Mysuru to get INR 1400 crore investment creating employment for 12,000 people

21.10.2022, Bengaluru: The Government of Karnataka today unveiled the blueprint for Beyond Bengaluru initiative for the Mysuru cluster consisting of Mysuru, Mandya, Ramnagara and Chamarajanagara.

  • Mysuru will be declared the Semicon Valley of India while ensuring a conducive environment for semiconductor manufacturing
  • Mysuru will also get its own International Airport
  • On the education front, plans for the merging of a Centre of Excellence of IISc with cyber verse, setting up of Karnataka Skills University, IIT and AIIMS Mysuru are on the anvil
  • A Centre of Excellence on robotics and metaverse will also be established
  • 100 percent green public transport along with moniker of cleanest city in India

Dr. C N Ashwath Narayan, Minister for IT & BT, Science & Technology, Higher Education, Skill Development, Entrepreneurship & Livelihood, Government of Karnataka further added, “Mysuru cluster has garnered investor interest of INR 1400 crore to develop Electronics Manufacturing Clusters. This is also expected to generate more than 12,000 jobs. The government will aim to work toward fulfilling demands of the industry and developing the Mysuru ecosystem.”

It is estimated that by the year 2030, the cities of Beyond Bengaluru would be contributing ~USD 10 Bn towards the IT industry, with an employment potential of ~10,00,000 people and the establishment of ~10,000 start-ups.

The announcements were made at The Big Tech Show, a two-day event conducted by Karnataka Digital Empowerment Mission (KDEM) to bring together industry leaders, policy makers, R&D community, and representatives from start-ups to ignite the next wave of development from the Beyond Bengaluru cluster of Mysuru. The Big Tech Show is also a pre-cursor to the Karnataka Government’s Bengaluru Tech Summit 2022 to be held between 16-18 November.

Trishika Kumari Wadiyar from the erstwhile royal family of Mysore and former Director of SATCOM programme of ISRO Anuradha T.K. were part of the KDEM’s Women at Work (W@W) sessions.

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