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Karnataka Shifts Gears From IT Services To Deeptech

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SUMMARY

Karnataka secured investment commitments to the tune of INR 2,600 Cr on day two of the summit across sectors such as semiconductor manufacturing, battery technologies and biotech

At the summit, deputy CM also announced plans for an international business complex in Bengaluru and a 9,000-acre AI City in Bidadi, all of which sit around Bengaluru

This follows CM Siddaramaiah saying that the state’s new space tech policy sets out a plan to capture half of India’s space market and 5%…

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