Bengaluru Tech Summit: Karnataka eyes pole position in bio, digital economies

BENGALURU: The Karnataka Government is aiming to achieve the top position in India’s bio-economy and digital economy. Chief Minister B S Yediyurappa on Thursday said one of the key goals of the state is to achieve 50 per cent market share of the national bio-economy (biotechnology economy) of $100 billion by 2025, and added that necessary steps have already been taken in this direction.

Addressing the inauguration of the Bengaluru Tech Summit 2020, Yediyurappa assured of Karnataka playing a pivotal role in making India a $5 trillion economy and pointed out that the state already has the most progressive start-up ecosystem. He pointed out that four of the seven start-ups, which had become ‘start-up unicorns’ in India in 2020, were from Karnataka.