Separator

Karnataka Cements Top Exports With Rs.19.7 Lakh Crore Shipments

Separator

img

Karnataka Chief Minister DK Shivakumar praised the state’s economic achievements, noting that Karnataka’s “growth story” persistently establishes new standards, with exports increasing by 9.5 percent in the fiscal year 2025-26.

“Karnataka’s growth story continues to set new benchmarks. With exports growing by 9.5 percent in FY 2025-26, reaching nearly Rs.19.7 lakh crore, our state has retained its position as India’s leading software and services exporter while ranking among the country’s top merchandise exporting states,” Shivakumar posted on X.

Also Read: Adani Energy Solutions to Acquire IntelliSmart for Rs.3050 Crore

In a conversation with X, the Chief Minister emphasized that the state’s total exports have approached nearly Rs.19.7 lakh crore, reinforcing its position as a global economic center.

“From technology, biotechnology and electronics to manufacturing, aerospace, research and innovation, Karnataka’s strength lies in its dynamic economy, world-class talent and spirit of enterprise. Bengaluru continues to drive this momentum, while every region of the state contributes to Karnataka’s expanding global footprint,” he adds.

Highlighting the variety of the state's industrial scene, Shivakumar pointed out that Karnataka's power is rooted in its dominance across multiple sectors, from conventional manufacturing to advanced technology.

Also Read: BazaarNow Raises INR 72 Crore to Expand Quick Commerce

The CM reiterated the state government’s dedication to creating a business-friendly environment that promotes job creation, intending to preserve Karnataka’s position as a key contributor to the national economy.

“As Karnataka’s products, services and ideas reach markets across the world, our government remains committed to creating more opportunities for investment, industry, entrepreneurship and employment, further strengthening Karnataka’s position as a leading engine of India’s economic growth,” the post further read.

Karnataka's Chief Minister DK Shivakumar stated that welfare programs will proceed uninterrupted while rigorous verification protocols are being implemented to avoid misuse and fraud. Commenting on the execution of guarantee programs, Shivakumar stated that the Opposition's responsibility was to critique the government and that it would oppose even beneficial efforts.

Also Read: JSW Steel Crude Steel Production Rises 15 Percent to 22.93 LT

He mentioned that the government clearly recognized that the Opposition had “nothing constructive to provide” and emphasized that the administration was dedicated to implementing welfare programs efficiently. He stated that the state government was undertaking various initiatives that, in his opinion, prior administrations failed to carry out.

Concurrently, he observed that instances of abuse had emerged, such as situations where inaccurate images were uploaded, fraudulent phone numbers were utilized, or benefits were directed to unrelated bank accounts.

He stressed that the advantages of the programs should directly impact the entitled recipients.

 

Shivakumar explained that the guarantees are intended solely for the residents of Karnataka and not for recipients from other states. Mentioning initiatives like complimentary bus rides, he stated that eligibility should continue to be limited to residents and voters of Karnataka. He stated that the aim was to guarantee that public funds are used solely for the designated beneficiaries.

In Print




Most Viewed

From 'Volume' to 'Value': India Inc's Mantra to Capture the Global Pharmaceutical Market A Fight Back from Arabian Peninsula When will The Tech Industry’s Lay-off Season End? The Story of a Broken Trust Technology Key To Global Travel Recovery What To Keep In Mind When Selecting The Right Air Compressor For Replacement? The Best Way to Recover from Ransomware Attacks How Tensions Grew Worse between Elon Musk and Donald Trump New Markets, New Brands: Tailoring Success for Different Places Empowered Leadership in a Changing Legal World Four Key Steps For Healthcare Providers To Combat Ransomware Turning Vision into Value: How I Built Purposeful Digital Ecosystems in the UK Dave Thomas: A Role Model for Aspiring Entrepreneurs, Philanthropists Digital Analytics Products: How Organizations Choose Them Kelly Ortberg: The New Boeing CEO Who is Already on the Headlines India’s Military Alacrity for Modern Threats Reshma Saujani: Reshaping Social Attitudes Around Gender and Tech India is Manifesting Leadership in Drone Technology 5 Greatest Role Models in the Manufacturing Industry Creating a Stronger Ecosystem by Fixing the Nuts & Bolts of the Economy Microsoft for India: Making India for Future Ready India's UPI Launch in France Opens Gateway to Global Fintech Power Tim Cook Nears Retirement, Who Will Take Over Apple's Throne? Soil Based Microbial Fuel Cells Could Protect the Environment from Flammable Chemicals The mantra of Academic Collaboration Echoes on this Teachers’ Day Indian semiconductor Boom Has Abundant Room for SME-preneurs Indian Healthcare Ecosystem is Hosting a Multidimensional Paradigm Shift Being a True Republic: You Got to Love this New, Powerful India Qatar World Cup 2022 Might Be Over, But Arabian Peninsula’s Sports Dream is Just Beginning Reimagining the UK–India Partnership in a Changing Global Order These Schemes Will Facilitate Women Entrepreneurs Decarbonization & Sustainable Future: Technology & What it can Do?


🍪 Do you like Cookies?

We use cookies to ensure you get the best experience. Read more…