Karnataka achieves 53% of its annual revenue goal and ranks 2nd in FDI, focusing on infrastructure projects for economic growth.
Karnataka, India, has demonstrated strong fiscal performance in the first seven months of 2024-25, generating ₹1,03,689 crore in revenue, 53% of its annual goal. The state has risen to second place in Foreign Direct Investment, attracting $2.2 billion. With an 11.2% year-on-year growth rate, Karnataka focuses on capital expenditure and plans ₹16,750 crore in infrastructure projects with international financial institutions to enhance economic growth and attract private investment.
October 30, 2024
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