Bengaluru: Chief Minister H D Kumaraswamy on Thursday inaugurated the 21st edition of Karnataka State’s flagship Information Technology and Biotechnology event, ‘Bengaluru Tech Summit’.
Addressing the press persons after inaugurating the three-day event Kumaraswamy said that this tech summit is a unique platform provided by the Karnataka government for deliberating on innovation and its impact on the industry.
When it comes to Foreign Direct Investment and employability Karnataka stands first. The IT, BT and related sectors in Bengaluru alone have provided employment to over 3 million, he informed.

He further said that as per a study conducted by Consultancy firm Zinno the number of Engineering and R and D Centres of Multi-national companies in India increased from 943 in 2016 to 976 in 2017.
The government today announced a new “Invention Authority” to promote technology-based neo-liberalism, said CM Kumaraswamy. Inaugurating the three day ‘Bangalore Tech Summit -2018’ organized by the State Science and Technology and IT-BT department on the Palace ground, he announced this Thursday.
“Bangalore’s IT-BT field is at the forefront of my achievement. The Authority will be formed in the CM presidency to encourage new technology and innovation. It will be helpful to continue commercial activities with legal property through intellectual property rights, “he said. richer | ” Rs 50 Lakhs To Government Startup Beginners Assistance. In the current year, Rs 16 crore will be provided to the 77 New invention . Grant is set. Rs 1.11 crores for the High Commodity It is dedicated, “he said. Prior to the invention of the Center for Discovery “, a million lakh Direct Employment and 30 lakh Indirect employment has been created from Bangalore’s IT-BT enterprises. The number of 943 companies in 2016 increased to 976 in 2017. Of these, 65% of US companies are becoming the preferred destination for global companies and investments in Bangalore.
The Government will set up a Discovery Center with the help of ‘C-Can’ to bring new technologies back. The 58 concubation center has already started and the farm related research centers will be opened, “Kumaraswamy explained. IT-BT Minister KJ George is the Karnataka Leader of the IT-BT field of the country. The government will provide all kinds of cooperation to secure this position. We have dreamed of finding innovations in establishing incubation center in colleges, “he said. Minister Priyanka Kharge, Chief Secretary Vijaybaskar, Honorary Gupta, Kiran Mazumdar Shaw of Biocon’s Organization, France Ambassador Alessandar et al. Minister RV Deshpande announced that the next year’s ‘Conference Conference’ will be planned to be employed in the unemployed by organizing ‘skill conference’ next year.
“Karnataka is a safe place for investment in the world. Has emerged as the capital of the country’s neo-liberalism. Business sector mobilizers must take serious consideration to prevent job creation decline. The atmosphere will be organized by creating a skilled conference and creating jobs, “he said. Further infrastructure network should be expanded for IT-BT industry growth.

In addition to giving priority to our partners, we need to make a profit for the business of society. – Chris Gopalakrishnan, co-founder of Infosys, is investing $ 650 million in India and will be able to utilize the 3rd computer modules field.
Australia government appreciates IT knowledge in Bangalore. – Kate Jones, Australia IT Minister

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