To boost the expansion of early- and growth-stage companies throughout the state, the Karnataka government unveiled two programmes: ELEVATE 2024 and the Karnataka Accelerator Network (KAN). The initiatives, which were presented by Minister Priyank Kharge on October 28, 2024, demonstrate Karnataka's dedication to developing a systematic startup support
Karnataka, the southernmost state of India, intends to reduce taxes and provide financial incentives to companies in the clean mobility sector. This includes a substantial tax reduction for hybrid vehicles, which will be advantageous for Toyota, according to a draft document from the state government. The state of Bengaluru, which
According to a report presented by the Department of Electronics, IT, BT, and S&T, Government of Karnataka, 45 out of India's 112 unicorns are based in Bengaluru, making it a leader in the startup movement. According to the Bengaluru Innovation Report 2024, the city is known
A bill requiring private sector employers in Karnataka to hire locals has been adopted by the Siddaramaiah Cabinet. The law specifies a 50% quota for management roles and a 70% quota for non-management roles. The decision was announced by Chief Minister Siddaramaiah on X, who said that on Monday, the