Karnataka announces startup park near Bengaluru airport

Synopsis While presenting the state budget, Bommai said the startup park would be established at a cost of Rs 30 crore, as per a report by The Times of India. ETtech Karnataka Chief Minister Basavaraj Bommai on Friday announced that the state would set up a state-of-the-art startup park near Kempegowda International Airport. While presenting the state budget, Bommai said the startup park would be established at a cost of Rs 30 crore, as per a report by The Times of India.

The proposed park will be a hub for aspiring entrepreneurs in the state, IT & BT officials said. “This will position Karnataka as a champion state for startups by stimulating the growth of 25,000 startups in the coming years,” said IT & BT minister CN Ashwath Narayan. Narayan further said that the announcement is in line with the state government’s vision of building a $300-billion digital economy by 2025.

As per the report, the park will provide a plug-and-play facility with an ecosystem for developing prototype solutions and market-ready scalable products. The infrastructure will focus on supporting emerging technologies such as agri-tech, climate-tech, and deep-tech. Bommai also said nine new industrial clusters will be established by Karnataka State Small Industries Development Corporation (KSSIDC).

Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories New industrial clusters will be established in nine places by KSSIDC — Kodkani in Uttara Kannada District, Kanagala in Belagavi, Badanaguppe in Chamarajanagara, Chitthapura in Kalaburagi, Byragondanahalli-Chikkanayakanahalli in Tumkur, Humnabad in Bidar, Raichur rural, Hoovinahipparagi in Vijayapura and Molakalmuru in Chitradurga. Bommai proposed to set up a cloud-based state data centre with an outlay of Rs 590 crore for various departments and public sector undertakings. Information technology (IT) is being used extensively in the administration of the state, he said, adding the security of the administrative system is of extreme priority.

“In this background, 24X7 Cyber Security Operation Centre (CSOC) with cyber experts incorporating modern technology will be established to ensure safety of government websites, online services and for data security,” Bommai said presenting the 2023-24 budget in the state Legislative Assembly. Don’t miss out on ET Prime stories! Get your daily dose of business updates on WhatsApp. click here! Saturday, 18 Feb, 2023 Experience Your Economic Times Newspaper, The Digital Way! Read Complete Print Edition » Front Page Pure Politics Companies Brands & Companies More Governance Reimagined Since ’14: PM Addressing a power-packed gathering at ET GBS, PM Modi says his govt took a new approach to tackling country’s challenges, worked to realise unfulfilled ‘garibi hatao’ promise of previous govts, and showed the world what it means to be ‘anti-fragile’ during the pandemic.

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Because when you want something that bad, nothing — not even a 12-hour bus ride in January — is going to stop you. ” Read More News on startups startups in india basavaraj bommai startups news karnataka government Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.

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