S R Patil also said, “The Government of India has given an in-principle approval for setting up of two Brownfield ESDM Clusters, one in Electronics City, Bangalore, at an estimated project cost of Rs 80 crore, out of which Rs 50 crore funding would be done by the Government of India, and another in Mysore at an estimated cost of Rs 30 crore, out of which Centre’s funding will be about Rs 22 crore.”

“The government proposes to enable the MSMEs to become more competitive and reach the market place both in the domestic market and the world market. The IT Department is partnering with leading e-commerce majors such as Snapdeal and Amazon to leverage their market place capabilities for helping the MSMEs. The state government will play the role of a facilitator,” says…?

Government of Karnataka in association with NASSCOM, is setting up 50,000 square feet StartUp Warehouse NextGen that will be India’s first ever Hack-celerator and Internet of Things Lab. The Hack-celerator is a combination of a Hackathon and an Accelerator that will be one of the first few in the world.

Minister also said that in the financial year 2013-14, IT exports from India are estimated to be 1.65 lakh crore which is 16 percent to 17 percent more than the previous year. Bangalore continues to supply about 33 percent of total IT exports from the country.

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