Bengaluru Tracks Economic Performance Through Diversified Sectors and MSME Activity

Bengaluru's metropolitan GDP stood at $359.9 billion in 2023, placing the city as India's third most productive metro area according to data referenced in official investment reports. The same estimates project 8.5 percent GDP growth for the metro area.

IT Exports and Software Contribution

The city accounts for 98 percent of Karnataka's software exports. In 2024 it generated an estimated $64 billion in IT exports, representing more than one-third of India's total IT exports. These figures come from economic summaries that track the sector's role in the wider state economy.

Services make up 39.5 percent of Bengaluru's GDP while manufacturing contributes 36 percent. Agriculture accounts for 2.3 percent. The main sectors listed in local economic profiles include IT, automobiles, aerospace, biotechnology and electronics.

MSME Activity and Income Levels

Bengaluru Urban district leads Karnataka in the number of micro, small and medium enterprises. The 2025-26 Economic Survey records 6.3 lakh such enterprises in the district, supporting 51 lakh jobs, the highest total in the state. Per capita income in Bengaluru Urban reached ₹7,60,362 in 2022-23, more than double the Karnataka state average of ₹3,04,474 for the same period.

These indicators are drawn from district-level surveys and state economic documents that compile enterprise counts and income data. The spread across services, manufacturing and other listed sectors provides the measurable base for ongoing local economic reporting.

Next Steps for Monitoring

Residents and businesses can follow updates through the same state economic survey releases and district enterprise records that supplied the current figures. Regular review of these sources allows tracking of any shifts in the recorded GDP, export values or enterprise numbers without reliance on projections beyond the verified data.