Karnataka to Set Up 3 Global Innovation Districts to Boost GCC Growth

Karnataka Chief Minister Siddaramaiah announced the establishment of three Global Innovation Districts (GIDs) in Bengaluru, Mysuru, and Belagavi to attract and support Global Capability Centres (GCCs) in the state. The announcement was made at the 27th Bengaluru Tech Summit, where the CM also highlighted the launch of India’s first dedicated GCC policy, aiming to empower innovation. These innovation districts will be key pillars in Karnataka’s strategy to foster research, development, and emerging industries, alongside strengthening its position as a global tech hub.

Key Initiatives and Focus Areas

Global Innovation Districts

The GIDs in Bengaluru, Mysuru, and Belagavi will be dedicated parks for GCCs, with Bengaluru’s district forming part of the Knowledge, Wellbeing, and Innovation City (KWIN City). The KWIN City will position Bengaluru as a global hub for innovation and research, supported by Karnataka’s unmatched engineering talent and its leadership in AI professionals.

Nipuna Karnataka Scheme

A significant aspect of Karnataka’s strategy is the ‘Nipuna Karnataka’ initiative, designed to create an industry-ready workforce. The state aims to skill one lakh people through partnerships with global tech giants like Microsoft, Intel, Accenture, IBM, and the BFSI Consortium. This will ensure the availability of top-tier expertise for GCCs.

Regional Growth and Cluster-Based Development

To drive balanced regional growth, Karnataka is focusing on sector-specific clusters like fintech in Mangaluru, EV and drone manufacturing in Hubballi-Dharwad, and PCB manufacturing in Mysuru. The state is aligning policies and infrastructure to attract investments in these emerging sectors, promoting innovation across all regions.

Electronics Manufacturing Cluster (EMC)

The Electronics Manufacturing Cluster (EMC) in Kochanahalli, Mysuru, is set to become a global player in the semiconductor industry. This initiative aims to create job opportunities and economic growth, benefiting both urban and rural areas.

AI Centre of Excellence

A new Centre of Excellence in Artificial Intelligence (AI) will be established in Bengaluru in collaboration with IIT Alumni Center Bangalore (IITACB). This centre will act as India’s premier accelerator for AI startups, providing them with essential resources like capital, mentorship, and industry partnerships.

Summery of the news

Why in News Key Points
Karnataka plans to set up 3 Global Innovation Districts in Bengaluru, Mysuru, and Belagavi to attract Global Capability Centres (GCCs). 1. Chief Minister: Siddaramaiah (2024).
2. State: Karnataka.
3. Key Cities for Innovation Districts: Bengaluru, Mysuru, Belagavi.
4. GCC Focus: Bengaluru Global Innovation District will be part of KWIN City (Knowledge, Wellbeing, and Innovation City).
5. MoUs Signed: With Microsoft, Intel, Accenture, IBM, BFSI Consortium.
6. Skilling Target: 1 lakh people under ‘Nipuna Karnataka’ scheme.
7. Electronics Manufacturing Cluster: Located in Kochanahalli, Mysuru, for semiconductor industry.
8. AI Centre of Excellence: In Bengaluru, in partnership with IIT Alumni Center Bangalore (IITACB).
9. Karnataka’s Startup Ecosystem: 3,036 startups contributing to 8.7% of India’s total startups.
State’s Innovation Focus 1. Sector-Specific Clusters: Fintech in Mangaluru, EVs and drones in Hubballi-Dharwad, PCB manufacturing in Mysuru.
2. Nipuna Karnataka Scheme: Skills development for tech industry workforce.
Regional Growth Strategy 1. Balanced Growth Approach: Focus on areas like PCB manufacturing (Mysuru), EVs and drones (Hubballi-Dharwad), fintech (Mangaluru).
Electronics Manufacturing Focus 1. EMC in Mysuru: Aimed at strengthening Karnataka’s semiconductor sector.
AI Innovation 1. AI Centre in Bengaluru: Accelerator for AI startups with access to capital, mentorship, and partnerships.

 

Piyush Shukla

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