The economy of Karnataka is one of the most productive in comparison to other states in the country, with ₹20.5 trillion (US$260 billion) in gross domestic product and a per capita GDP of ₹305,000 (US$3,800).[15][16] The state of Karnataka has one of the highest economic growth rates comparatively to other states in the country, with a GSDP (Gross State Domestic Product) growth of 9.5% in the 2021–22 fiscal year.[17][18] After Bangalore Urban, Dakshina Kannada, Hubli-Dharwad, and Belagavi districts contribute the highest revenue to the state respectively. The capital of the state, Bangalore, is known as the Silicon Valley of India, for its immense contributions to the country's information technology sector. A total of 1,973 companies in the state were found to have been involved in the IT sector as of 2007.[19]
Though several etymologies have been suggested for the name Karnataka, the generally accepted one is that Karnataka is derived from the Kannada words karu and nādu, meaning "elevated land". Karu Nadu may also be read as karu, meaning "black" and nadu, meaning "region", as a reference to the black cotton soil found in the Bayalu Seeme region of the state. The British used the word Carnatic, sometimes Karnatak, to describe both sides of peninsular India, south of the Krishna.[24]
With an antiquity that dates to the paleolithic, Karnataka has been home to some of the most powerful empires of ancient and medieval India. The philosophers and musical bards patronised by these empires launched socio-religious and literary movements which have endured to the present day. Karnataka has contributed significantly to both forms of Indian classical music, the Carnatic and Hindustani traditions.
^"Figures at a glance"(PDF). 2011 Provisional census data. Ministry of Home Affairs, Government of India. Archived(PDF) from the original on 24 October 2011. Retrieved 17 September 2011.
^"Sub-national HDI – Area Database". Global Data Lab. Institute for Management Research, Radboud University. Archived from the original on 23 September 2018. Retrieved 25 September 2018.
^Huq, Iteshamul, ed. (2015). "Introduction"(PDF). A Handbook of Karnataka (Fifth ed.). Karnataka Gazetteer Department. p. 48. Archived(PDF) from the original on 23 May 2018. Retrieved 22 May 2018.
^See Lord Macaulay's life of Clive and James Talboys Wheeler: Early History of British India, London (1878) p.98. The principal meaning is the western half of this area, but the rulers there controlled the Coromandel Coast as well.