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Business
Karnataka Aims for ₹7.5 Lakh Crore Investment and 2 Million Jobs by 2030
✍️ Asianet Newsable
🗓 13 Nov 2026, 11:32 AM
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The Karnataka government has set an ambitious goal to attract ₹7.5 lakh crore of investment and generate 20 lakh jobs by the end of the decade.
Bengaluru, Nov 13 — Karnataka has announced a long‑term economic roadmap that seeks to pull in about ₹7.5 lakh crore of fresh investment by 2030. The plan is paired with a target of creating roughly 20 lakh new jobs across the state within the same period.
State officials say the investment drive will focus on high‑growth sectors such as information technology, advanced manufacturing, renewable energy and infrastructure. By offering policy incentives, streamlined approvals and skill‑development programmes, the government hopes to make the state more attractive to both domestic and foreign investors.
If achieved, the targets would significantly boost Karnataka’s contribution to India’s GDP and help address the state's unemployment challenge, especially among the youth. The roadmap will be monitored through quarterly reviews to ensure that the projected capital inflows translate into tangible employment opportunities.
The announcement comes as Karnataka continues to position itself as a leading hub for technology and innovation, building on its existing industrial base and the presence of major multinational firms in Bengaluru.
State officials say the investment drive will focus on high‑growth sectors such as information technology, advanced manufacturing, renewable energy and infrastructure. By offering policy incentives, streamlined approvals and skill‑development programmes, the government hopes to make the state more attractive to both domestic and foreign investors.
If achieved, the targets would significantly boost Karnataka’s contribution to India’s GDP and help address the state's unemployment challenge, especially among the youth. The roadmap will be monitored through quarterly reviews to ensure that the projected capital inflows translate into tangible employment opportunities.
The announcement comes as Karnataka continues to position itself as a leading hub for technology and innovation, building on its existing industrial base and the presence of major multinational firms in Bengaluru.