PRESS RELEASE

INDIA’S SMART CITY DESIGNATE – BELAGAVI GETS
K-TECH INNOVATION HUB

Belagavi, 17 July 2018: Shri. K J George, Hon’ble Minister for IT/BT & ST, Large and Medium Scale Industries including Sugar, Government of Karnataka, today inaugurated the K-Tech Innovation Hub (K-TI Hubs) in Belagavi in the presence of Shri. Gaurav Gupta, Principal Secretary, Industries, IT/BT and ST and Ms. Deepanwita Chattopadhyay, Chairman and CEO, IKP Knowledge Park. The new K-Tech Innovation Hub brings the World Class Innovation Ecosystem to Belgaum. The
K-Tech Innovation Hub provides space and infrastructure, instrumentation, prototyping facilities, business setup support, and the world class innovation network and connections under one roof. Unlike an IT Park that offers an empty building, the K-Tech Innovation hub leverages the globally connected ecosystem, and brings infrastructure similar to the MIT Fab Lab to Belagavi. The K-Tech Innovation Hub is a ‘Product Startup Incubator cum Common Instrumentation Facility’ located in an 8,000 sq ft building. The Government intends to establish five such K-TI Hubs across the state.

Speaking at the inauguration, Shri K J George announced that the other four K-TI Hubs will be established shortly at Jalahalli Bengaluru Mangaluru, Shivamogga and Mysuru. “The Government has decided to establish these facilities in tier-II cities in order to leverage the existing manufacturing clusters and the local human resource available in the academic and industrial bodies. The intent is to engage with all the key stakeholders in the local ecosystem for the sustainability of these facilities. The five K-TI Hubs will encourage innovations, stimulate entrepreneurship, create technology based startups, catalyse success, provide employment and opportunities for re-skilling and fuel economic growth.” he said

The State Government, through the Department of IT/BT and ST, has appointed IKP Knowledge Park, a ‘Science Park and Technology Business Incubator’, which has prior experience in establishing and operating Incubation Centres and Common Instrumentation Facilities as Programme Manager. These new Centres will operate in a networked mode and will be linked to IKP’s Hardware Product Incubator, IKP-EDEN in Bangalore. IKP is the largest science park and incubation center. The inception of IKP goes back to 1998. The Government of Karnataka’s
IT/BT & ST department launched IKP EDEN (IKP Engineering, Design and Entrepreneurship Network) in Bangalore in September 2015. The K-Tech Innovation Hub in Belagavi is based on the IKP EDEN model.

“We envision Karnataka as the innovation and technology capital of the world. We are keen to create a robust ecosystem where all stakeholders thrive by benefitting from the support provided and mentorship. Disruptive technologies are the new growth curve. With the opportunities that these technologies provide, this innovation centre is strategically poised to achieve its vision of retaining the leadership position as India’s startup capital. The Government is hopeful that the establishment of the 5 K-TI Hubs across the state will go a long way in reaching the grand goal of encouraging 6,000 product based startups in the state as envisaged in the Startup Policy 2025. The 2020 plan of the Government is to make Belgaum a technology super-center in 5 years. A tech park is planned at Belgaum. Entrepreneurs, Startups and SMEs should be able to walk in and walk out of Belgaum as successful companies with the same ease as the Silicon Valley, or Israel or our very own Bengaluru. We hope to grow not just the IT industry in Belgaum, but also the manufacturing and hardware product development ecosystem here.” Shri K J George said.

Belagavi is a prominent centre for the manufacture of heavy machine tools, including the manufacture of high-pressure oil hydraulics systems and is a strong industrial hub for machine shops catering to automotive manufacturing, especially crankshaft machining castings and helmets. Belgaum is also the Foundry Hub of Karnataka state, with more than two hundred foundries producing automotive and ferrous based industrial castings and supporting ancillaries like CNC. It is also a large trading centre.

“K-Tech Innovation Hub will give a boost to technology-based and product-oriented startups that require access to R&D and prototyping labs, specialized staff for assistance with design, help in sourcing of raw materials, design for manufacturing and most importantly access to an entrepreneur community of likeminded hardware innovators and MSMEs.” Shri K J George added.

Belagavi has already been designated as one of the Smart Cities of India and the K-TI Hub will work towards transforming the city into a Nextgen Innovation City of the country.

For further details or queries please contact Bose Communications – Velu on 9986938281 or Adrian Dass on 8050544115