The Government of Karnataka unveiled the blueprint for Beyond Bengaluru initiative for the Mysuru cluster consisting of Mysuru, Mandya, Ramnagara and Chamarajanagara.
Dr. C N Ashwath Narayan, Minister for IT & BT, Science & Technology, Higher Education, Skill Development, Entrepreneurship & Livelihood, Government of Karnataka further added: “Mysuru cluster has garnered investor interest of INR 1400 crore to develop Electronics Manufacturing Clusters. This is also expected to generate more than 12,000 jobs. The government will aim to work toward fulfilling industry demands and developing the Mysuru ecosystem.”
It is estimated that by the year 2030, the cities of Beyond Bengaluru would be contributing ~USD 10 billion towards the IT industry, with an employment potential of ~10,00,000 people and the establishment of ~10,000 start-ups.
The announcements were made at The Big Tech Show, a two-day event conducted by Karnataka Digital Empowerment Mission (KDEM) to bring together industry leaders, policymakers, R&D community, and representatives from start-ups to ignite the next wave of development from the Beyond Bengaluru cluster of Mysuru. The Big Tech Show is also a precursor to the Karnataka Government’s Bengaluru Tech Summit 2022 to be held between 16-18 November.
Trishika Kumari Wadiyar from the erstwhile royal family of Mysore and former Director of SATCOM programme of ISRO Anuradha T.K. were part of the KDEM’s Women at Work (W@W) sessions.
The Karnataka Digital Economy Mission (KDEM) is a vision group that works with trade associations to implement new policies around various industries including start-ups. To further the cause of keeping Karnataka ahead in IT, BT and S&T, KDEM provides feedback on policy initiatives needed to attract investments, acts as a bridge between the government and the industry, and builds a comprehensive strategy. The KDEM has helped the state with investments in IT/ITeS by helping structure promotional efforts abroad, helping position Karnataka well with technology-sector-specific investment reports, and sponsoring and organizing research to uncover technology opportunities.
State of Karnataka has emerged as the most preferred destination for investments by leading Indian and global multinationals, especially in the last decade. The City of Bengaluru has emerged as the IT, Biotech, Startups and deep tech capital of Karnataka and India and it hosts 400 fortune 500 companies in its premises. Inspired by the growth of Bengaluru, other cities in Karnataka are also gearing up to become the next best destinations for technology and innovation.
KDEM’s Beyond Bengaluru initiative is aimed at working towards the promotion of emerging technology clusters in emerging tech clusters across the State. It is expected that such initiatives will lead to increasing demand from tech-based industries to strengthen their footing in the emerging tech clusters of the State in line with Hon’ble PMs vision of even growth across the country.
