'Karnataka contributes 22% to global R&D'

Bengaluru, NT Bureau: Karnataka IT Minister Priyank Kharge on Wednesday said the state is at the forefront of innovation, contributing 22 per cent to global R&D, and is leading in areas such as technology services.

The state government is striving to make not just Karnataka but India a skilled nation, research and manufacturing destination, innovation capital and biotech and startup hub, he said.

Speaking at the first edition of CII Karnataka R&D Conclave-2024 here, Kharge said Karnataka is at the forefront of global innovation, contributing 22 per cent to global R&D, and is leading in exports, FDI, and technology services.

"With close to 250 engineering colleges, 44 universities, and 25,000 startups, Karnataka is the R&D and innovation capital of India. We stay committed with industry-friendly policies and continuous investment in science, technology, and education drives," the Minister said.