The Bengaluru Tech Summit celebrates its 25th anniversary and the State government is currently in the process of expanding the tech-driven industries across the State through Karnataka Digital Economy Mission (KDEM), a PPP outfit. Under its ‘Beyond Bengaluru’ initiative, Karnataka is now developing tech clusters in many tier-2 and 3 cities including Mysuru, Hubballi/Dharwad, Belagavi, and Mangaluru.
The ‘Beyond Bengaluru’ strategy envisages Mysuru as the hub for cybersecurity and ESDM, Hubballi-Dharward-Belagavi for agritech, ESDM, AI, and Mangaluru for Fintech and Healthtech sectors.
Karnataka government is making all efforts to decongest Bengaluru by luring new investors into tier 2 and 3 cities, offering them better concessions and government subsidies. Out of the total MoUs signed, over 80 per cent of the investments are coming up in other parts of the state.
Urban and rural region of Bengaluru will have less than 20 per cent of new projects, while 80 per cent of the projects will go beyond Bengaluru to other cities including Belgaum, Hubballi, Mysuru, Mangaluru and Kalaburagi, according to the Minister.
Beyond Bengaluru is a step in the right direction in our aim to drive 10,000 start-ups by 2030.