“Karnataka, home to over 400 Global Capability Centres (GCCs) is ready with draft a policy on GCCs and will be sharing with all stakeholders soon so that it will be unveiled at the Bengaluru Tech Summit 2024 (BTS 2024) set to take place from November 19 to November 21, 2024” said Priyank Kharge, Minister for IT, Bt, Government of Karnataka.

Speaking at the Global Innovation Alliance (GIA) Partners meet at BTS 2024, Kharge said “Bengaluru is not just the tech capital of India; it’s a globally recognised hub for innovation, research, and technology-driven growth. The state’s dynamic ecosystem has attracted over $45 billion in foreign direct investment, with global giants establishing significant R&D centres here. With over 15,000 startups and a startup valuation of $180 billion, Karnataka is at the forefront of global innovation. It is also the leading destination for GCCs, with more than 400 centres already established in Bengaluru, making up over 40 per cent of all GCCs in India."

Kharge further emphasised the importance of Bengaluru and Karnataka as a global hub for technology collaboration. He stated, “The Bengaluru Tech Summit has been instrumental in bringing together the brightest minds from around the world, and I strongly urge our Global Innovation Alliance (GIA) partners to include BTS 2024 in their event calendars. Active participation will not only contribute to our shared technology future but also help continue creating high-quality jobs, driving economic growth, and building a more connected, sustainable, and inclusive world. Karnataka remains the destination of choice for global technology collaboration, and we look forward to welcoming our GIA partners to explore new opportunities and drive innovation together.”

Bengaluru Tech Summit 2024 under the theme ‘Breaking Boundaries’, will provide unbound opportunities that will feature a range of activities including a 6-track Conference covering IT & Deep Tech, Biotech & Healthtech, Startup Ecosystem, Global Innovation Alliance, India-USA Tech Conclave and newly added Electro-Semicon track. The Conference will host over 85 sessions featuring 460+ speakers.