Karnataka to establish CoEs in automotive technology, space tech and gaming

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Karnataka to establish CoEs in automotive technology, space tech and gaming

^{Published on 2024-12-13 05:42:16 - moneycontrol.com}

The Karnataka Innovation and Technology Society has recently invited RFPs for the selection of implementing partners for three Centres of Excellence (CoEs). The state government has allocated Rs 10 crore for each CoE over five years.

The Karnataka government has announced plans to establish Centers of Excellence (CoEs) in three key technology sectors: automotive technology, space technology, and gaming. This initiative aims to foster innovation, research, and development in these areas, aligning with the state's vision to become a global hub for technology and innovation. The CoEs will focus on creating an ecosystem that supports startups, encourages collaboration between industry and academia, and drives technological advancements. The move is part of a broader strategy to leverage Karnataka's existing strengths in IT and expand into emerging high-tech fields, thereby boosting economic growth and job creation in the region.

Read the Full moneycontrol.com Article at:
[ https://www.moneycontrol.com/technology/karnataka-to-establish-coes-in-automotive-technology-space-tech-and-gaming-article-12889311.html ]

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Karnataka to establish CoEs in automotive technology, space tech and gaming