Karnataka Launches Global Innovation Hub at Airport City

20 Jun 2025 CW Team

The Government of Karnataka, in collaboration with Bengaluru Airport City Limited (BACL) and ANSR, has launched a global innovation hub named District I at Bengaluru Airport City's business park. The initiative aims to elevate India’s innovation ecosystem to a global scale by fostering collaboration among startups, academia, enterprises, and government bodies.

District I will serve as a platform for deep-tech entrepreneurship, enterprise innovation, and commercialisation of academic research. It brings together Global Capability Centres (GCCs), IT firms, corporate labs, startups, venture capitalists, and public institutions to promote co-innovation. Focus areas include AI, blockchain, quantum computing, aerospace, defence, smart cities, and financial services.

The hub is part of the 28 million square foot business park at Bengaluru Airport City, a mixed-use development integrating R&D hubs, education and health districts, hospitality, and entertainment. Facilities include a central kitchen, 3D printing unit, a planned airport-based concert arena, and convention centre. The city will host around 5,200 hotel rooms, including properties by Taj, Vivanta, and Ginger.

Designed as a renewable-energy-powered smart city, Bengaluru Airport City has received an IGBC Green Cities Platinum rating and follows sustainable practices aligned with the UN Sustainable Development Goals, including water harvesting and green infrastructure.

Ekroop Caur, Secretary at the Department of Electronics, IT, BT and S&T, stated that the initiative would make Bengaluru a global innovation capital, while BACL CEO Rao Munukutla said District I is a launchpad for innovators and part of a broader goal to shift India from job seekers to job creators. Lalit Ahuja, CEO of ANSR, added that the hub will redraw the global innovation map, unifying the city’s strengths on a single collaborative platform.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..