Bangalore will become single largest IT cluster by 2020

By: admin
Updated: 21 Oct 2013 09:11 AM

Bangalore: The country's technology
hub Bangalore will become the single largest IT cluster in the world by
2020, a top Karnataka government official said today.

"Bangalore, you believe it or not- is going to become the single largest
IT cluster on the planet by 2020. We will have 20 lakh IT professionals in
one location- namely Bangalore and 60 lakh indirect employment because of
that, and Rs four lakh crore exports by 2020," Srivatsa Krishna, Secretary
to Government, Department of IT, BT and S&T Government of Karnataka,
told reporters here.

"The corresponding figures for today are nine lakh direct employment, 27
lakh indirect employment and Rs 1.65 lakh crore exports today; ....if you
see numbers of Chennai and Hyderabad -our neighbours put together-
combined don't come up to even half of Karnataka's numbers," he added.

He said this was the primary reason the state government has decided to
come out with a new IT, ITeS and innovations policy which the Chief
Minister would announce tomorrow.

Krishna was speaking at a press conference organised to share details on
Bangalore scheduled to be held here from October 22 to 24. 2013, an initiative of Department of IT, BT and S&T, along
with STPI, Bangalore- is to be attended by IT and electronics majors,
policymakers, MSMEs and start-ups and academia.

Pointing out that Bangalore ITE is in its 16th edition, Krishna said the
difference this time around was that the focus would be away from
traditional IT and ITes.

"The focus is on electronics which is increasingly becoming major part of
IT. The focus will be on start-ups, creating entrepreneurial ecosystem and
on bringing together knowledge event and partners who are really
redefining the IT space that we know," he added.