Karnataka\u2019s IT\u2013BT minister, Priyank Kharge, said that Karnataka is focusing on setting up specialized facilities to shorten the learning curve for deep tech startups and drive sector growth.<\/p>\n
\u201cI request KDEM, KITS, and NASSCOM to collaborate and establish a deep tech innovation cluster in Bengaluru,\u201d he said at the Kharge at NASSCOM\u2019s Future Forge 2024 event.<\/p>\n
He said that Karnataka hosts over 250 deep tech startups, which collectively attracted over $1.5 billion in investment last year and created nearly 10,000 jobs. However, Kharge emphasized the need to push for more innovation and growth in the sector. <\/p>\n
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Kharge has sought the ecosystem\u2019s help to come up with a framework next month. He added that the deeptech innovation will figure among the key priority areas in the budget. <\/p>\n
He highlighted the need for better regulatory frameworks, cautioning against policies that react too quickly to technological changes and hinder industry growth. <\/p>\n
\u201c\u201cThe NIPUNA program is a \u20b9300 crore initiative, perhaps the biggest skilling program in the country, to develop talent in emerging technologies with the tagline: \u2018Skill locally, Work globally\u2019,\u201d he added. <\/p>\n
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Kharge closed by reaffirming Karnataka\u2019s ambition to be a global leader in deep tech. \u201cWe are not competing with other states… Karnataka will be at the top of the pyramid in the deep tech sector, breaking boundaries not just for India, but for the world.\u201d <\/p>\n
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