Auto, Auto Components & Electric Vehicles

Karnataka is home to 7 major OEMs and more than 50 auto    component manufacturers 

Automotive is one of the focus sector identified in the Industrial Policy 2014–19. 

Karnataka has a huge local market with more than 14 million registered vehicles in the state and connectivity to four of the top five  automobile markets in the country

Karnataka is the forerunner in three automobile segments - two- wheelers, commercial and passenger vehicles

Highlights
Bengaluru retains second position after Delhi with most vehicle on roads
First to launch electric vehicle policy in India
India's first public electric vehicle charging station launched in Bengaluru

Growth Drivers

400

R & D Centres

100%

Stamp Duty to be exempted for both, MSMEs and Large, Mega, Ultra and Super Mega industries under EV Policy

8.5%

Karnataka's contribution to the national output in the Automobile sector

4th

Largest automobile producing state in India

Key Players

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