Economy of Bangalore - Other Industries

Other Industries

Bangalore accounts for 70% of all rose exports from India and leads in floriculture business. Karuturi Global Limited located in Bangalore is world's largest grower of cut roses.

Some of the other major companies headquartered in Bangalore are:Canara Bank, United Breweries Group, GMR Group, and Idiom Design and Consulting.

A majority of the 3500 crore silk industry in India is headquartered in Karnataka State, particularly in the North Bangalore regions of KOLAR, Muddenahalli, Kanivenarayanapura, and Doddaballapura the upcoming sites of a 70 crore "Silk City". Muddenahalli-Kanivenarayanapura, in the outskirts of Bangalore, are the sites of the upcoming Sri Sathya Sai Baba University and College of Medicine, Indian Institute of Technology Muddenahalli, and 600 crore Visvesvaraya Institute of Advanced Technology. Devanahalli is set to be the site of a 9500 crore Devonahalli Business Park, near the Bangalore International Airport. These developments are set to contribute significantly to Bangalore's economy by creating jobs, expanding educational opportunities, and spurring infrastructure.

Read more about this topic:  Economy Of Bangalore

Famous quotes containing the word industries:

    All industries are brought under the control of such people [film producers] by Capitalism. If the capitalists let themselves be seduced from their pursuit of profits to the enchantments of art, they would be bankrupt before they knew where they were. You cannot combine the pursuit of money with the pursuit of art.
    George Bernard Shaw (1856–1950)