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Karnataka’s new industrial policy aims an investment of ₹7.5 lakh crore by 2030
BENGALURU : The Karnataka government has launched the Industrial Policy 2025-30, aiming to transform the state into a premier hub for high-tech manufacturing and economic growth. The policy, announced by Deputy Chief Minister D.K. Shivakumar at the Global Investors’ Meet ‘Invest Karnataka 2025’ in Bengaluru, sets an ambitious target of attracting investments worth Rs 7.5 lakh crore and generating 20 lakh jobs over the next five years.
The new industrial policy focuses on equitable and sustainable development, with a strong emphasis on expanding industrial growth beyond Bengaluru. The government has introduced a zoning strategy to ensure balanced development across various districts.
The policy outlines several priority sectors to drive economic expansion, including aerospace and defence, electronics, steel, cement, warehousing and logistics, textiles, future mobility, green hydrogen, industrial robotics, drones, medical technology, space technology, biotechnology, renewable energy, pharmaceuticals, automobiles, FMCG, and tourism.