Karnataka units goal to triple its bioeconomy to $100 billion by 2030 

Karnataka has set goal to triple its Bioeconomy to $100 billion by 2030, positioning itself as a number one world biotechnology vacation spot. The state goals to realize this by cultivating a dynamic ecosystem that pulls prime expertise, develops world-class infrastructure, drives cutting-edge analysis and innovation, fosters worldwide collaboration, entrepreneurship, and inclusive financial development. Talking … Read more

Microsoft plans to signal MoU with Karnataka for skilling in Generative AI

Karnataka Massive and Medium Industries Minister M B Patil has mentioned that Microsoft is planning to signal a Memorandum of Understanding with the State authorities to reinforce expertise in Generative AI and different rising applied sciences. The announcement adopted a gathering between the Minister and a Microsoft delegation led by Puneet Chandok, President of Microsoft … Read more

Karnataka authorities within the highlight once more; Plans to amend the 14-hour workday invoice 

The Karnataka authorities is planning to evaluation the proposed modification to the Karnataka Outlets and Industrial Institution Act which proposes extending the working hours within the IT sector from the present 10 hours per day to a 14-hour workday. The reconsideration is available in response to sturdy opposition from IT sector unions like KITU Karnataka State … Read more

Karnataka briefly suspends job quota invoice after backlash from trade

The Siddaramiah-led Congress authorities in Karnataka late on Wednesday night time suspended the introduction and implementation of a proposed jobs quote invoice for locals within the non-public sector after backlash from the trade. In a social media put up, the CM claimed that the invoice was nonetheless beneath preparation however gave no clarification on why … Read more

Robusta espresso continues to realize on provide points in Vietnam, Indonesia

Costs of robusta espresso proceed to maneuver up in India in sync with the worldwide pattern on provide points in Vietnam, the most important producer, whereas the arabica costs are largely ruling steady. Costs of robusta cherry, the broadly produced selection within the nation, crossed the ₹10,000-mark for a 50-kg bag just lately and are … Read more

TVS Electronics expands EMS functionality at Tumakuru facility in Karnataka

IT peripherals maker TVS Electronics has introduced the addition of an electronics manufacturing providers (EMS) functionality on the Tumakuru facility in Karnataka. The introduction of a floor mount expertise (SMT) line that appears to revolutionise requirements in precision and adaptability has been deliberate because the keystone for this enlargement. This plant supplies end-to-end options together … Read more

64 Initiatives value ₹3587 crore get accepted in Karnataka

Karnataka has accepted 64 tasks totalling investments of ₹3587.67 crore on Friday. These tasks are projected to generate employment for roughly 13,896 individuals throughout the state. The 146th State-Degree Single Window Clearance Committee (SLSWCC) accepted these tasks. Among the many notable approvals are proposals from Worldwide Battery Firm India Personal Restricted and River Mobility Personal … Read more

Past Snack opens new manufacturing facility at Tumkur 

Past Snack, a number one Kerala banana chips model, has introduced the inauguration of its new manufacturing facility at India Meals Park in Tumkur in Karnataka. The state-of-the-art facility spans 60,000 sq ft over 2 acres and incorporates cutting-edge know-how to make sure precision slicing and utmost management of the cooking course of. With a … Read more

Photo voltaic open entry installations doubles to 1.8 GW on this March quarter

Within the first quarter of 2024, the nation added over 1.8 GW of photo voltaic open entry capability, doubling from 909 MW within the fourth quarter of 2023, in response to a report by Mercom India. In March 2024 quarter, photo voltaic open entry builders benefitted from decrease Chinese language module costs and the suspension of the … Read more

India’s 2024-25 espresso crop could also be affected by extended dry situations

A protracted dry spell triggered by lack of pre-monsoon showers in the important thing espresso producing areas of India will possible have an adversarial impression on the following yr crop beginning October, growers concern. The espresso rising districts of Karnataka resembling Kodagu, Chikkamagaluru and Hassan and in Kerala’s Wayanad are witnessing extended dry spells and … Read more