The State of Karnataka, the IT hub of the country, is on a mission to promote faster and more inclusive growth across the IT and biotechnology (BT) sectors through investments and initiatives. Basavaraj S Bommai, the Chief Minister of Karnataka, has announced that six new cities will be set up in Karnataka to ensure that the know-how of technology and its services percolate into various parts of the state. The upcoming cities have been visualised as being well planned with high-tech facilities. Furthermore, newer cities could join the dots in terms of connectivity as well as open out new vistas for employment. This in itself can add to the growth of the IT-BT industry, besides encouraging newer start-ups.
A move in this direction is the announcement of a dedicated Startup Park. This multi-modal park could help promote various spheres of the startup eco-system ranging from agri tech to aeronautical technology. As well as this, a Knowledge and Technology...