Karnataka targets Rs 5.50L-cr IT exports

Bengaluru: Karnataka's IT exports are expected to cross Rs5.50 lakh crore this year, state IT and BT Minister Priyank Kharge told the Assembly on Wednesday. Responding to a question from BJP MLA Vedavyas Kamat, Kharge said: "Talking about the IT-BT potential in Karnataka, in 2022-23, our IT-BT exports were Rs3.55 lakh crore. In 2023-24, it rose to Rs4.09 lakh crore, and last year, in 2024-25, it increased to Rs4.58 lakh crore. This year, March 31 is the closing date. I am 100 per cent confident that we will cross Rs 5.50 lakh crore this year."

"Out of this Rs5.50 lakh crore, Mysuru city contributes IT exports of around Rs3,000 crore, while Mangaluru and the coastal region contribute around Rs3,500 crore. Belagavi and Hubballi together contribute between Rs2,000 crore and Rs2,500 crore in IT exports. The rest is coming from Bengaluru city."