Karnataka will set up three devoted world innovation districts—in Bengaluru, Mysuru and Belagavi—as a part of its International Capability Centres (GCC) coverage, Chief Minister Siddaramaiah introduced on Tuesday.
Talking on the inaugural occasion of the twenty seventh version of the Bengaluru Tech Summit within the state capital, Siddaramaiah mentioned, “Karnataka has launched India’s first devoted International Functionality Centres (GCC) coverage, geared toward empowering and supporting these centres. Taking the coverage announcement ahead, I’m proud to announce that we are going to set up three devoted world innovation districts in Bengaluru, Mysuru and Belagavi. These will likely be devoted parks for GCCs to arrange store right here within the state.”
“Our state is a most well-liked vacation spot for GCCs, because of its unmatched engineering expertise and the best variety of AI professionals globally. It will additional be strengthened by our initiatives below NIPUNA Karnataka, which will likely be a programme designed to create an industry-ready workforce. The 5 MoUs signed simply now, with Microsoft, Intel, Accenture, IBM and BFSI Consortium, will talent 1 lakh individuals in Karnataka,” he added.
In response to an official assertion, Karnataka goals to coach over 10,000 trainees every year in rising applied sciences, specializing in deep tech, in collaboration with Microsoft. In partnership with Intel, it intends to coach over 20,000 trainees yearly in AI by way of numerous programmes.
Accenture, in collaboration with the federal government, is offering 10,000 individuals with coaching in rising applied sciences corresponding to cybersecurity and quantum computing. In response to the assertion, IBM has dedicated to coaching 50,000 individuals in AI and cloud providers. The BFSI Consortium trains 10,000 individuals in banking and finance, guaranteeing they safe placements in reputed corporations throughout the fintech sector.
Karnataka launches GCC coverage, goals for $50 billion output
The federal government additionally launched the Karnataka International Functionality Centres (GCC) Coverage 2024-2029, which goals to solidify the state as a premier vacation spot for innovation and technological excellence.
The coverage, the draft of which was unveiled in September, targets the institution of 500 new GCCs by 2029, creating 3.5 lakh jobs and producing $50 billion in financial output. With Bengaluru already internet hosting 30 per cent of India’s GCCs and 35 per cent of its workforce, the state seeks to additional increase this management by way of this coverage.
In response to an announcement, the coverage emphasises a “Past Bengaluru” initiative to advertise equitable growth throughout tier-2 and tier-3 cities corresponding to Mysuru, Mangaluru, Shivamogga, and Hubballi-Dharwad. Incentives will likely be supplied to corporations organising in these areas, facilitating the decentralisation of innovation hubs and nurturing untapped expertise swimming pools.
The important thing provisions of the GCC coverage are expertise growth, incentives for progress, ecosystem enhancement, infrastructure enlargement, democratising entry to alternatives and fostering a tradition of sustainability.
