Ease of Doing Business: Karnataka​

  • October 5, 2023
  • Rx Propellant
  • Reports

Karnataka, a leading investment destination in India, has emerged as a powerhouse in the life sciences sector. The state’s dominance is evident in its contribution to India’s biotechnology industry, housing a substantial 60% of biotech companies and 54% of the sector’s workforce. Karnataka’s robust infrastructure, including transportation, logistics, and industrial corridors, provides a conducive environment for business growth. The state government has implemented policies that promote ease of doing business, such as single-window clearances and various incentives. With significant ongoing investments in life sciences, Karnataka’s bio-economy is poised to reach a remarkable $50 billion by 2025.​

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