Karnataka ranks 1st in IT investments: Assocham
Karnataka has received the highest IT investments in 2015-16, getting nearly 25% of the total ₹2.2 lakh crore investments in the sector, an Assocham report said. IT investments in the state grew from ₹14,337 crore in 2005-06 to ₹53,396 crore in 2015-16, at a CAGR of 14%. Gujarat ranked second with ₹35,300 crore investment in the sector, the report added. 