Bengaluru To Get A New Startup Park In 6 Months: Karnataka CM Bommai Speaking at the inauguration of the 25th edition of Bengaluru Tech Summit 2022 on Wednesday, Bommai also revealed plans to build six new high-tech cities in the state

By Soumya Duggal

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

L-R Karnataka CM Bansavaraj Bommai and Prime Minister Narendra Modi

A new startup park will soon be set up in Bengaluru near the Kempegowda International Airport to help promote various spheres of the startup ecosystem, Karnataka chief minister Basavaraj Bommai has announced.

Speaking at the inauguration of the 25th edition of Bengaluru Tech Summit 2022 on Wednesday, Bommai also revealed plans to build six new high-tech cities in Dharwad, Mysuru, central Karnataka, Mangaluru and Bengaluru within the next six months to promote scientific and technological innovation in the state.

The multi-modal startup park, in particular, will be a knowledge hub to allow entrepreneurs to reflect and develop startup ideas for the overall development of the state and nation, he said. The state-of-the-art park is targeted at boosting specialisations in emerging technology, including agri-tech, climate tech and deep tech.

Addressing a diverse audience at the Bengaluru summit, CM Bommai further noted, "Now it is time for people with knowledge. Every day, around 5,000 engineers visit Bengaluru as there are 400 research and development labs in the state capital. The government has been extending all the help to make 'Beyond Bengaluru' a reality. The IT industry is promoted in Mysuru, Mengaluru and Hubli-Dharwad. The next decade will witness more urbanisation and 40 per cent of the country will be urbanised. So, IT/BT companies will develop technology for the simple living in urban areas. All is possible in Bengaluru."

The summit will reportedly witness at least nine memorandums of understanding (MoUs) and the launch of over 20 products, marking the silver jubilee of the Tech Summit in Bengaluru.

Soumya Duggal

Former Feature Writer

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Branding

Creating a Brand: How To Build a Brand From Scratch

Every business needs good branding to succeed. Discover the basics and key tips to building a successful brand in this detailed guide.

Innovation

It's Time to Rethink Research and Development. Here's What Must Change.

R&D can't live in a lab anymore. Today's leaders fuse science, strategy, sustainability and people to turn discovery into real-world value.

Marketing

How to Better Manage Your Sales Process

Get your priorities in order, and watch sales roll in.

Business News

AI Agents Can Help Businesses Be '10 Times More Productive,' According to a Nvidia VP. Here's What They Are and How Much They Cost.

In a new interview with Entrepreneur, Nvidia's Vice President of AI Software, Kari Briski, explains how AI agents will "transform" the way we work — and sooner than you think.

Starting a Business

Passion-Driven vs. Purpose-Driven Businesses — What's the Difference, and Why Does It Matter?

Passion and purpose are both powerful forces in entrepreneurship, but they are not the same.