Overview
- State ministers approved the Space Technology Policy 2025–30, the Information Technology Policy 2025–30 and the Local Economic Accelerator Programme, according to H K Patil.
- Targets under the IT policy include raising software exports from ₹4.09 lakh crore to ₹11.5 lakh crore by 2030 and lifting the IT sector’s GSVA share from 26% to 36%.
- Coverage differs on the policy’s five-year financial outlay, with The Hindu and The Indian Express reporting about ₹967 crore while News18 cites ₹445.5 crore.
- The policy offers new fiscal incentives and non-fiscal relaxations, including a five-year exemption from the Karnataka Industrial Employment (Standing Orders) Rules with safeguards and permission for 24/7 operations.
- Infrastructure plans propose Technoverse integrated campuses, a Global Testbed Infrastructure Network and a Statewide Digital Hub Grid, while LEAP gets a ₹200 crore grant, launches Defence Technology and Quantum AI centres with IIT and IIIT Dharwad partners and targets five lakh new jobs across multiple cities.