Karnataka is driving technology-based development, says CM Bommai

Karnataka Chief Minister Basavaraj Bomai said on Friday that the country is fueling technology-based development and will be the biggest contribution to the country’s development.

This happened during a speech at the conclave “What does India think today is the 2022 Global Summit”, organized by TV9 Network in New Delhi.

At the event, the chief minister said that Karnataka is defined as the engine of the country’s growth and has a long history of technological development.

“Karnataka is home to the largest number of higher institutions in aerospace, defense and industrial production in both the public and private sectors,” he said.

Stressing the importance of Karnataka in the country’s economy, Bomai said most of the leading centers for research and development, ranging from IT and BT to artificial intelligence, are in Bengaluru.

“Karnataka is the state with the largest number of research and development centers. About 400 of the 500 rich companies have a presence in Bengaluru. “Karnataka is a leader in IT, BT, the aerospace industry and start-ups,” Bomai said.

Asked about the benefits of dual-engine management, Bomai said: “The dual-engine government is definitely beneficial. Many works would have sailed smoothly if the doors of Delhi were open. Policies are formulated in Delhi, this is an international door, only a dual-engine government can pave the way for international achievement. “

The chief minister also said that Prime Minister Narendra Modi is a leader with a long-term vision. He has given priority to skills development.

“Karnataka is rich in skilled labor. The Prime Minister changed the perception of the huge population as a burden to see it as an asset, defining it as a “demographic dividend”. “The state of Karnataka is reaping huge profits from demographic science, and its achievement has attracted other countries,” Bomai said.

The chief minister added that the defense sector has a large presence in the state as part of the Aatma Nirbhar Bharat mission.

“DRDO has many research centers in Karnataka, the first state to sign memoranda of understanding with leading semiconductor companies. The state will soon start producing semiconductors. This is our strength. So the twin-engine government is bound to bring huge benefits to the state, “he said.

“We have the largest number of start-ups and unicorns. “The policies formulated in Delhi have had a direct impact on Karnataka,” Bomai said.

He also said that Prime Minister Modi’s concept of “minimum government, maximum governance” is the new model of growth.

“Karnataka’s ecosystem, R&D base and skilled workforce have proven to be ideal for the creation and growth of start-ups,” Bomai said.

(Only the title and photo of this report may have been edited by Business Standard staff; the rest of the content is automatically generated by a syndicated channel.)

Dear reader,

Business Standard has always sought to provide up-to-date information and commentary on events that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our proposal has only strengthened our determination and commitment to these ideals. Even during these difficult times stemming from Covid-19, we remain committed to keeping you informed and up-to-date with credible news, authoritative views and insightful comments on current issues.
However, we have a request.

As we fight the economic impact of the pandemic, we need your support even more so that we can continue to offer you better content. Our subscription model has received encouraging feedback from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve our goals of offering you even better and more relevant content. We believe in free, honest and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

Digital editor

Leave a Comment

Your email address will not be published.