‘Tech, BT, electronics sector in Beyond Bengaluru to reach $10 billion by 2030 with 1 million jobs’

The technology, biotechnology, electronics and digital transformation industries in Karnataka’s secondary and tertiary towns and cities will grow to over $5 billion by 2026 and $10 billion in 2030 and will also create 5 lakh and one million jobs respectively, said BV Naidu, President Said Karnataka Digital Economy Mission (KDEM), an organization that has a mandate to de-choke the state capital by pushing industries to other parts of Karnataka under its ‘Beyond Bengaluru’ plan.

Addressing a media conference on Tuesday, Mr Naidu, who was the Director of Software Technologies Parks of India (Bengaluru) and who put together the first edition of Tech Expo, IT.com in 1998, said: “KDEM Active Roop has been working on expanding businesses across the state and entrepreneurs and industries have responded to the state’s call beyond Bengaluru.

Karnataka’s annual technical exhibition, currently called Bengaluru Tech Summit (BTS), will turn into a quarter-century-old event and Prime Minister Narendra Modi will inaugurate the 25th edition of the summit to be held from November 16 to November 18 .

CN Ashwath Narayan, Minister of Electronics, Information Technology, Biotechnology, Science and Technology, Higher Education, Skill Development, Entrepreneurship and Livelihoods, Government of Karnataka said, “BTS today is a globally recognized landmark event and has put India on the global technology map. kept on. , making it one of the leading technology exhibition. Our future will be defined by current innovations and technological advancements,” he said while addressing a media conference here on Tuesday.

The Department of Electronics, IT, BT, Science and Technology, Government of Karnataka in association with Software Technology Park of India (STPI) will organize the 2022 edition of Asia’s largest tech event.

Based on ‘Tech4NexGen’, BTS 2022 will focus on Electronics, IT, Deep Tech, Biotech and Startups. The event will also see the unveiling of a Silver Jubilee Commemorative Plaque by Karnataka Chief Minister Basavaraj S Bommai, as well as honoring 35 ITEs and Biotech companies that have been operating out of the city in the last 25 years.

According to Mr. Narayan, the inauguration ceremony will be attended by a number of global people, including the President of the French Republic (Virtual), His Excellency Mr. Omar bin Sultan Al Olma, the Minister of State for Artificial Intelligence, Digital Economy and. Remote Work Application, United Arab Emirates; His Excellency Mr. Tim Watts, Assistant Minister for Foreign Affairs, Australia; Finland, His Excellency Mr. Petri Honkonen, Minister of Science and Culture of Finland and Martin Schroeter, President and CEO, Kindriel USA.