Karnataka is steadily establishing itself as a world manufacturing hub, with important investments and rising recognition throughout industries.
Just lately, Volvo Group reportedly made a landmark ₹1,400 crore funding to increase its Hosakote manufacturing facility close to Bengaluru. This growth is poised to generate 2,000 direct jobs and enhance manufacturing capability to twenty,000 items per yr.
Such initiatives aren’t solely contributing to the state’s financial progress but additionally reaffirming its function as a key participant in India’s manufacturing ambitions.
This concentrate on manufacturing was a central theme at Make investments Karnataka 2025, which concluded final week. Business leaders from world gamers like Wipro GE Healthcare, Bosch Restricted, Hitachi Power, Toyota Kirloskar Motor, and others highlighted the very important function Karnataka performs in supporting the Make in India imaginative and prescient.
Hitachi Power Scaling Up Manufacturing Globally
“There are new insurance policies, particularly across the new manufacturing mission, border commerce web, and export promotion mission. These will considerably profit the manufacturing sector,” N Venu, managing director and CEO of Hitachi Power India and South Asia, stated.
Venu identified the necessity for much more formidable motion to attain these targets. “We have to do no less than two to 3 occasions greater than what we’re at present doing. If we proceed as we’re, we’ll by no means obtain these targets. This requires a powerful concentrate on the manufacturing ecosystem, clusterisation, and supportive insurance policies.”
He went on to commend the central and state governments for his or her efforts in creating sturdy ecosystems that gas the manufacturing sector’s progress.
Venu additional highlighted Karnataka’s spectacular renewable vitality achievements, with 60% of the state’s put in capability coming from renewables.
Karnataka additionally attracts the second-highest overseas direct funding (FDI) in India and is dwelling to over 750 multinational companies, offering direct employment to 12 lakh professionals.
“Karnataka accounts for over 6% of India’s complete exports and 42% of the nation’s IT exports,” Venu emphasised, underscoring why many world firms, together with Hitachi Power, have chosen Karnataka for his or her operations.
Hitachi Power, a pacesetter within the world vitality transition, has had a long-standing presence in Karnataka. “Now we have been in India for 75 years, with three manufacturing places in Karnataka alone—producing 80% of our world portfolio domestically. About 25% of what we make is exported to Asia, the Center East, North America, and Europe,” Venu shared.
He additionally highlighted Hitachi Power’s important contribution to Karnataka’s vitality system by initiatives like SCADA methods, which monitor 1000’s of substations within the state. The corporate helps key amenities like the most important steel-integrated plant and knowledge centres and has even contributed to the event of town’s Namma Metro.
Moreover, Venu famous, “We’re increasing our Mysore manufacturing facility and our world aggressive centre in Bengaluru, reflecting our long-term funding in Karnataka.”
The corporate can be working to advertise range. It’s partaking with tier-2 and tier-3 universities in Karnataka to encourage extra ladies to pursue careers in engineering, which is important for the long run manufacturing workforce.
Wipro GE Healthcare Exports from Karnataka
Including to the dialog, Chaitanya Sarawate, president and CEO of GE Healthcare South Asia and managing director of Wipro GE Healthcare, talked about three fundamentals that held true when the corporate started and stay so even as we speak. “The primary is the extraordinary human expertise current in India,” Sarawate defined.
The second, he stated, was “the dynamism throughout Bengaluru, which was simply as evident in 1990 as it’s as we speak. It’s a metropolis stuffed with individuals keen to start out new companies and launch progressive startups”.
He stated the third was India’s giant inhabitants, which continues to drive rising demand for healthcare, claiming it as a reality that has remained unchanged from 1990 to 2025.
For the previous 35 years, Wipro GE Healthcare has been on the forefront of innovation and manufacturing in India, with a world outlook. “We had been the primary to determine a big expertise centre in Whitefield, using over 2,500 direct workers and one other 2,500 oblique workers,” Sarawate famous.
“This makes it the most important R&D facility for GE Healthcare globally, the place we file over 100 patents yearly, contributing to improvements like AI, additive manufacturing, and automation embedded in merchandise utilized in hospitals worldwide.”
Along with their technological developments, GE Healthcare’s 4 manufacturing vegetation in Whitefield, Bengaluru, have produced the primary CT and PET-CT scanners manufactured in India.
“Now we have additionally participated within the authorities’s production-linked incentive scheme, organising a brand new plant in 2020,” Sarawate shared. This dedication extends past India’s healthcare system, as GE Healthcare additionally provides merchandise to the worldwide market.
“It’s humbling to understand that many households throughout the globe have been handled utilizing merchandise developed proper right here in Karnataka.”Thus far, GE Healthcare has invested ₹32,000 crore in Karnataka, and Sarawate revealed plans to take a position an extra ₹8,000 crore over the following 5 years. “ It will generate additional employment, enhance healthcare, and assist construct a society the place healthcare has no limits, each in India and globally,” he affirmed.
The submit Is Karnataka Poised to Be the Subsequent International Manufacturing Large? appeared first on Analytics India Journal.
