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Investments in India: Toyota and Volvo's plans in Karnataka
Clean Mobility Policy 2025-2030 and Invest Karnataka 2025
2025/08/27
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Summary
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Automotive industry in Karnataka state
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Clean Mobility Policy 2025-2030
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Invest Karnataka 2025 - Global Investors Meet (GIM)
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Automotive OEMs
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Auto component suppliers
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Other notable agreements
Summary
Karnataka is one of the biggest industrial states in India. The state is a leader in technology, R&D, and industrial sectors such as IT, aerospace, biotechnology, and automotive manufacturing. Karnataka is also a rising hub for automotive and electric mobility industries. The Karnataka Clean Mobility Policy 2025-2030 aims to make it Asia's top destination for clean mobility.
To attract investment and industrial growth of the state, the state government organized the Invest Karnataka 2025 – Global Investors Meet. It secured over INR 10.27 trillion in investment commitments, with a strong focus on manufacturing, automotive, EV, aerospace, and advanced technology sectors. The event also saw a good participation of Japanese automotive companies.
The report covers Karnataka's economy, its growth in technology, automotive, and electric mobility sectors. It also highlights the Clean Mobility Policy 2025-2030 and major investments from the Invest Karnataka 2025 event.
Profile of Karnataka state
Karnataka is a state located in the southwestern part of India. Its state capital is Bengaluru. The state has one of the highest numbers of engineering colleges, Industrial Training Institutes (ITIs), and polytechnic institutions in India. The State is India's largest software exporter, with electronic and computer software exports. The state is also home to many unicorn start-ups.
Karnataka has the highest share of India's R&D centers and is a global leader in tech innovation. It specializes in areas like chip design, data analysis, aerospace, and mobile devices. The state hosts over 400 MNCs with global R&D centers.
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