Bengaluru: Karnataka's Minister for IT/Bt and Science Technology C.N. Ashwath Narayan said in Dubai that the state is keen to offer ground-breaking solutions to private companies and government organisations of UAE. The minister was addressing the inauguration ceremony of three-day event 'World Dubai Expo 2020'on Saturday.
He said that some of the sectors in the UAE are witnessing massive presence of Indians, especially Bengaluru based start-ups and tech majors.
"Karnakata government which is playing the role of a facilitator has been undertaking all tech-focused initiatives in line with achieving the vision set by our Prime Minister Narendra Modi to make India reach the 5 trillion dollar economy by 2025. Shared economic visions and geopolitical outlooks have spurred the two sides (Karnataka and UAE) to seek to expand cooperation across multiple domains including in investment, technology, and the knowledge economy", Minister Narayan explained.
Karnataka is one of the prosperous states in India with an estimated GDP of $220 billion and has been a leader in sectors of Information Technology, I-T enabled services, Electronics, Machine Tools, Aerospace, and Biotechnology, he pointed out.
Further, the Minister added, "Karnataka has a robust Startup which includes MNCs/GCCs, incubators, and accelerators. Besides, the State is home to premier higher education institutions such as the Indian Institute of Science (IISc), the Indian Institute of Management (IIM), the International Institute of Information Technology (IIIT), and several others. The state has sector-specific policies for IT, BT, Electronics System Design & Manufacturing (ESDM), Animation, Visual Effects, Gaming and Comics (AVGC) to give a push to the growth of the technology sectors and innovation in the State."
He said Karnataka is a leading global innovation hub thanks to partnerships established with innovation hubs such as the UAE, adding that the government of Karnataka is interested to strengthen its relationship with the UAE on common grounds of innovation and technology.