Karnataka, at the forefront of technological and industrial innovation in India, is poised for transformative growth with several strategic initiatives on the horizon. A recent high-level discussion between 200 prominent CEOs and Chief Minister Siddaramaiah on the sidelines of the Bengaluru Tech Summit inaugural event covered a series of crucial topics. Key legislative and policy measures were at the heart of these discussions. Organizations and CXOs will strategize on the implementation of AI and its use cases. To that end, Karnataka’s plans include “setting up centres of excellence in AI, design, wireless and wired technologies,” said Priyank Kharge, Minister of State for Information Technology and Biotechnology and RDPR, Government of Karnataka.
Kharge also revealed that several suggestions raised by CEOs and state governments will be highlighted in the technology roadmap.
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Suggestions from industry and work to be undertaken include:
Component Manufacturing Hub: We will advance efforts to establish Karnataka as a major component manufacturing hub and boost local industries and employment.
Sectoral focus on agricultural biotechnology and biomanufacturing: Provide further support to farmers through the integration of data science, highlighting the need to increase agricultural productivity and sustainability.
Global Competence Centre (GCC) Policy: Emphasizes the need for a comprehensive GCC policy to make Karnataka a preferred location for MNCs to set up competency centres.
Gig Workers Bill: Proposal to strengthen the Gig Workers Bill to better support the rights and welfare of gig workers in Karnataka.
Upcoming events and initiatives: The Global Thailand Summit for Startups to be held in Bengaluru will focus on fostering global connectivity and opportunities for startups.
Urban Solutions Summit: Agree to host a summit aimed at leveraging solutions from startups and corporations to address real urban challenges such as mobility and drinking water.
SpaceTech Policy: Discuss the importance and concept of a strong SpaceTech policy to foster innovation and attract global investments in the aerospace sector.
Path towards Space Technology Policy in India:
The Government of India has introduced the Indian Space Policy, 2023, to enable full participation of non-governmental organisations in all aspects of the space sector. To support this engagement, the Department of Space has established the Indian National Space Promotion and Authorisation Centre (IN-SPACe), a one-stop nodal agency for all space sector activities of non-governmental organisations and for granting clearances and permissions for space launches.
Similarly, the Telangana government has launched the Space Technology Framework Policy, 2022. The policy aims to provide access to infrastructure, promote skill development and training, and foster research in the space sector in the state.
Recently, Tamil Nadu too announced the launch of policies focusing on space tech, deep tech and circular economy to drive innovation and support deep tech startups.
Outlines for the upcoming BTS 2024 were announced, continuing the theme of the event as “Breaking Boundaries”, highlighting how technology transcends traditional sector, national, cultural and industry boundaries. BTS 2024’s multi-stage conference will feature IT & Deep Tech, Biotech & Healthtech, Startup Ecosystem, Global Innovation Alliance, India-US Tech Conclave and the newly added Electro-Semicon track.
“Karnataka has become home to leading technology companies, GCC and top unicorns. This success stems not only from the state’s industry-friendly policies and programs but also from active engagement and collaboration across the tech ecosystem. We also value our close association with our Global Innovation Alliance partners and together, BTS attracts the world’s foremost leaders, innovators and disruptors, bringing together over 50,000 tech enthusiasts from India and over 40 countries,” said Kharge.
Published on 26 Jul 2024 09:29 AM IST
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