World Youth Skills Day

Government of Karnataka Announces State Policy for Engineering, Research and Development in Collaboration with NASSCOM

NASSCOM has supported the Government of Karnataka in formulating the policy initiatives which will propel the R&D on an accelerated growth trajectory

The Department of IT & BT, Government of Karnataka in collaboration with the National Association for Software and Service Companies (NASSCOM) announced the Karnataka State policy for Engineering, Research and Development (ER&D). The policy was approved by the Karnataka cabinet. The first-of-its-kind policy intends to foster innovation & ecosystem, enhance MNC ER&D penetration in the state, enable the skill development required to address the critical and evolving needs of changing global technology landscape and evangelize “ER&D Prowess” to the world.

Speaking on the policy launch, Dr Ashwathnarayan CN, Deputy Chief Minister of Karnataka said: “The new policies are focused on invigorating the R&D landscape in the state and enhancing its global competitiveness. We expect the new policies to improve the FDI inflows in R&D and provide a boost to the innovation & research ecosystem.”

NASSCOM has supported the government in formulating the policy initiatives which will propel the R&D in Karnataka on an accelerated growth trajectory.

Expressing her views on the policies, Debjani Ghosh, president, NASSCOM, said: “NASSCOM is proud to be associated with this high impact policy initiative focusing on fostering Engineering and R&D in Karnataka. We strongly believe that the new policies will provide a big impetus to the growth of ER&D ecosystem within the state. The state of Karnataka has been the pioneer in creating a thriving ecosystem for R&D and these policies will further strengthen its position as the prime destination for Engineering and Research within the country. The new policy initiatives will provide a benchmark for other states to follow and would help India become a global hub for Research and Development.”

The government has designated a budget to drive the policy initiatives. Some of the proposed grants as a part of the policy include:

  • Enhance MNC R&D penetration by providing subsidies to global organizations looking to establish new R&D facilities or expand existing R&D facilities in the state.
  • Foster innovation and R&D ecosystem by funding commercial innovation & research programs in emerging technologies, establishing world-class R&D infrastructure (Testing & prototyping) to broaden portfolio of R&D services, assisting establishment of open innovation labs for corporate-startup collaboration and facilitating digital Innovation with Govt. Entities to support Industry by allowing “field trial” on govt. infrastructure.
  • Expand depth and scale of advanced R&D skillsets within the state through sponsorships for industry supported research in academia, fellowship programs, student internships and certifications in emerging skills in R&D.

Commenting on the policies, Dr. EV Ramana Reddy, IAS, Additional Chief Secretary, Department of IT & BT, Urban Development, said: “The new policies were drafted with a well-defined focus on stimulating the R&D industry within the state and creating an environment which encourages innovation. We are confident that with these new policies, Karnataka can establish itself as a global R&D hub and deliver an exponential growth in foreign investments in R&D.”

These policies would catalyze state government’s ambition of developing Karnataka as the leading Global Digital Engineering R&D destination. Speaking on the policy Dr.  Ajay Prabhu, President, QuEST Global & Chair for NASSCOM Engineering, R&D Council, said “ER&D Policy is a giant step by GoK to make Karnataka a leader in Engineering R&D in this part of the world. Kudos to GoK & NASSCOM for conceptualizing this progressive best-of-its-kind policy”

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