Here’s a short analysis of Karnataka’s economy:

Karnataka is one of India’s fastest-growing states with a GSDP of ₹28 lakh crore in 2024–25 and a growth rate of around 13.8%. The economy is driven by services (especially IT and software exports), contributing about 66% of its output.

Bengaluru is India’s tech capital, contributing nearly 40% of national IT exports.

Agriculture employs a large portion of the population but contributes only about 14% to GSDP. Key crops include coffee, ragi, and pulses, with a recent focus on agri-tech and sustainable farming.

Industry and manufacturing, especially in electronics, EVs, and aerospace, are growing in regions like Dharwad and Belagavi.

Challenges include regional disparities, with northern districts lagging behind the south, and urban infrastructure stress in Bengaluru.

The state aims to become a $1 trillion economy through MSME support, infrastructure upgrades, and industrial decentralization.