Get All Access for $5/mo

Bengaluru To Get A New Startup Park In 6 Months: Karnataka CM Bommai Speaking at the inauguration of the 25th edition of Bengaluru Tech Summit 2022 on Wednesday, Bommai also revealed plans to build six new high-tech cities in the state

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

L-R Karnataka CM Bansavaraj Bommai and Prime Minister Narendra Modi

A new startup park will soon be set up in Bengaluru near the Kempegowda International Airport to help promote various spheres of the startup ecosystem, Karnataka chief minister Basavaraj Bommai has announced.

Speaking at the inauguration of the 25th edition of Bengaluru Tech Summit 2022 on Wednesday, Bommai also revealed plans to build six new high-tech cities in Dharwad, Mysuru, central Karnataka, Mangaluru and Bengaluru within the next six months to promote scientific and technological innovation in the state.

The multi-modal startup park, in particular, will be a knowledge hub to allow entrepreneurs to reflect and develop startup ideas for the overall development of the state and nation, he said. The state-of-the-art park is targeted at boosting specialisations in emerging technology, including agri-tech, climate tech and deep tech.

Addressing a diverse audience at the Bengaluru summit, CM Bommai further noted, "Now it is time for people with knowledge. Every day, around 5,000 engineers visit Bengaluru as there are 400 research and development labs in the state capital. The government has been extending all the help to make 'Beyond Bengaluru' a reality. The IT industry is promoted in Mysuru, Mengaluru and Hubli-Dharwad. The next decade will witness more urbanisation and 40 per cent of the country will be urbanised. So, IT/BT companies will develop technology for the simple living in urban areas. All is possible in Bengaluru."

The summit will reportedly witness at least nine memorandums of understanding (MoUs) and the launch of over 20 products, marking the silver jubilee of the Tech Summit in Bengaluru.

Soumya Duggal

Former Feature Writer

News and Trends

"45% of All Ongoing Hydropower Projects in India are Ours": Patel Engineering

Patel Engineering reported a turnover of INR 4,400 crore in the last fiscal year, with a projected 10 per cent growth for the current year.

Side Hustle

'Hustling Every Day': These Friends Started a Side Hustle With $2,500 Each — It 'Snowballed' to Over $500,000 and Became a Multimillion-Dollar Brand

Paris Emily Nicholson and Saskia Teje Jenkins had a 2020 brainstorm session that led to a lucrative business.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Franchise

Kick-Start Your Small Business With These Cost Effective Strategies

Starting a small business is an exciting adventure, brimming with both opportunities and challenges. A key to success is effectively managing costs from the outset.

Science & Technology

5 Rule-Bending AI Hacks to Make Your Mornings More Productive and Profitable

By 2025, AI will transform productivity by streamlining workflows and cutting costs. Major companies like Microsoft, Google, and OpenAI are leading the way, advancing AI into "Phase 3," where tools act as digital assistants. Discover 5 AI hacks to boost efficiency and redefine your daily routine.