Karnataka Chief Minister Siddaramaiah has announced that the state government would establish three dedicated global innovation districts in Bengaluru, Mysuru and Belagavi. Speaking at the 27th Bengaluru Tech Summit (BTS), organised by the Department of Electronics, IT, and BT, the CM highlighted these districts as dedicated parks for global capability centres (GCCs), designed to attract investment in cutting-edge industries.

The Bengaluru Global Innovation District will anchor the Knowledge, Well-being, and Innovation City (KWIN City), envisioned as a global hub for innovation and research. This initiative is in light of Karnataka’s first-ever GCC policy, aimed at empowering such centres through focused support and infrastructure. The government’s broader innovation agenda includes the 'NIPUNA Karnataka' program which would create an industry-ready workforce.

Through collaboration with top firms like Microsoft, Intel, and IBM, Karnataka plans to skill one lakh individuals, ensuring the availability of world-class talent. A cluster-based development strategy is being implemented to stimulate balanced regional growth, spotlighting strengths like fintech in Mangaluru, EVs and drones in Hubballi-Dharwad, and PCB manufacturing in Mysuru. Regarding the five MoUs signed at the tech summit with Microsoft, Intel, Accenture, IBM and BFSI Consortium, he said: "They are going to skill one lakh individuals in the state of Karnataka.

Additionally, the Electronics Manufacturing Cluster (EMC) in Kochanahalli, Mysuru, is poised to play a key role in the global semiconductor industry, bolstering job creation and economic growth across urban and rural areas.