The Karnataka authorities on Tuesday unveiled three new insurance policies specializing in info know-how, spacetech, and startups, because it pitched the state as a key international funding vacation spot.
On the inaugural day of the Bengaluru Tech Summit 2025 (BTS)—the flagship tech occasion organised by the Karnataka state authorities—Chief Minister Siddaramaiah stated these insurance policies are aimed toward making Karnataka a world vacation spot for deeptech investments.
The three new insurance policies unveiled are the Data Know-how Coverage, the SpaceTech Coverage, and the Startup Coverage for the interval between 2025 and 2030.
“We’re constructing a future-ready state by means of centres of excellence in AI, cybersecurity, robotics, quantum and the Past Bengaluru initiative to broaden alternatives throughout districts. Karnataka continues to be India’s most trusted funding vacation spot with clear insurance policies and a tradition that champions expertise, innovation, and international ambition,” the Chief Minister stated.
The Karnataka IT coverage focuses on driving innovation, strengthening digital infrastructure, and fostering rising applied sciences reminiscent of AI, cybersecurity, semiconductor design, and cloud computing. The coverage seeks to spice up IT penetration throughout Tier II and III cities, enabling balanced regional improvement and job creation. It additionally promotes sustainable and inclusive digital improvement by means of startups, women-led enterprises, and socially impactful tech options.
The house know-how coverage goals to strengthen each upstream and downstream house capabilities by means of devoted manufacturing parks, superior testing infrastructure, and a brand new centre of excellence for house know-how. Total, the coverage units a powerful basis to seize 50% of India’s house market and considerably broaden Karnataka’s footprint within the international house economic system.
The startup coverage goals to allow the creation of 25,000 startups over the following 5 years by means of strategic interventions in funding, market entry, infrastructure, expertise improvement, and social inclusion.
Karnataka Deputy Chief Minister D Ok Shivakumar stated, “Bengaluru’s energy comes from the 2 pillars—know-how and expertise. This metropolis now hosts over 400 R&D centres, 500 Fortune corporations, 12,000 energetic startups and contributes greater than 40% of India’s software program exports. We’re investing greater than Rs 1.5 lakh crore to push infrastructure at excessive velocity.”
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