*Why so much of industrial and economic development has been witnessed in the state? Few reasons behind these are:

*Availability of the best human resource and trained technical personnel in Engineering and Management.

*Upgraded research facilities that have been originated in Central Government laboratories.

*Well developed transport facilities with well connected road, railway and air facilities.

*Superb communication facilities.

To promote the industrial development further, state government has developed many organizations and institutions. These maintain and support the private sector and its growth. Also it is the stunning efforts by the Directorate of Industries and Commerce that has led to the fantastic and unparallel industrial growth.

In order to have further growth, along with fiscal incentives and benefits, many other kinds of assistance in the form of water, power and land is also supplied by the Directorate. To assist small enterprises, the Technical Consultancy Services Organization is very active and do not miss any chance of helping the SMEs. In addition to all these Small Scale Industries Development Corporation, The Karnataka State Finance Corporation, Karnataka Electronics Corporation and Industrial Investment Development Corporation provides add on advantage of finance, raw material, sheds for the factory and equity funding.

 

Constant efforts from varied banking, industrial and trade organizations in Karnataka has further pushed the industrial and economic development in the state. There are 123 such associations that are affiliated to the Federation of Karnataka Chambers of Commerce and Industries (FKCCI), regarded as a parent body checking such developments.

 

Automobile, aeronautics, bio technology, plantation and software industry are few to name in the ocean of industries in the state. In addition to this, Karnataka is a manufacturing center of some big industries like National Aerospace Laboratories, Hindustan Aeronautics Limited, Indian Telephone Industries, Bharat Heavy Electricals Limited, Bharat Earth Movers Limited and Hindustan Machine Tools. These industries are located in Bangalore that is also regarded as a technical hub of the country with many multinational IT corporations. So much of business and its work transactions take place through Karnataka tenders. These tenders contained detailed information on all the requirements, bid procedure, submitting date and all.

Going further into the details of businesses, it has been seen that Mangalore no way lagging behind. It is a home to the big Mangalore Refinery and Petrochemicals Limited. To give it a further push battery charger tender are long awaited along with other such technical and business oriented tenders.

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