4,000 Karnataka Startups Received Investment of $1 Billion in 2 Years
Karnataka continues to lead the country in the Information Technology and Bio Technology sectors, and over 4000 start-ups have received investments of USD 1 billion over the past two years, Karnataka Governor Vajubhai Vala today said.
In his customary address to the joint sitting of the state legislature reflecting government's policies and priorities, he said public transport and scientific traffic management are essential to address the traffic problems faced by this IT city.
"Karnataka continues to lead the country in the Information Technology and Bio Technology sectors, which are growing at a rate of 10 per cent to 12 per cent a year and creating new avenues for employment," Vala said.
He said "With the launching of a new start-up policy the state has retained its lead as one...