Bangalore is growing at 10.3% per year, and this economic growth makes it the second-fastest-growing metropolis in the country.
Online PR News – 30-July-2019 – Pune, Maharashtra – According to Meticulous Business Plan's latest research report, we have found that Karnataka is contributing 12.5% Capita share in the country's total GDP out of which Bangalore holds a major share in the state's GDP and this major contribution is driven by industrial sectors like IT/SEZ, chemicals and pharmaceuticals, research centers and machine tools, etc. The capital of Karnataka has an estimated GDP of $110 billion for the year 2020. Also, Bangalore contributes more than 35% of India's IT services.
Bangalore is growing at 10.3% per year, and this economic growth makes it the second-fastest-growing metropolis in the country. The city is the country's fourth-largest market for FMCG and third-largest hub for high net worth individuals. It is also having the fourth-highest share of Foreign Development Investment in the country. Apart from technology, Bangalore is also a hub for horticultural business and biotechnology.
Though the city has existing IT/ITES, textile, manufacturing, pharma, chemical and food industries, etc. still there are so many business opportunities present in Bangalore which have potential growth.
The business opportunities presented and analyzed in this report are based on the data we have collected from primary and secondary data.
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