Seven of India's banks, Canara Bank, Syndicate Bank, Corporation Bank, Vijaya Bank, Karnataka Bank, Vysya Bank and the State Bank of Mysore originated in this state [REF].
A majority of the silk industry in India is headquartered in Karnataka State, much of it in Doddaballapura, and the state government intends to invest 70 crore in a "Silk City" at Muddenahalli, near Bangalore International Airport [REF].