The KIG 2020 Group will set up multiple ICT incubation centres across the state to promote an entrepreneurship culture.
The Karnataka government has unveiled a special initiative called Karnataka ICT Group(KIG 2020) to accelerate growth of the information, communication and technology (ICT) industry, about which TOI reported earlier this week.
At the inaugural session, chief minister DV Sadananda Gowda said the state has set up a new body which has a mandate to take ICT export revenues from the current $25 billion to $70 billion and also to create 14 lakh new jobs over the current base of over 8 lakh by 2020.
The KIG 2020 Group will set up multiple ICT incubation centres across the state to promote anentrepreneurship culture. The target is to incubate 1,000 tech entrepreneurs over the next eight years.
"Bangalore/Karnataka has the highest concentration of ICT business outside of Silicon Valley in the US, but we're yet to create a culture of entrepreneurship. We need to incubate hundreds of entrepreneurs, each one can develop an enterprise and each enterprise can offer jobs for hundreds and thousands of jobs," said T V Mohandas Pai, chairman, Manipal Global Learning, who will head this group.
Among other members are Prof S Sadagopan, director IIIT-B, BV Naidu, former director ofSoftware Technology Parks of India and serial entrepreneur Sumit Ghosh. The group will work towards enabling the state to aggressively invest in developing secondary cities like Hubli, Dharwad, Mangalore, Belgaum, Gulbarga, Mysore and Shimoga. The group's first meeting is scheduled for June 9.
At the inaugural session, chief minister DV Sadananda Gowda said the state has set up a new body which has a mandate to take ICT export revenues from the current $25 billion to $70 billion and also to create 14 lakh new jobs over the current base of over 8 lakh by 2020.
The KIG 2020 Group will set up multiple ICT incubation centres across the state to promote anentrepreneurship culture. The target is to incubate 1,000 tech entrepreneurs over the next eight years.
"Bangalore/Karnataka has the highest concentration of ICT business outside of Silicon Valley in the US, but we're yet to create a culture of entrepreneurship. We need to incubate hundreds of entrepreneurs, each one can develop an enterprise and each enterprise can offer jobs for hundreds and thousands of jobs," said T V Mohandas Pai, chairman, Manipal Global Learning, who will head this group.
Among other members are Prof S Sadagopan, director IIIT-B, BV Naidu, former director ofSoftware Technology Parks of India and serial entrepreneur Sumit Ghosh. The group will work towards enabling the state to aggressively invest in developing secondary cities like Hubli, Dharwad, Mangalore, Belgaum, Gulbarga, Mysore and Shimoga. The group's first meeting is scheduled for June 9.
