Key Highlights
Karnataka’s Minister for Electronics and IT, Priyank Kharge, announced a major proposal for a tech park in Mangaluru, with an investment of Rs 3,500 crore, set to come before the state cabinet soon for approval
The project will span 3.25 acres with a built-up area of 3.5 lakh square feet, aimed at making Mangaluru a thriving hub for technology, startups, and innovation beyond Bengaluru
As part of the Karnataka Digital Economy Mission’s Beyond Bengaluru programme, this facility is expected to generate thousands of high-skilled jobs and bolster the region’s economic growth
Strategic Vision and Regional Impact
The tech park aligns with Karnataka’s ambitious Global Capability Centres (GCC) policy targeting 500 new GCCs in the state by 2029, which promises to create 3.5 lakh jobs
Mangaluru, with its skilled workforce, educational institutions, and strong connectivity, is seen as a strategic contender for evolving into a robust IT cluster comparable to Bengaluru
The government is also working on introducing a circular economy policy and innovative initiatives like Elevate AI 100 to foster startup ecosystems and technological advancements
Future Plans and Support
Officials aim to submit detailed energy and infrastructure plans supporting sectors like data centers, AI corridors, and FinTech centers for Mangaluru in upcoming budget sessions
Collaboration with Union and State governments, industry leaders, and academia is expected to accelerate Mangaluru’s transformation into a significant technology destination
Sources: Mangalore Today, Times of India, Economic Times, Daijiworld, Moneycontrol