Karnataka Chief Minister Siddaramaiah announced that three global innovation districts will be created by the state government in Bengaluru, Mysuru, and Belagavi. The chief minister emphasised these areas as parks for global capability centres (GCCs), which are intended to draw investment in innovative sectors, during his remarks at the 27th Bengaluru Tech Summit (BTS), which was organised by the Department of Electronics, IT, and BT.
The Knowledge, Well-being and Innovation City which is set out to become a global hub for knowledge and innovation will be supported by Bengaluru worldwide Innovation District. This is due to Karnataka’s first-ever GCC strategy, which seeks to build such centres through appropriate infrastructure support, and assistance. The ‘NIPUNA Karnataka’ scheme is another major related initiative under the government’s listed innovation focus and has designed a workforce for the sector.
Karnataka intends to skill one lakh people through partnerships with leading companies like Microsoft, Intel, and IBM, guaranteeing the availability of top-tier expertise. To promote balanced regional growth, a cluster-based development strategy is being put into place, highlighting areas of strength such as PCB manufacturing in Mysuru, EVs and drones in Hubballi-Dharwad, and fintech in Mangaluru. He stated that they will train one lakh people in the state of Karnataka in relation to the five Memorandums of Understanding (MoUs) that were inked during the tech summit with Microsoft, Intel, Accenture, IBM, and the BFSI Consortium.
Furthermore, Kochanahalli, Mysuru’s Electronics Manufacturing Cluster (EMC) is positioned to be a major player in the global semiconductor sector, supporting economic growth and employment creation in both urban and rural regions.
