Bengaluru, June 19 -- Karnataka has emerged as the top investment destination in India, attracting USD 54.5 billion in foreign direct investment (FDI) in recent years - accounting for 21 per cent of the country's total inflows - with high-growth sectors like IT, aerospace, mobile manufacturing, and semiconductors leading the way, the Confederation of Indian Industry (CII) Karnataka Chapter said on Thursday.
Speaking at an interactive session, the CII Karnataka State Council chairman Rabindra Srikantan said the bulk of the investment was seen across the services and manufacturing sectors, especially in Bengaluru and its surrounding industrial clusters.
"IT and technology services continue to dominate, but we've also seen large capital flow...