Karnataka's GSDP growth reaches 10.2% in FY 2023-24, outperforming India's national average of 8.2%. Despite challenges, the state's resilience is showcased through a robust economic strategy, particularly in the IT and hardware sectors.

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Karnataka continues to drive India’s economic progress, registering a robust GSDP growth of 10.2 per cent in FY 2023-24

Karnataka’s per capita Gross State Domestic Product (GSDP) remains among the highest in India, on par with Telangana, reflecting the strength of Congress-led governance in both States. The State Government’s pro-people policies, including its guarantees, have ensured that the benefits of growth reach all sections of society, fostering inclusive and equitable development.