KEONICS Invites Bids For New Tech Park In Mangaluru
ECONOMY & POLICY

KEONICS Invites Bids For New Tech Park In Mangaluru

The Karnataka State Electronics Development Corporation Ltd (KEONICS) has issued a request for proposal (RFP) for the establishment of a new technology park in Mangaluru, according to Manjula N, Secretary of the Karnataka Department of Electronics, IT, BT, and Science and Technology.

Speaking to media during her visit to the city on Friday, she said the proposed technology park would play a crucial role in strengthening Mangaluru’s growing IT ecosystem and fostering regional economic growth.

The Karnataka government recently approved the establishment of the new IT park on KEONICS-owned land in Mangaluru. The project will be developed on a 3.285-acre plot along Blueberry Hills Road under a Design, Build, Finance, Operate and Transfer (DBFOT) model through a public-private partnership (PPP).

According to the tender document, the site offers strong potential for IT and ITeS development, providing ample space for modern office infrastructure. As Mangaluru currently lacks a dedicated technology park, this initiative aims to attract diverse IT firms, stimulate job creation, and boost local economic activity.

Manjula highlighted that the Karnataka government is actively promoting IT growth beyond Bengaluru, with emerging clusters in Mangaluru, Mysuru, Hubballi-Dharwad, and Belagavi drawing increasing investment.

She also noted that several nano Global Capability Centres (GCCs) have already set up operations in the Mangaluru-Udupi belt. “There is potential to establish a data centre park in Mangaluru,” she added, emphasising that feasibility studies on power, water, and infrastructure requirements will soon be conducted.

Sanjeev Kumar Gupta, Chief Executive Officer of the Karnataka Digital Economy Mission (KDEM), said that several companies have established operations in Mangaluru in recent years, including one foreign firm that has opened a research and development centre.

Rohith Bhat, Lead Industry Anchor for KDEM’s Mangaluru cluster, added that demand for IT office space in the region has risen sharply due to the growing availability of skilled talent and supportive infrastructure.

The proposed KEONICS technology park is expected to serve as a catalyst for innovation, employment, and sustainable digital growth in coastal Karnataka.

The Karnataka State Electronics Development Corporation Ltd (KEONICS) has issued a request for proposal (RFP) for the establishment of a new technology park in Mangaluru, according to Manjula N, Secretary of the Karnataka Department of Electronics, IT, BT, and Science and Technology. Speaking to media during her visit to the city on Friday, she said the proposed technology park would play a crucial role in strengthening Mangaluru’s growing IT ecosystem and fostering regional economic growth. The Karnataka government recently approved the establishment of the new IT park on KEONICS-owned land in Mangaluru. The project will be developed on a 3.285-acre plot along Blueberry Hills Road under a Design, Build, Finance, Operate and Transfer (DBFOT) model through a public-private partnership (PPP). According to the tender document, the site offers strong potential for IT and ITeS development, providing ample space for modern office infrastructure. As Mangaluru currently lacks a dedicated technology park, this initiative aims to attract diverse IT firms, stimulate job creation, and boost local economic activity. Manjula highlighted that the Karnataka government is actively promoting IT growth beyond Bengaluru, with emerging clusters in Mangaluru, Mysuru, Hubballi-Dharwad, and Belagavi drawing increasing investment. She also noted that several nano Global Capability Centres (GCCs) have already set up operations in the Mangaluru-Udupi belt. “There is potential to establish a data centre park in Mangaluru,” she added, emphasising that feasibility studies on power, water, and infrastructure requirements will soon be conducted. Sanjeev Kumar Gupta, Chief Executive Officer of the Karnataka Digital Economy Mission (KDEM), said that several companies have established operations in Mangaluru in recent years, including one foreign firm that has opened a research and development centre. Rohith Bhat, Lead Industry Anchor for KDEM’s Mangaluru cluster, added that demand for IT office space in the region has risen sharply due to the growing availability of skilled talent and supportive infrastructure. The proposed KEONICS technology park is expected to serve as a catalyst for innovation, employment, and sustainable digital growth in coastal Karnataka.

Next Story
Infrastructure Urban

Vedanta Secures AA+ Rating from ICRA

Vedanta Group has received its highest domestic credit rating in over a decade after ICRA upgraded the long-term ratings of Vedanta Limited and Vedanta Aluminium Metal Limited to AA+ with a Stable outlook. Talwandi Sabo Power Limited was also upgraded to AA-/Stable from A+/Watch Developing, while the group’s short-term rating was reaffirmed at A1+.The rating action marks Vedanta’s highest domestic credit rating since 2014. Vedanta Limited and Vedanta Aluminium Metal Limited, two of the largest entities emerging from the demerger, together account for over 75 per cent of the group’s long-..

Next Story
Infrastructure Urban

Netrasemi Launches Edge AI Chip A2000

Fabless semiconductor startup Netrasemi has launched its flagship Edge AI system-on-chip, A2000, after achieving successful silicon bring-up. Fabricated at TSMC’s 12 nm technology node, the chip is designed for on-device AI, smart vision, real-time video analytics and secure edge computing.A2000 features Netrasemi’s in-house Neural Processing Unit, Vision Processing Unit, Image Signal Processor, crypto engines and other hardware acceleration IP cores. It also uses the company’s patented heterogeneous graph-stream parallel processing architecture.The chip targets applications such as smar..

Next Story
Infrastructure Energy

Sigenergy Launches AI Agent For Energy Systems

Sigenergy has introduced SigenAgent, described as the energy industry’s first all-domain AI agent, during its ‘AI in All’ event. The platform is designed to move solar-and-storage systems from reactive hardware to autonomous, goal-driven energy systems for households and businesses.SigenAgent works through a continuous loop of perception, reasoning and action. It analyses real-time factors such as weather patterns, electricity prices and grid conditions to determine and execute the most efficient operating strategy. Users can set broad goals, such as reducing electricity bills or securin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->