Mangaluru to emerge as an IT cluster & start-up hub

After Bengaluru has established itself as a flourishing IT major Indian city, Karnataka Government has planned to make Mangaluru as the State’s next IT Cluster and Start-Up Hub. This was conveyed by  Ashwath Narayan, the Deputy Chief Minister of Karnataka on Wednesday at the Mangaluru Innovation Conclave.

While Mangaluru is going to emerge as an IT industry cluster, additional clusters would also be set up at the three K’Taka cities – Belagavi, Mysuru and Shivamogga “to decongest Bengaluru and replicate its success in other regions across the state”, reported The News Minute

“We are taking steps to set up an Electronic System and Design Management (ESDM) centre in this city (Mangaluru) along with Central Instrumentation Facility to attract investments and generate hundreds of jobs,” said Narayan.

“The state government has also set up the Karnataka Digital Economy Mission (KDEM) to promote digital growth, attract investments and innovation in science and technology in the state”, he said.

The mission is poised to create 30 lakh jobs across the State and also contribute 30 % more to the Gross State Domestic Product in the next 5 years. “We are targeting $150 billion IT exports by the knowledge industry in the state in the next 5 years,” asserted the Minister.