Dr.Thomas (Special Correspondent)
1
. It is an honour and privilege to address you as the Chief Minister of this vibrant and dynamic state that has been at the forefront of technological innovation in our great nation.
2. Karnataka’s impact on the IT landscape is nothing short of extraordinary.Home to over 5,500 IT/ITES companies and approximately 750 multinational corporations, our state has been a driving force behind the sector’s success, contributing around US$ 85 billion to the nation’s exports.
3. This vibrant industry has not only provided direct employment to over 12 lakh professionals but has also created a ripple effect, generating over 31 lakh indirect jobs. Karnataka’s share of software exports, nearly 40% of the country’s total, solidifies its position as a global IT powerhouse.
4. Bengaluru, the capital of Karnataka and the Silicon Valley of India, has long been a beacon of progress, a city that has embraced change and positioned itself as a global hub for technology and innovation.
5. Bengaluru has always been a melting pot of cultures, ideas, and aspirations.It is this diversity that fuels our innovation, driving us to find solutions to the world’s most pressing challenges. Bengaluru has been ranked 8th in the Global Startup Ecosystem Index by Startup Blink.
6. Our state has become the most sought-after destination for global capability centres, hosting around 40% of GCCs in India.The availability of a skilled digital talent pool, a thriving innovation and startup ecosystem, and a conducive policy environment have fuelled the growth story of GCCs in Karnataka.
7. It’s heartening to note that Karnataka has consistently held the top spot in Niti Ayog’s India Innovation Index for the last three years, and our state has been recognized as the best performer in DPIIT’s ranking.These accolades speak volumes about our commitment to fostering innovation and entrepreneurship.
8. Karnataka has not only excelled in the IT sector but is also recognized as a preferred destination for investment and growth.
9. Our government is focused on building a seamless ecosystem that attracts investment, talent,and opportunities.We want Karnataka to be seen as the hub with an “end-to-end ecosystem” for innovating and growing businesses.
10. Our pro-business policies reflect our dedication to simplifying regulatory processes.From affidavit-based clearance to land reforms, central inspection systems, and single-window clearances,each step we take is aimed at encouraging an industry-friendly environment.
11. Karnataka has been at the forefront of pioneering sector specific policies that have played a pivotal role in shaping our state’s trajectory towards progress. In 1997, we set a precedent by becoming the first state in the country to introduce a ground-breaking Information Technology Policy.Fast forward to today, and the IT sector stands as a cornerstone of our economy, contributing a substantial 25% to our GDP.
12. Building on this legacy of innovation, Karnataka was also the pioneer in introducing a Biotech Policy in 2001. As we continue to champion advancements in biotechnology, I am thrilled to announce that a revised Biotech Policy is set to be unveiled at the Bengaluru Tech Summit (BTS). This policy revision reflects our commitment to staying ahead of the curve and fostering growth in this critical sector.
13. In 2015, our state took a visionary step by launching a startup policy, well before the Government of India recognized the need for a central-level startup policy. This foresight has propelled Karnataka to the forefront of the startup ecosystem, nurturing and supporting the entrepreneurial spirit that defines our dynamic state.
14. Recognizing the evolving landscape of technology and creativity, we understand the importance of Animation, Visual Effects, Gaming, and Comics (AVGC). It gives me immense pleasure to share that the Government of Karnataka is set to launch the AVGC-XR Policy, a testament to our ongoing commitment and progressive approach in leading the nation’s AVGC sector towards global excellence.
15. Crucially, our policies are not developed in isolation but are driven by collaboration between industry and academia, in tandem with the State Government. Vision Groups in IT, Biotech, and startups, comprising industry stalwarts and leaders, operate as think tanks, shaping the trajectory of our state’s development.
16. Yet, even as we celebrate these achievements, we recognize that challenges persist. The digital divide is a reality we must address, ensuring that the benefits of technology reach every citizen, regardless of their background.
17. We aim to bridge this gap through targeted initiatives, utilizing the power of data and analytics to drive informed decision-making in governance. Beyond Bengaluru is a unique initiative in that direction with the primary focus of developing and enhancing ecosystems in regions beyond Bengaluru and bridging the digital divide.
18. Our government is committed to furthering this technological trajectory. We will invest in the infrastructure needed to support the next wave of innovation, foster collaboration between industry and academia, and create policies that propel the state of Karnataka to new heights on the global tech stage.
19. The Bengaluru Tech Summit is not just an event; it is a celebration of our collective vision, determination, and commitment to harness the power of technology for the greater good.
20. The theme for the 26th edition of Bengaluru Tech Summit is Breaking Boundaries. The theme emphasizes on the importance of our State.
Breaking regional boundaries, by creating sector specific clusters across the state of Karnataka.
Breaking sectoral boundaries, by supporting and encouraging industries across different sectors.
and breaking scale, by scaling up and bringing in new business and investments.
21. Let me express my deep appreciation for the pioneers who have laid the foundation of Bengaluru’s technological prowess.Together, let us embark on a journey of progress, inclusivity, and sustainability.
22. As Government of Karnataka, we continuously strive to create an ecosystem that fosters innovation, supports startups, and attracts the brightest minds from around the globe.
23. I am confident that, with your support, we will script a story of unparalleled success and prosperity.
24. Thank you and May the spirit of innovation guide our path.
