Karnataka has cemented its place as India’s high know-how hub. It leads the nation in synthetic intelligence, world functionality centres (GCCs), and IT exports price Rs 4.1 lakh crore, in accordance with IT and BT Minister Priyank Kharge.
The state contributes 40% of India’s AI expertise, 47% of all GCCs, and 40% of complete IT exports. Kharge mentioned Karnataka’s closest competitor, Telangana, stands at Rs 2.1 lakh crore in IT exports. Telangana is a long time behind in catching up.
Highlighting the state’s robust innovation ecosystem, Kharge famous that Karnataka ranks eighth globally in startups. It continues to guide in analysis, improvement, and tutorial excellence.
To additional increase deep tech and synthetic intelligence, the federal government will launch a ‘Deep Tech Decade’ on 18th November. An preliminary funding of Rs 600 crore is deliberate. The initiative, supported by over 40 world companions, will give attention to centres of excellence, incubators, and ability improvement. It additionally goals to broaden the startup ecosystem past Bengaluru.
Kharge mentioned the rise of AI and automation will reshape industries. Nevertheless, with the best reskilling and upskilling, disruption might be was alternative. Whereas 92 million jobs could disappear globally, he added, 172 million new ones are anticipated to emerge. Karnataka goals to remain forward of that curve.
He additionally emphasised that the rising variety of GCCs in India is fostering native innovation and mental property creation. That is making the nation extra self-reliant in know-how.
Wrapping up his message to traders, Kharge mentioned, “Climate smart or in any other case, Karnataka is the very best place to take a position.”
Prepared to take a position like a professional? Unicorn Indicators app equips you with 100+ Free instruments and information it’s worthwhile to succeed. Obtain the Unicorn Indicators app and achieve entry to day by day inventory lists and insightful market evaluation and way more!
