‘Karnataka is India’s services export powerhouse, Bengaluru is the main engine’

‘Karnataka is India’s services export powerhouse, Bengaluru is the main engine’

News –

  • Bengaluru emerged as the leader in India’s service exports for 2024-25, contributing $78.64 billion, nearly 35% of the country’s total services exports.
  • As per Vishvehsvarayya-trade-promotion-centre-( VTPC) — Karnataka’s export facilitation arm, the State contributed 41% of India’s services exports in FY2021–22, valued at $254.4 billion,
  • Karnataka’s economy is profoundly services-driven. The Economic Survey of Karnataka records services at 68.1% of GSVA (2024–25), with Bengaluru Urban as the single largest contributor to GSDP.

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