Karnataka’s IT and BT Minister Priyank Kharge informed the Assembly that the state’s IT exports are projected to exceed Rs 5.50 lakh crore this year. The minister highlighted the growth trajectory, with exports reaching Rs 3.55 lakh crore in 2022-23, rising to Rs 4.09 lakh crore in 2023-24, and hitting Rs 4.58 lakh crore in 2024-25. Kharge expressed confidence in surpassing the Rs 5.50 lakh crore mark by the end of the current fiscal year.
Kharge detailed the contributions from different regions, noting that Mysuru, Mangaluru, the coastal region, Belagavi, and Hubballi play significant roles in Karnataka’s IT exports. He emphasized the need for creating conducive environments to accelerate local economies, particularly in regions like Mangaluru. Kharge underscored the disparities in GDP contributions across districts, pointing out the potential for growth with strategic investments and supportive policies.
The minister outlined various initiatives and collaborations aimed at fostering IT growth in Karnataka, including signing multiple MoUs with IT companies statewide. He highlighted the Economic Accelerator Programme focusing on clusters like Manipal, Udupi, and Mangaluru, along with the release of a seed fund and support for startups. Kharge also addressed demands for simplifying criteria for IT park setups in the coastal region and introducing policies like Ocean Farming to leverage the area’s potential.
Kharge responded to queries about developmental plans for districts like Kalaburagi, emphasizing the importance of leveraging geographical and demographic advantages for growth. He compared the advantages of coastal Karnataka, particularly in sea farming, with the challenges faced in other regions like Kalaburagi. The minister assured a comprehensive approach to development, targeting growth opportunities across the state to enhance GDP contributions.
