Karnataka eyes $300 billion digital economy in next 5 years

News Network
November 19, 2020
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Yediyurappa

Bengaluru, Nov 19: The Karnataka government said on Thursday it is aiming to mould the state into a $300 billion digital economy in the next five years.

It is also targeting to garner 50 per cent market share of India's bio-economy (biotechnology-economy) by 2025.

"One of the key goals of the State is to achieve 50 per cent market share of the national bio-economy target of 100 billion US dollars by the year 2025 and necessary steps have already been taken," Chief Minister B S Yediyurappa said at Bengaluru Tech Summit.

Deputy Chief Minister and the Minister for IT, BT and S&T, C N Ashwath Narayan said, "we will mould Karnataka from the present 52 billion dollar digital economy into a 300 billion dollar digital economy in the next five years."

This would be a strong contribution to the one trillion USD dollar digital economy target set by Prime Minister Narendra Modi, Narayan said.

To realise the goal, the State government has instituted the Karnataka Digital Economy Mission (KDM).

This is a technology mission to further accelerate and promote the growth of the State's digital economy, the Minister said.

"KDM will use the 'Invest India' model to build global linkages for promoting Karnataka's tech industry and enhancing the states brand equity," he said.

"With this initiative, we are targeting revenue of $150 billion in IT exports alone in the next five years," Narayan told the Summit, the State's flagship technology event.

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News Network
February 1,2026

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The coastal city of Mangaluru is gearing up for a major sporting milestone with the launch of a Golf Excellence Academy at the Pilikula Golf Club (PGC), scheduled to open on May 31. The initiative aims to position Mangaluru firmly on India’s national golfing map.

Speaking to reporters on Saturday during PGC’s first-ever floodlit Pro-Am tournament, club captain Manoj Kumar Shetty said the project is being funded by UAE-based philanthropist Michael D’Souza and is currently in the design phase. Experts from leading golf academies across the country are expected to visit Mangaluru to help shape the training programme and infrastructure.

The academy will train 20 young golfers at a time, with a long-term vision of producing national-level players from the region. Until now, PGC relied on an in-house coach, but the recent renovation of the course and the introduction of floodlights have opened new possibilities for expanding the sport.

Shetty said discussions are underway with two reputed coaching academies, whose heads are expected to visit PGC shortly. “A dormitory for trainers is already under construction. We are inviting academies to assess the facilities and suggest changes so we can build a truly world-class Golf Excellence Academy,” he said.

Professional golfer Aryan Roopa Anand noted that the floodlit course would be a game-changer for young players. “Students can now practise after school hours, even up to 8 or 9 pm, without compromising on academics,” he said.

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