vasos de precipitado y soportes universales para medir el caudal de agua y calcular la diferencia de presión. Los estudiantes midieron el tiempo que tardó el agua en llenar un volumen conocido para determinar la velocidad del flujo. Luego, usaron la ecuación de Bernoulli para calcular que la diferencia de presión era de aproximadamente 4.432 kPa. El experimento verificó con
This document discusses Lempel-Ziv source coding techniques for data compression. It describes LZ77 and LZ78, which are families of lossless data compression algorithms derived from the original LZ algorithms proposed in 1977 and 1978. LZ77 uses pointers to match repeated patterns, while LZ78 uses a dictionary. Variations include LZSS, LZH, LZB for LZ77, and LZW and LZFG for LZ78. The document analyzes the performance of these algorithms based on average bits per character. LZ78 variations generally perform better than LZ77 variations. In conclusion, Lempel and Ziv laid the foundation for most modern lossless compression algorithms.
"My Childhood" by Ashley M. Voss (age 8)ashleyvoss03
Ashley M. Voss was born on November 13, 1984 in labor that lasted 21 hours. She weighed 7 lbs and 5 oz and was named Ashley Marie by her parents. As a child, she enjoyed tap dancing, fishing, and dancing class. She had some trouble adjusting when her brother Justin was born. In kindergarten, her teacher was Miss Purtell, and she enjoyed school. The document provides an autobiographical summary of the author's childhood through short anecdotes and photos.
Ramo Bolic -Avid Volunteer & Award Winning Marketing LeaderRamo Bolic
Ramo Bolic is an avid volunteer and award winning marketing leader from Bayonne, NJ. Right from organizing galas and charity events to raise funds, contacting clients for donation to using his PR and Business development background for these causes, Remo Bolic actively participates in volunteering. Professionally, Ramo Bolic has worked as the Director of International Business Development for Avighna Global Solutions. He also has a strong understanding in sales, marketing, public relations and brand strategy.
This document proposes a method for measuring the area of a brain tumor affected region using MRI image processing in MATLAB. The algorithm involves preprocessing the MRI image, detecting the tumor boundaries using edge detection, allowing the user to select the tumor region, and calculating the number of pixels and corresponding real-world area of the selected region. Calibration is required to convert pixels to real units based on an image of a known length scale. The method allows semi-automatic measurement of the tumor area.
This document provides an introduction to Rurik Nackerud, an educator who encourages unconventional approaches to learning and teaching. Some key points:
- Rurik encourages students to address them casually using nicknames like "Mx. Bow Tie" rather than formal titles, in an effort to democratize education.
- Rurik's teaching philosophy is heavily influenced by constructivism and believes in excruciatingly constructive learning experiences for students.
- There are different types of constructivism including trivial, radical, social, cultural, and constructionism. Rurik provides examples of activities aimed at different constructivist approaches.
- As an example, Rurik had
The document discusses several issues with the current global system including rising organized violence, wealth disparity, poverty, and environmental degradation. It argues that the system has been manipulated over time to serve elite interests and control the means of production. The extreme form of capitalism in recent decades has led to a debt-based system rather than free markets. This has negative consequences like job losses. Terrorism is driven by deprivation of resources and destruction of livelihoods. The clash of civilizations will be a major source of conflict. Real reforms are needed in financial systems and addressing injustice to reduce terrorism. An individual cannot change the whole system but dedicating oneself to a cause and gaining self-knowledge is important.
The document provides tips and resources for Moodle beginners. It lists helpful keyboard shortcuts, free online image editing tools, sources for finding pictures under open licenses, sketching and paper apps, formatting and organizing content tips, and where to go for Moodle help or to connect with the presenter on social media. The overall presentation aims to give new Moodle users useful information and tools to get started with the platform.
Este documento apresenta um resumo da vida e circunstâncias da publicação das Institutas de João Calvino. Calvino era um jovem estudante de direito que escreveu um discurso defendendo ideias reformadas, o que causou um escândalo na Universidade de Paris. Isso o forçou a fugir e se refugiar em Angoulême, onde teve uma conversão repentina ao protestantismo. Foi lá que ele decidiu redigir sua profissão de fé, resultando nas Institutas, com o objetivo de defender os reformados fr
Techniques for an educative use of InternetRaúl Reinoso
This document discusses techniques for guiding students in educational internet searches. It recommends using structured strategies like webquests, miniquests and treasure hunts to help students focus their time searching for information online. Webquests involve dividing students into groups, giving them a motivating topic and specific tasks to complete through online research, like creating an essay or presentation. Miniquests are shorter webquests with only an introduction, tasks and summary. Treasure hunts provide students with questions and direct links to find the answers. These strategies help students have a more educative experience searching for information online rather than getting lost browsing aimlessly.
SFG - White Paper - Regional Talent Managementymcnulty
This document discusses Asian expatriates and their importance for companies operating in Asia. It notes that Asia is a diverse and dynamic region that is becoming a major global hub for trade. While Asia possesses significant economic potential, there are also talent shortages that companies face. The document argues that one way companies address these shortages is by leveraging Asian expatriates - individuals born in Asia with an understanding of Asian culture who relocate within the region. Asian expatriates can help companies better navigate cultural differences and adapt to new locations in Asia. Their background provides an advantage over Western expatriates in many Asian business environments.
Assam has a strong economy, with its GSDP growing at a CAGR of 11.78% from 2011-12 to 2016-17. The state is the single largest tea growing region in the world, accounting for over 50% of India's tea production. With its pleasant climate and scenery, Assam also has an attractive tourism industry. To promote industrial development, Assam has adopted investor-friendly policies like the North East Industrial Investment Promotion Policy and the Industrial Policy of Assam, which provide fiscal incentives and concessions.
China’s Belt and Road Initiative is both an opportunity and challenge for Central Asian
countries and the European Union. As an initiative announced in Astana, it may make Europe
closer to Asia through railway connections. Its scope, proposed infrastructural investments and
different connections and routes, additional initiatives and diplomacy suggest OBOR is in line
with the global Chinese strategy.
Rajasthan has experienced strong economic growth in recent years. The state's Gross State Domestic Product (GSDP) expanded at a compound annual growth rate (CAGR) of 11.6% between 2011-12 and 2017-18. Per capita GSDP and NSDP also increased substantially over this period. Rajasthan has a thriving tourism industry and is a leading producer of agricultural commodities. It also has significant potential in renewable energy generation. The state offers favorable policies and incentives to promote business growth.
Assam is the largest economy in Northeast India, with a GSDP of US$30.72 billion in 2015-16. The key sectors driving the economy are agriculture (rice, tea, pulses), petroleum and natural gas. Assam accounts for over 50% of India's tea production and is the world's largest tea growing region. The state is focusing on increasing agricultural growth, industrial development, infrastructure expansion and tourism promotion. It offers fiscal incentives and policies to attract investment across sectors like petroleum, infrastructure, IT and tourism.
This document discusses opportunities for economic development in northeast India. It analyzes constraints like inadequate infrastructure and fragmented land holdings that have hindered growth. Opportunities exist in agriculture, food processing, hydroelectric power, and attracting private investment through incentives. Comprehensive development will require social and economic empowerment of communities, partnerships between public/private sectors, and project management to facilitate implementation while enhancing livelihoods. Improving connectivity both within the region and to international markets through initiatives like the proposed India-Myanmar-Thailand highway can help unlock northeast India's economic potential.
Este documento presenta un experimento realizado por estudiantes para comprobar la ecuación de Bernoulli. El experimento involucró el uso de una manguera, vasos de precipitado y soportes universales para medir el caudal de agua y calcular la diferencia de presión. Los estudiantes midieron el tiempo que tardó el agua en llenar un volumen conocido para determinar la velocidad del flujo. Luego, usaron la ecuación de Bernoulli para calcular que la diferencia de presión era de aproximadamente 4.432 kPa. El experimento verificó con
This document discusses Lempel-Ziv source coding techniques for data compression. It describes LZ77 and LZ78, which are families of lossless data compression algorithms derived from the original LZ algorithms proposed in 1977 and 1978. LZ77 uses pointers to match repeated patterns, while LZ78 uses a dictionary. Variations include LZSS, LZH, LZB for LZ77, and LZW and LZFG for LZ78. The document analyzes the performance of these algorithms based on average bits per character. LZ78 variations generally perform better than LZ77 variations. In conclusion, Lempel and Ziv laid the foundation for most modern lossless compression algorithms.
"My Childhood" by Ashley M. Voss (age 8)ashleyvoss03
Ashley M. Voss was born on November 13, 1984 in labor that lasted 21 hours. She weighed 7 lbs and 5 oz and was named Ashley Marie by her parents. As a child, she enjoyed tap dancing, fishing, and dancing class. She had some trouble adjusting when her brother Justin was born. In kindergarten, her teacher was Miss Purtell, and she enjoyed school. The document provides an autobiographical summary of the author's childhood through short anecdotes and photos.
Ramo Bolic -Avid Volunteer & Award Winning Marketing LeaderRamo Bolic
Ramo Bolic is an avid volunteer and award winning marketing leader from Bayonne, NJ. Right from organizing galas and charity events to raise funds, contacting clients for donation to using his PR and Business development background for these causes, Remo Bolic actively participates in volunteering. Professionally, Ramo Bolic has worked as the Director of International Business Development for Avighna Global Solutions. He also has a strong understanding in sales, marketing, public relations and brand strategy.
This document proposes a method for measuring the area of a brain tumor affected region using MRI image processing in MATLAB. The algorithm involves preprocessing the MRI image, detecting the tumor boundaries using edge detection, allowing the user to select the tumor region, and calculating the number of pixels and corresponding real-world area of the selected region. Calibration is required to convert pixels to real units based on an image of a known length scale. The method allows semi-automatic measurement of the tumor area.
This document provides an introduction to Rurik Nackerud, an educator who encourages unconventional approaches to learning and teaching. Some key points:
- Rurik encourages students to address them casually using nicknames like "Mx. Bow Tie" rather than formal titles, in an effort to democratize education.
- Rurik's teaching philosophy is heavily influenced by constructivism and believes in excruciatingly constructive learning experiences for students.
- There are different types of constructivism including trivial, radical, social, cultural, and constructionism. Rurik provides examples of activities aimed at different constructivist approaches.
- As an example, Rurik had
The document discusses several issues with the current global system including rising organized violence, wealth disparity, poverty, and environmental degradation. It argues that the system has been manipulated over time to serve elite interests and control the means of production. The extreme form of capitalism in recent decades has led to a debt-based system rather than free markets. This has negative consequences like job losses. Terrorism is driven by deprivation of resources and destruction of livelihoods. The clash of civilizations will be a major source of conflict. Real reforms are needed in financial systems and addressing injustice to reduce terrorism. An individual cannot change the whole system but dedicating oneself to a cause and gaining self-knowledge is important.
The document provides tips and resources for Moodle beginners. It lists helpful keyboard shortcuts, free online image editing tools, sources for finding pictures under open licenses, sketching and paper apps, formatting and organizing content tips, and where to go for Moodle help or to connect with the presenter on social media. The overall presentation aims to give new Moodle users useful information and tools to get started with the platform.
Este documento apresenta um resumo da vida e circunstâncias da publicação das Institutas de João Calvino. Calvino era um jovem estudante de direito que escreveu um discurso defendendo ideias reformadas, o que causou um escândalo na Universidade de Paris. Isso o forçou a fugir e se refugiar em Angoulême, onde teve uma conversão repentina ao protestantismo. Foi lá que ele decidiu redigir sua profissão de fé, resultando nas Institutas, com o objetivo de defender os reformados fr
Techniques for an educative use of InternetRaúl Reinoso
This document discusses techniques for guiding students in educational internet searches. It recommends using structured strategies like webquests, miniquests and treasure hunts to help students focus their time searching for information online. Webquests involve dividing students into groups, giving them a motivating topic and specific tasks to complete through online research, like creating an essay or presentation. Miniquests are shorter webquests with only an introduction, tasks and summary. Treasure hunts provide students with questions and direct links to find the answers. These strategies help students have a more educative experience searching for information online rather than getting lost browsing aimlessly.
Following the successful hosting of the UK South India Business Meet, UK Karnataka Business Meet, UK Kerala Business Meet and various other state Business Meets at the Houses of Parliament over the years, BSICC is organising the UK South India Business Meet 2014 on 10th July 2014 at Houses of Parliament, Westminster, London, chaired by Mr Virendra Sharma MP, Patron of BSICC .The audience will include representatives from Karnataka, Kerala, Andhra Pradesh, Telangana, Tamil Nadu & Pondicherry, and Members of House of Lords & House of Commons, representatives from UK companies and Indian companies who are interested in South India and businessmen from South India who are successful in UK.
Karnataka has experienced strong economic growth in recent years, with its GSDP growing at a CAGR of 13.59% between 2005-06 and 2015-16. It is a major hub for the IT and biotechnology industries, and exports from these sectors contribute significantly to its economy. The state has a large skilled workforce as well as vibrant manufacturing and agricultural sectors. Karnataka aims to further develop its infrastructure, tourism, and renewable energy to continue its economic expansion outlined in its Vision 2020 plan.
Karnataka is a state in southern India with a gross state domestic product (GSDP) of about US$ 158 billion in 2015-2016. The state has experienced strong economic growth of 13.59% CAGR between 2005-2006 and 2015-2016, driven by its vibrant services and industrial sectors. Karnataka is a major hub for information technology and home to Bengaluru, known as the "Silicon Valley of India". The state aims to further develop its knowledge-based industries, infrastructure, tourism, and agriculture under its Vision 2020 plan to promote inclusive economic growth.
Karnataka has a strong economy, growing at a CAGR of 13.59% between 2005-06 and 2015-16. It is a major hub for the IT and biotechnology industries, and exports from these sectors contribute significantly to the state's economy. The state has a large skilled workforce as well as strong infrastructure to support business growth. Karnataka aims to further develop its industries, tourism, education, and infrastructure by 2020 to maintain its position as a preferred investment destination in India.
Kerala has a high literacy rate and sex ratio. The state receives large foreign remittances and has a strong services sector focused on tourism and IT/ITeS. However, the document also notes opportunities for improving agriculture, industry, infrastructure, and healthcare. The state aims to increase tourism arrivals and the share of manufacturing in the economy by 2030 under its Kerala Vision 2030 plan.
Kerala has a highly literate population and strong tourism sector. The document provides an overview of Kerala's economy and development vision. It summarizes that Kerala has the highest literacy rate in India, a robust tourism industry driven by its natural beauty and cultural diversity, and receives the largest amount of foreign remittances of any Indian state. The state aims to increase manufacturing contribution to the economy and establish itself as a global education hub by 2030.
Cooperative Movements in Karnataka Society Structure and Growthijtsrd
Cooperatives in India are playing an active role in the fields of banking. The cooperative movement has been till now limited to agriculture and its allied sectors. The new aim of India is to increase farmers' income by 2022 where 65 of population is dependent on agriculture. In rural areas, there are many landless and agriculture as occupation. Co operative Movement in Karnataka has originated from the co operative experience all over the world. Different types of co operatives developed in different countries of the world and are adopted India and Karnataka. The Cooperative Societies can be defined as an autonomous association of persons united voluntarily to meet their common economic, social, and cultural needs and aspirations through a jointly owned and democratically controlled enterprise. This study aims at the cooperative movements in Karnataka and In this paper We shall also discuss about the cooperative societies structure and growth on the basis of share capital. Mahesh Kumar M ""Cooperative Movements in Karnataka: Society Structure and Growth"" Published in International Journal of Trend in Scientific Research and Development (ijtsrd), ISSN: 2456-6470, Volume-3 | Issue-4 , June 2019, URL: https://www.ijtsrd.com/papers/ijtsrd23736.pdf
Paper URL: https://www.ijtsrd.com/management/accounting-and-finance/23736/cooperative-movements-in-karnataka-society-structure-and-growth/mahesh-kumar-m
The Indian Railways hailed as the world's largest railway network, is pivotal to India's economic scenario, handling over 22 million passengers and significant freight daily across 68,000 km of track. Indian railway system connects diverse regions, enhancing national unity and accessibility, and drives economic growth by boosting GDP, enhancing trade, and supporting mass mobility. As a major employer, the railways of India provide stability to over a million workers. Key efforts include modernizing infrastructure, introducing high-speed trains, and improving safety and efficiency, which collectively bolster economic prospects and industry competitiveness. For more info on the Indian railway system, visit https://www.ibef.org/industry/indian-railways
Kerala has a high literacy rate and sex ratio. It is known for its natural beauty and cultural diversity that attract many tourists. The state receives large foreign remittances and has a strong agricultural sector with crops like rubber, pepper, and coconut. Kerala aims to further develop its industries, infrastructure, education, and healthcare by 2030 as outlined in its vision plan. It has a well-educated population and ranks high on investment climate indexes.
The document provides an overview of the Indian state of Kerala. Some key points:
- Kerala has a high literacy rate and sex ratio compared to other Indian states. It also receives the largest amount of foreign remittances in India.
- The state has a diverse culture and successful tourism sector that attract visitors from around the world. It also has a strong agricultural base and is the largest producer of crops like rubber, pepper, and coconut.
- Kerala aims to further develop sectors like agriculture, industry, education and healthcare by 2030 as outlined in its Vision 2030 plan. The state sees potential for growth in tourism, knowledge-based industries and manufacturing.
Tamil Nadu has a diversified economy with strong growth in GSDP and per capita income. The state has a large industrial base and manufacturing sector. It also has a thriving services sector such as IT/ITeS. Tamil Nadu aims to further boost its infrastructure like roads, ports and education to attract more investment as part of its Vision 2023 plan.
This document provides an overview of key facts about the Indian state of Odisha. It discusses Odisha's population, literacy rates, climate, industries, resources, infrastructure, policies, and political scenario. Some of the highlights include:
- Odisha has a population of over 41 million with a literacy rate of 73%.
- The state has significant mineral resources like chromite, nickel ore, graphite, bauxite, iron ore, manganese, and coal.
- Key industries include metals and mining, agriculture, cement, IT, and tourism.
- Infrastructure policies aim to improve roads, ports, electricity, and telecommunications.
- The state follows a single window clearance system to
This document provides an overview of the portfolio handbook for Sai Sanjeevani Hospital. It includes sections on their work, mission, volunteers, hospital services, special guests, and inspiration. Special guests included executives from KSK who visited to understand operations and discuss future support. Their inspiration comes from Ganesha, who represents higher knowledge and intelligence according to Bhagwan Sri Sathya Sai Baba. The handbook highlights the hospital's services and commitment to serving patients in line with Sai Baba's teachings.
The document provides information about the Indian state of Kerala. Some key details include:
- Kerala has a high literacy rate and sex ratio compared to other Indian states. It also receives the largest amount of foreign remittances in the country.
- The state has a diverse culture and successful tourism sector that attracts visitors to experience its natural beauty. It also has strong agriculture, seafood, and coconut industries.
- Kerala aims to further develop its economy and sectors like manufacturing, healthcare, education, and renewable energy as outlined in its 2030 vision plan. The state offers fiscal incentives and has invested in infrastructure to attract businesses.
- It has a knowledge-based industry cluster and the first international shipping
The document discusses various proposals to develop the economy and infrastructure of North East India by strengthening connectivity and trade with Myanmar and other Southeast Asian countries. It outlines infrastructure projects like the India-Myanmar-Thailand-Cambodia Quadrilateral Highway and the Kaladan Multimodal Transit Transport Project that would improve road and sea links. Developing tourism, agriculture, industries and improving domestic factors like education, healthcare and governance are also highlighted as important for the region's growth. Challenges in implementation like political instability, lack of monitoring and opposition are noted.
_Tracing the Evolution_ A Historical Journey of Logistics in India.pdfTQSLogistics
The history of logistics in India is intertwined with the country's rich heritage and its role as a global trading hub. From ancient times to the modern era, logistics has played a pivotal role in facilitating trade, connecting regions, and driving economic growth. In this blog post, we will take a historical journey to explore the evolution of logistics, from its early beginnings to the present day.
The document provides information on the Indian state of Karnataka. Some key points:
- Karnataka has a GDP of $156 billion in 2015-16 and is a major hub for the IT industry, hosting 47 IT/ITeS zones. The state also has vibrant manufacturing sectors like automobiles, biotech, and aerospace.
- The state aims to further develop its knowledge infrastructure, tourism, and renewable energy sectors. Its Vision 2020 plan focuses on improving social amenities, education, infrastructure, and empowering women.
- Karnataka accounts for 7% of India's FDI and is the 4th largest recipient of investments. Its economy has grown at an average of 13.9% annually between
Tracing the Evolution. A Historical Journey of Logistics in India.pdfTQSLogistics
From ancient times to the modern era, logistics has played a pivotal role in facilitating trade, connecting regions, and driving economic growth. In this blog post, we will take a historical journey to explore the evolution of logistics in India, from its early beginnings to the present day.
The "History of Business in India" provides a comprehensive overview of India's business history. It covers ancient trade routes, the Mauryan Empire, medieval guilds and markets, the Mughal era, British colonial rule, independence and industrialization, the Green Revolution, economic liberalization, the IT boom, services sector expansion, manufacturing and industrial growth, the start-up ecosystem, infrastructure development, retail and consumer market transformation, financial sector and banking development, international trade and foreign investments, sustainable development and renewable energy, and the future outlook. The presentation highlights India's entrepreneurial spirit, economic milestones, and potential for continued success in the global business arena.
The document discusses the North East Connectivity Summit (NECS) which aims to improve connectivity in North East India and catalyze economic growth. It notes that while the region is rich in resources, its connectivity to other parts of India and neighboring countries has been inadequate, hindering development. Over four editions, NECS has highlighted strategic opportunities and various government initiatives have addressed recommendations from past summits. The 2018 summit in Tawang will focus on tourism connectivity, leveraging the region's cultural heritage and biodiversity to strengthen people-to-people ties.
1. O
n 24 June 2011, the ninety fourth
AGM (Annual General Meeting)
of the Federation of Karnataka
Chambers of Commerce & Industry (FKCCI)
was held in Bangalore. The chamber has a
vision to strive for the overall sustainable
socio-economic development of India with
specific focus on Karnataka.
The genesis of Karnataka Chambers
of Commerce can be traced back to the
early twentieth century, when the (then)
princely state of Mysore was endowed
with a progressive ruler, and bevy of
economic visionaries, who together
were determined to create conducive
environment for economic growth and
development of the state.
Sir M. Visvesvaraya was the architect
of Mysore Chamber of Commerce, the
precursor of the Federation of Karnataka
Chambers of Commerce & Industry,
which was established on 08 May 1916
in Bangalore. Sir M. Visvesvaraya was
educated in Civil Engineering and served the
(then) Bombay Province. His contributions
to the State of Mysore were immense. In
the year 1911, on the advice of Sir M.
Visvesvaraya, the State’s Economic Council
was constituted to advise the ruler on
the steps to be taken for the economic
development of the State, which was first
in British ruled India.
On the advice of the Economic Council,
industrialization in the State was taken
up as an alternative to agriculture. To
facilitate easy credit to the industries,
Sir M. Visvesvaraya established a banking
institution – now the State Bank of Mysore
– in the year 1913. Consequent on the
development of Trade and Industry, to
provide the services to the Trade and
Industry, he founded the Chamber of
Commerce, named as Mysore Chamber
of Commerce.
The Mysore Chamber of Commerce
had a membership of 151 in 1917, and
was headed by the cream of trade and
industry. The Chamber’s first President
was Mr. W.C. Rose, who was also M.D.
of Mysore Bank. Today, FKCCI has direct
membership of over 2500, drawn from all
sectors of trade, commerce and industry
spread all over the State, including
Associations and District Chambers of
Commerce and Industry numbering 140;
thereby reaching more than one lakh
members indirectly.
The institution is managed by Managing
Committee consisting of the President, Sr.
Vice-President, Vice-President, Immediate
Past President and 48 Elected Members.
Past Presidents are ex-officio members.
It is supported by the Secretariat headed
by Secretary General, who looks after
the implementation of the policies and
day-to-day administration. To make the
Chamber more vibrant, Sub-Committees
have been constituted in different
areas covering Commerce, Trade and
Industry, Infrastructure and other related
sectors, which are of importance for the
development of trade and industry. The
Sub-Committees functions under the
guidance of Chairman, and deliberates
on the issues related to the sector and
comes out with solutions to be taken with
respective authorities for implementation.
Government, recognizing FKCCI’s role in
building the economy, has nominated it as
a Member in many committees. Currently
FKCCI is represented in 36 Committees of
both the State and Central Governments.
The Federation of Karnataka Chambers
of Commerce & Industry has the vision to
‘Strive for Overall Sustainable Socio-
Economic Development of India’ with
special focus on Karnataka.
FKCCI: Creating Prosperity with Sustainability
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2. F
or the avid traveller, there is nothing
better than a whirlwind tour of
the state of Karnataka to fulfil his
wanderlust. It is a state that is truly
blessed – where ancient fortress and
ageless monuments meet pulsating
modernity and unbridled urbanisation. It is
where verdant greenery and breathtaking
wildlife make way for the roar and tumult
of concrete jungles. It is only in Karnataka
that the gush of waterfalls and romance
of idyllic hill stations coexist with the
sheer magnetism of adventure sports and
the dynamism of arts and culture. It is
truly an awe-inspiring experience that
gives one the inimitable ability to travel
with effortless ease from the hallowed
precincts of a timeless temple to the
swanky environs of the IT Park.
The Genesis of the Modern State
India’s eighth largest state in terms of
geographical area has always been a leader
in the field of industrialisation. Karnataka
took its first cautious steps towards
growth and development under the reign
of the Wodeyars, the rulers of Mysore.
The presence of able administrators,
like Rangacharlu, Sheshadri Iyer, Sir M.
Visvesvaraya and Sir Mirza Ismail, often
hailed as pioneers, helped usher an era
of development as the state progressed
in its trajectory. It was Sheshadri Iyer
who led the construction of Asia’s first
hydro-electric works in Shivanasamudra.
The legendary Sir M Visvesvaraya, who
coined the phrase ‘Industrialise or perish’
was regarded as the father of planning
not only in Mysore, but also in India. In
his quest for progress and prosperity, he
spearheaded many projects that helped
trace the contours of an industrialised
state, which included the establishment
of the Mysore Economic Conference,
the Mysore Bank, Mysore University,
Mysore Economic Journal, the Chamber
of Commerce, Chamarajendra Technical
Institute, the Mechanical Engineering
School, Modern Hindu Hotel, Mysore-
Arasikere railway line, Chickabalapur
rail link, Sandal Oil factory, Silk factory,
Agricultural school, Kannada Sahitya
Parishad and Century Club. He is also
credited with the construction of the
Krishnaraja Sagar Dam and Bhadravati
Iron Ore Factory. It was Sir Visvesvaraya’s
tremendous thought, singular foresight
and astute planning that helped the state
of Karnataka mature from an agricultural
economy to a crucible of modern political
thought and action and steady economic
growth and development. He was awarded
the Bharat Ratna in 1955 in recognition
of his inestimable contribution to the
country.
Successive state governments built
up on this strong foundation created by
Sir Visvesvaraya. The implementation
of a pro-public sector policy witnessed
the industrial revolution traverse the
geography of the state. Many high-profile
public sector enterprises like, BEML,
BHEL, HAL, Wheel & Axle plant, BEL and
ITI, made Bangalore their home.
At the Forefront of Industrial
Growth
Karnataka’s industrial growth has been
spurred by several inherent advantages.
These include a massive resource
base in terms of natural resources,
and a highly educated, skilled and
cost effective labour force, which also
includes a technical manpower trained
in Engineering, Management and Basic
Sciences at universities, general and
specialised colleges, polytechnics and
technical training institutes and premier
institutes of higher learning; access to
world-class Research and Development
Karnataka
Where Diversity Rules
By Yamini Chowdhury
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3. facilities, originating from the presence
of several central government laboratories
and research institutions; an extensive
network of rivers that facilitates
irrigation and power generation for
sustaining agriculture; a 320 km long
coastline that promotes the growth of
the marine industry; robust infrastructure
and excellent communication facilities
characterised by rail, road and port
accessibility.
It is a combination of these strong
fundamentalsthathaspropelledthegrowth
of both the primary and secondary sectors
in the state. While the primary sector
has grown at an average of 3.6 percent
in the past eight years, the secondary
sector has witnessed exponential growth
of 11 percent during the same period. In a
mineral rich state that boasts of a wealth
of resources ranging from iron-ore and
granite to limestone and gold, the mining
sector has ratcheted up an impressive
annual average growth rate of 14 percent,
while construction activity has increased
by 13 percent.
According to a McKinsey Survey Report
conducted on behalf of the Confederation
of Indian Industry in 2011, the rate
of growth of the state’s GDP between
2005 and 2010 was 8.7 percent, which
was the same as the national average.
Karnataka enjoys the position of the fifth
most urbanised state in India, where 34
percent of the population resides in urban
areas. According to Karnataka Markets
and Industry 2010, by the year 2015, the
annual income of an average citizen in the
state is expected to be Rs 33,390.
India’s Knowledge and
Technical Capital
Though the industrial growth of the
state has been a puissant tale, it is the
rising global clout of Karnataka in the
field of Information Technology that has
received widespread acknowledgement
and appreciation. In a matter of just
10 years, the state has emerged as the
knowledge and technical capital of
the country. This dramatic growth has
provided the much-desired impetus to
the services sector in the state, which has
witnessed a 9 percent growth rate in the
past eight years. While financial services
have increased by 14 percent annually,
the transport and communication sector
rose at 13 percent per annum, trade,
hotels and restaurants have developed
at 9.8 percent and the real estate sector
witnessed growth in the range of 8-9
percent. Today, Karnataka, owing to the
presence of IT majors like Infosys, Wipro
and TCS, has emerged as the leading
software exporter of the country, with
an impressive export figure of Rs 70,375
Karnataka’s industrial
growth has been spurred
by several inherent
advantages. These include
a massive resource
base in terms of natural
resources, and a highly
educated, skilled and cost
effective labour force,
which also includes a
technical manpower
trained in Engineering
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4. crore in the financial year 2009-10, which
accounted for 40 percent of the country’s
total exports. Buoyed by a growth rate of
28 percent, the state is all set to develop
into the country’s global services centre
by the year 2020.
The Country’s Premier
Investment Destination
The fact that the state attracted
foreign direct investment (FDI) amounting
to Rs 9143 crore during 2008-09 and
further attracted RS 4852 crore during
2009-10 proves that Karnataka, impelled
by far-reaching and comprehensive
economic policies and a competitive
edge in attracting foreign and private
investments, is one of the most sought-
after destinations for FDI, particularly
in sunrise sectors like Information
and Communication Technology (ICT)
and Bio-technology. According to the
Economic Survey of Karnataka 2010-11,
“Availability of skilled manpower, best
corporate management and practices
for global competitiveness, dynamism
in the development and application of
modern engineering technologies, and
good governance measures have been
the driving factors for enormous growth
of high-tech industries and inflow of
domestic and foreign investment in the
State. These were seen especially in
the information technology, electronics
and communications, machine tools,
engineering, automobiles, auto-
components, food processing, agriculture,
readymade garments, pharmaceuticals,
and aero-space.”
Unearthing the Tourism
Potential
Given Karnataka’s incontestably
significant historical and cultural legacy,
it is no surprise that the tourism industry
has grown by leaps and bounds. The
comprehensive tourism policy of the
state, comprising incentives, concessions
and subsidies for the development of
tourist infrastructure through private
investment, resulted in a 16 percent
increase in tourists flow between 2005
and 2009. In addition to the increase in
the number of visitors, the integrated
development of the tourism sector is
expected to bring in Rs 25,000 crores of
private investment and generate 41 lakh
employment opportunities within the
state in the next five years.
Ageless heritage sites, overwhelming
landscapes, amazing flora and fauna, a
cosmic coastline, immaculate beaches,
a rich and vibrant cultural heritage and
a technological harbinger – is there any
other state in the country that celebrates
diversity the way Karnataka does? It is only
here that diversity rules within the unity
and harmony of its people.
Bangalore - The Capital in all
Respects
At the heart of this meteoric rise
of the state as a knowledge hub, is
the phenomenal growth of its capital,
Bangalore. From a pensioner’s paradise
to the commanding heights of one of the
top four technological clusters in the
world, Bangalore has indeed come a long
way. Apart from earning the sobriquet of
Silicon Valley of India and IT Hub of Asia,
Bangalore is also regarded as the Biotech
capital of the country, considering its
ability to attract the maximum amount of
venture capital funding for biotechnology.
The city is also proud to be home to
the largest biotechnology cluster in
the country. A vibrant metropolis and a
hub for IT-BT companies, Bangalore has
refashioned itself as a global city of the
21st century that has lent untarnishable
brand equity to its name.
A vibrant metropolis and a
hub for IT-BT companies,
Bangalore has refashioned
itself as a global city of the
21st century that has lent
untarnishable brand equity
to its name
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5. KARNATAKA
The Making of Every Investors
Dream Destination
“Karnataka’s capital Bangalore is a brand the world identifies India with. It is also the single biggest
reason why India has become such a hot investment destination.”
- Dr. Manmohan Singh
T
he Honourable Prime Minister of India
heads the list of supporters that have
openly acknowledged Karnataka as
the ‘state of action’. The state’s de
jure recognition as the ‘Knowledge Hub
of Asia’ would seem formulaic, almost
unencumbered, to many, considering
the abundance of natural resources and
a wealth of talent melded perfectly
with unflagging entrepreneurial zeal in
innovation and research and proactive
Government policies. There is wide spread
appreciation of the fact that Karnataka’s
stellar rise as the second most favoured
investment destination in India, after
Gujarat, has been scripted predominately
by the phenomenal growth of knowledge-
based sectors, namely Information
Technology and Bio Technology. However,
the support provided by emerging sectors,
like tourism and food technology, has
propelled the holistic growth of state
economy and its phenomenal rise to great
heights in the global calculus.
Even though the state has witnessed
rapid, inimitable growth across variegated
knowledge based sectors, each district of
the state is characterised by a unique and
vibrant set of investment opportunities,
an attribute that has impelled over 700
MNC’s to converge on the state. The
unique set of strengths and opportunities
offered by Karnataka can be gauged from
the fact that one new global company
makes Karnataka its base in India and
a new industrial unit is approved every
week.
Priya Bhattacharjee, SeniorAssistant
Director FICCI Karnataka State Council,
lists out the several reasons that have
enabled Karnataka to emerge as the
fastest growing state in the country.
Karnataka’s phenomenal
growth is exemplified by a
series of facts and figures.
The state contributes 8
percent to India’s industrial
income and 9.8 percent to
India’s product exports.
More than a third of the
country’s software exports
emanate from the state
By Yamini Chowdhury
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6. “Strong economic growth, progressive
policies, rich natural resources, leadership
in coffee, raw silk, sandalwood, and
floriculture production, reputation as
a progressive state, strong position in
new high-technology industries such as
information technology and biotechnology,
availability of trained manpower, wide
network of educational institutions,
generally peaceful environment and
communal amity, are some of factors that
have accelerated the growth rate”.
She further states, “Karnataka’s
undisputed leadership in knowledge-
intensive industries since independence,
first in manufacturing, and now in services,
has enabled it to emerge as a leader in new,
promising knowledge-intensive industries,
while at the same time, consolidating the
state’s position in existing industries”.
“The aspiration of the state to be a
global education and research hub with
one of the strongest bases of education
and research institutions in the country,
has accelerated the rate of growth”, Ms
Bhattacharjee concludes.
The IT Revolution and Beyond
The role played by IT in bringing about
balanced growth has been invaluable.
The software industry in Karnataka,
recognised as one of the top 5 technology
clusters of the world, has become one of
the main pillars of the Indian economy.
Karnataka stands first among all the states
of India in terms of revenue generated
from software exports, which exceeded
$15.6 billion in the year 2009-2010.
With the IT department planning an IT
investment region, valued at $20 billion,
on 10,000 acres of land near the Bangalore
International Airport, this revolution is
only expected to get bigger and better.
V. Venugopal, Managing Director,
Karnataka Udyog Mitra, the single contact
point for all investors in the state,
firmly believes, “The country’s global
capabilities in Information Technology had
their first beginnings in Karnataka, which
today accounts for more than 40 percent
of the total software services exports
from India―earning it the sobriquet of
the ‘Silicon Valley of India’. The state of
Karnataka, recognized as amongst the
fastest growing states within the Indian
federal structure, has also pioneered the
bio technological revolution, with more
than 50 percent of biotech companies in
Karnataka.” He further adds, “We have
been successful in attracting very huge
investments in iron & steel and cement
sector.”
It is an opinion that is also endorsed
by industry leaders like Aravind Melligeri,
CEO and Founder of QuEST Global, the
force behind India’s first aerospace
precision engineering and manufacturing
SEZ, who avers, “In addition to the
continued support to the IT and ITES
industry through better infrastructure
and convincing them to move to tier-2
and tier-3 cities, high value added
manufacturing, such as automotive and
aerospace, and the generation of more
value added products from iron ore and
steel have ensured strong and sustainable
growth for the state.”
There is definitely more to the
Karnataka growth story than just the
emancipatory IT revolution. Apart from
fostering the globally-recognised Silicon
Valley of India in Bangalore, the state has
also provided the perfect environment for
the growth and development of industries
like aerospace, biotechnology, heavy
construction machinery and equipment,
sericulture and floriculture, all of which
have provided the propulsive momentum
to fuel the high rate of growth in India’s
eight largest state.
Priya Bhattacharya believes, “The
state has a strong industrial base with
large public sector undertakings as well
as large and medium private enterprises
along with small-scale units. The state
has proven its strength in wide spectrum
of sectors from hi-tech industries to
village and cottage industries. Some
of the cottage industries like textile
(handloom, garments), sericulture,
handicrafts, and incense stick (agarbatti)
industry have done well in terms of their
export potential and share in the domestic
market.”
From the research and education
perspective too, Karnataka takes top
honours. Dr. P. Anandan, Distinguished
Scientist and Managing Director, Microsoft
Research India opines, “Karnataka has a
long tradition of research and advanced
studies- this is borne out by the number
of research labs both in the government
and private sector, as well as institutions
of advanced studies such as IISc, IIIT
Bangalore and the National Institute for
Advanced Studies. There are also a number
of leading educational institutions in areas
The software industry in Karnataka, recognised as
one of the top 5 technology clusters of the world, has
become one of the main pillars of the Indian economy.
Karnataka stands first among all the states of India
in terms of revenue generated from software exports,
which exceeded $15.6 billion in the year 2009-2010
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7. such as engineering, law and management
studies. All these have contributed to
Karnataka being seen as one of the leading
states in India for quality education and
research, which certainly has a positive
effect on the economic growth and
development of the state.”
Factual Assessment of India’s
Fastest Growing State
Karnataka’s phenomenal growth
is exemplified by a series of facts and
figures. The state contributes 8 percent to
India’s industrial income and 9.8 percent
to India’s product exports. More than a
third of the country’s software exports
emanate from the state. The state boasts
of the second-largest iron ore reserves, is
also the third largest steel producer and
the only primary gold producing source
in India.
Karnataka’s robust economic
performance is often attributed to
the state’s strong industrial base and
vibrant service sector. The might of
the economically ascendant state can
be determined by its contribution of 5
percent to the national income. Further,
the impressive growth has ensured the rise
of the per capita income to levels higher
than the national average.
The services sector, buoyed by the rapid
strides made by the software industry, has
emerged as the engine fuelling the growth
of the state. In addition to being the first
state to establish a full-fledged IT Park
in 1991, Karnataka leads the way in bio
technology and nanotechnology, and has
the unique distinction of being the first
state to privatise higher education in
India. Its emergence as a hub for medical
tourism is inevitable, considering it is
home to the highest number of medical
colleges in the country.
In terms of agricultural activity,
the state pitches in with a notable
performance. The state, which is one
of the largest producers of fruits and
vegetables in the country, takes pride in
its second position in floriculture and milk
production. It has the largest area under
horticulture, which has enabled Karnataka
to rise to the third position in terms of
production. 70 percent of India’s coffee
is produced in the state. It also leads the
way in sericulture in the country.
Its well-diversified manufacturing
sector is composed of engineering,
chemicals, electrical, automobile, textile,
aeronautics and food processing industries
that have boosted industrial growth from
6.2 percent per annum in the 90’s to a
healthy 8.9 percent every year in this
millennium.
New Sunrise Sectors on the
Horizon
Even though the IT and ITES sectors,
in tandem with bio technology, have
propelled the state historically, there are
several sectors that holds tremendous
promise. V. Venugopal believes, “There
are many other sectors like aerospace,
automobiles and medical tourism whose
potential is yet untapped.”
According to Aravind Melligeri,
“Manufacturing, especially in aerospace,
is yet to reach the potential. Karnataka
has decades of aerospace investment by
the Central Government through DRDO
labs and HAL, but it has been focused on
selling to armed forces. With India opening
up for imports in aerospace and defence,
the opportunity has unfolded to public
sector and private sectors to invest and
achieve exports, apart from supporting
requirements of the Armed Forces.”
“QuEST has been an early mover to
establish engineering services in the
aerospace sector and then, to invest to
setup SEZ focused to build an Aerospace
Manufacturing Ecosystem. Aerospace
industry cycles are long and investment
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8. returns can be seen over decades.
Organizations who understand the sector
have committed significant capital and
I would expect Karnataka to receive a
$1billion investment by 2015 in aerospace
manufacturing,” observes Melligeri.
“Keeping in mind the complexities of
this particular industry, the government
has created an exclusive industrial area
“Availability of resources - both human and natural, availability of infrastructure
and the support of the Government are the key elements which drive growth. The
State Government has been giving emphasis for infrastructure development and
initiatives like creation of land bank have been taken up. It is our constant endeavor
to make our State investor friendly and the Government has been bringing many
enabling policies across various sectors of industry.”
V. Venugopal, Managing Director, Karnataka Udyog Mitra
“Karnataka is today among the country’s most successful tourism destination.
With a viable tourism product in almost every sphere one can think of, tourism is
certain to spur the state’s success in the years to come. We have some of the best
tourist attractions India has to offer.”
Vishwanath Reddy, Director Karnataka Tourism
“If provided with the right level of focused investment and support, Karnataka
has the unique opportunity in the country to create immense value to the businesses
and state. Organizations that understand the aerospace sector have committed
significant capital and I would expect Karnataka to receive $1billion investment by
2015 in Aerospace manufacturing.”
Aravind Melligeri, Chairman and Co-Founder, QuEST Global
“Karnataka takes pride in having a strong and expanding infrastructure base,
which is further augmented by strong focus of policy makers to promote development
of supporting agri-infrastructure especially through initiatives such as crop cluster
development, food parks, agri-economic zones and agri-SEZs among other.”
Priya Bhattacharjee, Senior Assistant Director, FICCI Karnataka State
Council
“The state is blessed with abundance of natural beauty and this, needs to be
conserved. It is a factor that pulls a lot of tourists into the state into areas like Coorg
and the wildlife areas.
Loveleen Arun, Vice President, Karnataka Tourism Forum
“The presence of research labs both in the government and private sector, as
well as institutions of advanced studies such as IISc, IIIT Bangalore and the National
Institute for Advanced Studies and number of leading educational institutions in areas
such as engineering, law and management studies, have contributed to Karnataka
being seen as one of the leading states in India for quality education and research,
which certainly has a positive effect on the economic growth and development of
the state.”
Dr. P. Anandan, Managing Director, Microsoft Research India
EXPERT SPEAK
for aerospace industries near Bangalore
International Airport, which would
facilitate companies to set up MRO
facilities,” asserts Venugopal.
A FICCI-Yes Bank study indicates that
Karnataka offers immense investment
potential for private players to exploit
its food processing sector. FICCI’s
Assistant Director, Priya Bhattacharjee
explains, “Extremely positive demand
trends combined with strong production
strengths, excellent infrastructure and
favourable policy environment have
resulted in remarkable acceleration of
investor interest to tap the potential
that Karnataka offers to stakeholders in
the food processing industry. An analysis
of the strengths and weaknesses of the
processed food value chain in the state
brings out two clear investment spaces.
The first is the opportunity to tap the
strong supply strengths that Karnataka
offers, particularly in fruits, vegetables,
spices, plantation crops and certain
cereals. Second is to capture opportunities
that emerge due to inefficiencies and
infrastructure gaps in upstream activities
of the value chain.” She further asserts,
“Karnataka boasts of specific supply
strengths giving the state a comparative
advantage to become the food processing
hub of the country. With as many as ten
agro climatic zones and land topography
highly suitable for agriculture, Karnataka
is one of the most agriculturally diverse
states in India. It is estimated that about
83 per cent of the geographic area of
the state is suitable for agriculture.
Consequently, Karnataka is the largest
producer of ragi, sunflower, tomato,
coffee and arecanut; second largest
producer of maize, safflower, grapes,
pomegranate and onion and the third
largest producer of spices in the country.
In addition, the state has a wealth of
livestock population and marine resources
that auger well for processing of dairy,
meat, fish and shrimp.”
Vishwanath Reddy, Director Karnataka
Tourism maintains, “Tourism is the one
where the true potential has not been
realised still. We have some of the best
tourist attractions India has to offer, be it
heritage, culture, folklore and festivals,
beaches, waterfalls and wildlife. There
is a tremendous gap in terms of demand
and supply as the state grows in stature
and there is increase in awareness
levels. Tourism has immense potential in
contributing to the economy – in terms
of employment, revenues from tourist
arrivals, economic benefits to local
communities and capital investment – that
propel overall economic development.
Though things are gradually improving,
it will take much more time before the
sector reaches its potential. The impact
is so strong that it has the potential to
become the state’s largest economic
activity”
He also believes, “For the industry
to take off in the coastal regions, it is
important for good infrastructure for
tourists come up. CEZz might just help
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THE EXTRAORDINARY AND PLENIPOTENTIARY DIPLOMATIST-PLUS • JULY 2011 43
9. the industry by ensuring controlled
development and also alleviate the
teething issues associated with CRZs”.
Loveleen Arun, Vice-President,
Karnataka Tourism Forum concurs, “The
State government has already taken a
pro-active stance to improve tourism in
the state. Apart from substantially raising
the budget for the sector, it has worked
along with trade to market the state in
various national and international forums
and trade fairs. Its marketing promotional
material has been winning awards for the
last 3 years”.
“However, asserts Arun, “there
is still substantial work to be done
internally which will deliver the promise
given to the tourists. The Tourism
Department needs to focus on fostering
good infrastructure in the state through
strategic private partnerships, ensuring
last mile connectivity to the interiors as
well as good air connectivity to spots like
Hampi. There is a dire need for trained
tourism personnel and the department
must focus on this. The state is blessed
with abundance of natural beauty which
needs to be conserved. It is a factor that
pulls a lot of tourists into areas like Coorg
and the wildlife areas. There should be
proper guidelines for resorts and tourism
activities that are coming up in these
areas.”
Investor-Friendly Government
Policy 2009-2014
The Industrial Policy 2009-2014, hailed
as progressive and pragmatic, has managed
to win the plaudits of the corporate world.
V Venugopal, Managing Director, KUM
reiterates, “I feel availability of human
and natural resources, availability of
infrastructure and the support of the
Government are key elements which drive
growth. The state Government, in the
new Industrial Policy, has emphasized on
infrastructure development, and hence,
initiatives like creation of the land bank,
by the acquisition of more than 3,000
acres in each district by the Karnataka
Industries Areas Development Board
(KIADB) for the purpose of industrial
development, have received approval.
The Suvarna Karnataka Development
Corridor programme aims to connect most
of the Tier II cities through a network of
highways, with cluster development in
designated zones. The programme also
envisages the development of industrial
clusters, townships, satellite towns and
sector-specific industrial zones in an area
of 25 km on both sides of the corridor.”
“The policy also aims at reducing
regional imbalances and acknowledges the
immense contribution of the employment
intensive MSME sector. It offers more
incentives to industries set up in backward
regions. Some of the incentives offered
to the MSME sector include investment
promotion subsidy, exemption from stamp
duty, concessional registration charges,
waiver of conversion fine, exemption
from entry tax, etc. Many mega projects
are coming up in backward regions due to
the availability of resources locally. These
industries are triggering the establishment
of large number of downstream industries,
thus accelerating growth in backward
regions. It is our constant endeavour
to make our state investor friendly and
the Government has introduced many
enabling policies across various sectors of
industry,” concludes Venugopal.
Articulates Priya Bhattacharjee,
“The Karnataka State Government
has taken up numerous initiatives to
support and promote development of
the food processing industry. While the
Industrial Policy (2009-2014) of the state
is also strongly focused on providing
numerous fiscal incentives so as to
attract investment in the manufacturing
the food processing industry. Some key
interventions taken up by the Ministry of
Food Processing Industry include schemes
for infrastructure development, technology
upgradation and modernization, backward
and forward integration and schemes for
quality assurance and quality control.”
There is no ambiguity about the
fact that Karnataka enjoys a positive
perception as an investment destination in
the minds of investors and entrepreneurs.
But, as Priya Bhattacharjee points out,
there are several areas that demand the
immediate attention of the government
when it comes to supporting growth of
industry in a sustained manner. “The
first,” she asserts, “relates to issues that
have emerged given the pace of growth
of industry in the state in the last few
years. These along with certain important
factors like quality infrastructure, regular
availability of power, availability of
skilled manpower etc. are areas that
the Government will have to look into
if it wants the industry in Karnataka to
flourish and compete with the best in the
world.” “The second set of issues relates
sector, the Industrial Promotion Policy for
Agro-Food Processing Industries (2003)
focuses specifically on the development
of the food processing industry. Besides
the numerous fiscal incentives that the
policy provides for, some of the key
action steps include development of
food and spice parks, establishment
of agri-export zones, development of
human resource and market development
activities. The state Government has
also identified grape processing as a
focus area and has formulated the
Karnataka Grape Processing and Wine
Policy (2007), which declares wineries
as a Horticulture and Food Processing
Industry and provides numerous subsidies
and incentives to promote setting up of
wineries in the state. In addition to the
efforts put in by the state Government,
the central Government has also been
strongly promoting the development of
to policy interventions that are needed to
broad base industrial growth in the state
and particularly strengthen industrial
activities being carried out in the northern
districts,” she maintains
“Above all, there is a strong desire
among people of the state to live in
their natural traditional locations
and communities and have economic
opportunities closer to home. This
means that the state needs to have
good infrastructure so that economic
activities are better distributed across
the state. Power, roads (and other forms
of transportation), water and sewerage
need to be available at a reasonable
level across the state,” concludes, Priya
Bhattacharjee.
Only then will the state of Karnataka
gain its rightful place as a dream
destination in the hearts and minds of its
own people.
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