Press "Enter" to skip to content

Karnataka proposes revised IT policy to reinforce state’s innovation hub tag

Karnataka government has proposed to announce a revised IT policy in a move to push the state as global ‘first choice’ for innovation and technology and reinforce startup capital tag.

The State’s Department of IT, BT and S&T said it would soon announce a new IT Policy to drive investments and employment in Karnataka with a special focus on small (tier-II) cities.

“We are in the process of formulating a revised IT Policy for the State. Our aim is to strengthen the State’s leadership position in the IT/ITeS industry through increased thrust for emerging technologies and R&D. Our focus would be to enhance necessary support through key incentives and facilitation through institutional mechanism,” said Kris Gopalakrishnan, chairman Alixor Ventures, and Gaurav Gupta, principal secretary, Department of IT, BT and S&T, after the 15th Vision Group Meeting here.

The Vision Group, led by industry leaders, advises the State government on organising technology events such as Bengaluru Tech Summit.

The government said it would look to adopt strategies to promote emerging technologies such as artificial intelligence, machine learning, virtual reality to boost inclusive digital growth. It is also planning to collaborate for Global Innovation Alliances (GIAs) “We have already identified new engagements with countries like Estonia, Canada and Switzerland and are in the process of chalking out soft-landing exchange for startups in countries like Germany and Netherlands,” said Gupta.

Source: Economic Times