Saturday, November 19, 2022

Bengaluru Tech Summit Positions Beyond Bengaluru Emerging Tech Clusters As The New Power Hub To Drive Digital Economy Of The State

* The flagship summit drives deep tech, agritech, cybersecurity, ESDM, fintech, healthtech, as anchor industries across the emerging tech clusters

* Beyond Bengaluru Initiatives To Put Karnataka On The Global Map For New Age Innovation, Technology, access to talent, ease of doing business & pro industry policy

 On the occasion of 25th anniversary of Bengaluru Tech Summit, Government has committed to drive efforts to position emerging tech clusters on the digital global map. Concerted efforts to drive anchor industries across the 3 clusters in Phase 1 with the help of the industry & academic partners is the road map.

Mysuru: Cybersecurity & ESDM

Hubballi – Dharward – Belagavi – Agritech, ESDM, AI

Mangaluru: Fintech, Healthtech

Karnataka Digital Economy Mission (KDEM) being the enabler and pro industry is working towards getting all stakeholders together to achieve this goal. By 2030, Beyond Bengaluru will contribute 2.5% of Karnataka’s GDP. State will contribute more than USD 250 Billion toward the digital economy goal of India by the year 2026.

Karnataka Digital Economy Mission (KDEM) held Beyond Bengaluru Tech Summit to bring out the current strengths of the emerging tech clusters and put together a strong road map till 2026. As part of this summit Hon’ble IT Minister Dr C. N. Ashwath Narayan felicitated 33 companies who have expanded & started their business across these 3 emerging tech clusters in the last 12 months.

BV Naidu, Chairman of Karnataka Digital Economy Mission, shared his thoughts on the project’s recent milestones: “The past year has been filled with highlights as we catalysed several start-ups in conducive environments. We’ve overseen a GCC Spoke-Shore Strategy & startup grid initiative that saw around 33 companies begin/expand operations in Beyond Bengaluru clusters, generating employment for over 10000 people. We launched future digital jobs in AI and cybersecurity in Mysuru, Hubballi, Dharward, Mangaluru, Kalaburagi, and Belagavi with 2,000+ job opportunities. We will build on this and look to expand our vision, taking technologies and opportunities to other parts of Karnataka. Our academic & training partners are also geared up to meet the industry demand for skilled and employable workforce across the anchor sectors to start with. Plus Beyond Bengaluru is a step in the right direction in our aim to drive 10,000 start-ups by 2030.”

Sanjeev Gupta, CEO of Karnataka Digital Economy Mission, added, “KDEM’s focus is on promoting these clusters by maintaining constant dialogue between companies, investors, and the broader global ecosystem. Last 12 months we have got into 13+ industry MoUs to drive the Beyond Bengaluru mandate that will help us reach our 2026 goals. One of our key initiatives is the Start-Up Grid—that connects various tech-related start-ups across multiple sectors in the digital economy. We already have more than 400 start-ups on the grid, allowing each to access services like infrastructure and customised partner products. We are further planning to incentivise start-ups outside Bengaluru with cluster seed funds, dedicating INR 75 Cr towards all three clusters. We believe these positive actions will attract more investors and entrepreneurs with scalable ideas from both India and abroad.”

About Karnataka Digital Economy Mission Pvt Ltd.:

Karnataka Digital Economy Mission is a Section 8 organization designed to function as the knowledge bridge between the Government of Karnataka and industry with a view of accelerating the growth and investments of the IT, BT, and S&T sectors in Karnataka. The Karnataka Digital Economy Mission promises to harness the unlimited potential of the digital economy of Karnataka to transform the lives of the people in the state. The IT ecosystem not only uplifts the lives of professionals in the industry but also powers millions of other ancillary jobs across other industries.

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