Overview
- At a breakfast meeting convened by the Department of Electronics, IT & BT ahead of the summit, Chief Minister Siddaramaiah pitched Bengaluru to roughly 100 industry leaders as the prime destination for entrepreneurial growth.
- He highlighted Bengaluru’s ranking as the world’s fifth top AI city and noted that the region hosts nearly half of India’s AI talent under a new IT policy aimed at boosting AI infrastructure.
- Karnataka’s Quantum Technology Roadmap was presented as the first of its kind by any Indian state with a goal to build a $20 billion quantum economy by 2035 through hardware parks, innovation zones and a global Quantum Conclave.
- The state currently accounts for 44 percent of India’s software exports and over 875 Global Capability Centres, and it plans to add 500 more by 2029 to generate 350,000 jobs and $50 billion in output.
- Flagship initiatives announced include QWIN City, a proposed Health City, a ₹1,000 crore deep-tech fund with both government and private contributions, and steps to expand innovation clusters beyond Bengaluru to distribute growth across Karnataka.