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Karnataka attracts investment of Rs 36,804 cr in electronics sector
The Sunday Guardian
|March 12, 2023
Chief Minister Basavaraj Bommai said Bengaluru will emerge as the financial capital of the country in the next five to ten years and added that there are no impediments to realise this potential.
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Minister for IT-BT, Science and Technology, Dr C N Aswath Narayan said various electronics companies involving a big ticket investment of Rs 36,804 crore have evinced interest in putting up their production units in various parts of Karnataka state.
At the 25th edition of the Bengaluru Tech Summit 2022, he said Bengaluru has made rapid strides in science and technology sectors and has become the cynosure of all eyes the world over. The Minister said the government has set an ambitious target of achieving a target of $300 billion in IT and BT exports by 2025 from the present $135 billion.
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