Bengaluru: Karnataka Chief Minister Siddaramaiah unveiled plans to establish three dedicated global innovation districts in Bengaluru, Mysuru, and Belagavi. This initiative, aimed at supporting Global Capability Centres (GCCs), is part of the state’s strategy to position itself as a leader in technology and innovation. The announcement was made at the 27th Bengaluru Tech Summit (BTS), which brings together industry leaders, innovators, and government officials from around the world. The government’s goal is to strengthen the state’s tech-driven sectors through strategic partnerships and investments.
Siddaramaiah emphasized that the Bengaluru Global Innovation District would be integrated into the Knowledge, Well-being, and Innovation City (KWIN City), designed to become a global hub for research and innovation. The initiative builds on Karnataka’s robust startup ecosystem, which saw an 18.2 percent growth in the number of startups from 2022 to 2023. Through programs like ‘NIPUNA Karnataka,’ aimed at creating an industry-ready workforce, and collaborations with global tech giants like Microsoft, Intel, and Accenture, the state is focusing on skilling one lakh individuals. The Chief Minister also highlighted the growing role of regions like Mangaluru and Hubballi-Dharwad in fintech and electric vehicles, respectively.
In addition to these efforts, Karnataka is strengthening its infrastructure to drive balanced growth across urban and rural areas. Programs such as ‘Beyond Bengaluru’ aim to bring technology to rural regions, enhancing agricultural productivity, education, and citizen services. Siddaramaiah also announced plans for an Electronics Manufacturing Cluster (EMC) near Mysuru, furthering Karnataka’s position in the global semiconductor market. With over 200 startups connected to funding firms through collaborations with the Indian Venture and Alternate Capital Association (IVCA), the state is poised to remain a top destination for technology and innovation in India.
[news_related_post]