Karnataka is gearing up for a major power upgrade, targeting an installed power capacity of around 24 gigawatts (GW) over the next 5 years, with more than ₹3 lakh crore required for the power sector alone.
At the curtain-raiser for the Global Investors Meet, scheduled to be held in Bengaluru between April 20 and 22, 2027, Chief Minister D.K. Shivakumar said this plan puts renewable energy and sustainable growth front and center.
Karnataka targets 5L new jobs
The state isn't just thinking about power: it's also working to grow cities like Mysuru and Mangaluru, not just Bengaluru.
By investing in infrastructure and better connectivity, Karnataka hopes to balance development across regions.
Big moves in aerospace and defense have already brought in more than ₹60,000 crore and created about 60,000 jobs, with even more opportunities on the horizon as the state aims for 5 lakh new jobs through streamlined investment processes.