Plan to give startups a boost, create 20 lakh jobs: Karnataka DyCM Ashwath Narayan

News Network

December 15, 2020

Bengaluru, Dec 15: The Karnataka government intends to stimulate the growth of 2,000 electronics system design and manufacturing (ESDM) startups by 2022 and create 20 lakh jobs by 2025, Deputy Chief Minister of the state Dr C N Ashwath Narayan said on Monday.

Dr Narayan, who holds the electronics, IT/BT portfolio, said at an event organised by the Indian Electronics Semiconductors Association (IESA) to award 'technovation' winners of the ESDM sector.

He exuded confidence in achieving the target through skill development, quality infrastructure, eco-system support, encouragement to startups, and ease of doing business.

"The ESDM industry is one of the fastest-growing sectors in the country and can play a huge role in its economic recovery," Narayan said. "Accordingly, the Central government has instituted forward-looking policies to foster the growth of the electronics eco-system," he said.

According to him, Karnataka contributes 64 per cent to the ESDM exports and 10 per cent to electronics industrial output.

"The state is the nation's largest chip design hub. Nearly 70 per cent of the chip designers are based here," Narayan said.

Stating that the state has a policy that encourages the growth of the ESDM sector, he said the government has introduced many incentives and relaxations to promote the setting up of startups.

During the programme, startups, which bagged the award, were Path Shodh, Hack Labs, Devic Earth, Acceleron Labs, EVQpoint and AlphaIC.

In the startup incubator category, SINE and IIT- Mumbai were given the award.

In the medium, small and the micro enterprises (MSME) category, Saankhya Labs, SkanRay, iWave and Sahasra got the award while AMD, BEL, Einfochips and Wistron were awarded for being an enterprise.

Nivrut Rai, Prof Ramagopala Rao, Prof A Paul Raj and Aruna Sundararajan were given the award of techno-visionary.

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Why Mangaluru Could Become India’s Next Offshore Wind Energy Hub

News Network

February 3,2026

Dakshina Kannada MP Capt Brijesh Chowta has urged the Centre to give high priority to offshore wind energy generation along the Mangaluru coast, citing its strategic importance to India’s green energy and port-led development goals.

Raising the issue in the Lok Sabha under Rule 377, Chowta said studies by the National Institute of Oceanography have identified the Mangaluru coastline as part of India’s promising offshore wind ‘Zone-2’, covering nearly 6,490 sq km. He noted that the region’s relatively low exposure to cyclones and earthquakes makes it suitable for long-term offshore wind projects and called for its development as a dedicated offshore wind energy zone.

Highlighting the role of New Mangalore Port, Chowta said its modern infrastructure, multiple berths and heavy cargo-handling capacity position it well as a logistics hub for transporting and assembling large wind energy equipment.

He also pointed to the presence of major industrial units such as MRPL, OMPL, UPCL and the Mangaluru SEZ, which could serve as direct buyers of green power through power purchase agreements, improving project viability and speeding up execution.

With Karnataka’s peak power demand crossing 18,000 MW in early 2025, Chowta stressed the need to diversify renewable energy sources. He added that offshore wind projects in the Arabian Sea are strategically safer compared to the cyclone-prone Bay of Bengal.

Calling the project vital to India’s target of 500 GW of renewable energy by 2030, Chowta urged the Ministry of New and Renewable Energy to initiate resource assessments, pilot projects and stakeholder consultations at the earliest.

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