The Karnataka government is set to unveil a new IT policy in a month that will encourage investments in the information technology sector in Tier-II cities like Mysuru, Mangaluru, Hubballi-Dharwad, Belagavi, Kalaburgi and other places.
Additional Chief Secretary of IT, BT and S&T Department EV Ramana Reddy said Karnataka continues to dominate the IT and biotechnology sectors. The new policy will offer incentives for startups and budding entrepreneurs to go beyond Bengaluru which has reached saturation.
The present policy will be five years in 2020 and a revision is necessary to spread the IT sector and its innovations to Tier-2 cities.
Stakeholders aired their concern about students from Tier-2 and 3 cities were not job-ready owing to lack of exposure which was inhibiting the growth of IT sectors across the State.