Bengaluru: Karnataka Minister for Higher Education, IT and BT, Dr. C N Ashwath Narayan on Thursday said HCL, Applied Material, Rakon, and Chint have come forward to invest more than Rs 5,000 crore in the state.

Addressing reporters at the Bengaluru Tech Summit 2021, he said this investment will entail the generation of more than 15.000 jobs in the state.

He said taking a cue from the attractive electronic systems design and manufacturing policy announced by the government, IFB and Tejas have evinced interest in setting up their manufacturing facility in the state. Besides, GTM has also conveyed its expression of interest to set up a unit in Chamarajanagara.

Of the companies that have shown interest in investment, Dr. Narayan said some have been provided with the land while facilities are expected to be extended to the remaining companies.

The minister said as a result of the investment, facilities to manufacture semiconductors, electronics, solar cells, washing machines, and motors for air conditioners will be possible./eom

SmartBio, Bengaluru Impact Awards given away

Bengaluru: Five companies won the SmartBio awards and 15 start-ups were given away Bengaluru Impact awards on the second day of the Bengaluru Tech Summit 2021 on Thursday.

The awards were presented by Karnataka Minister for Higher Education, IT and BT, Science and Technology, Skill Development, Entrepreneurship and Livelihood Dr. C N Ashwath Narayan on behalf of the government.

Following are winners of the SmartBio awards:

Axio Biosolutions Pvt Ltd won the ‘innovator of the year award while the ‘best startup against Covid-19’ award was bagged by NeoDx Biotech Labs Pvt. Ltd.

Dr. Janani Venkataraman, promoter, Biomoneta won the ‘woman entrepreneur of the year’ award. The ‘best social enterprise/institute award went to Biocon Academy and HealthCube bagged the ‘biotech start-up of the year’ award.

Apna, Big Basket, Black Buck, Coinswitch, CRED, CureFit, Daily Hunt, Groww, Meesho, MPL, PhonePe, Razorpay, Udaan, Unacademy, Zerodha, and Zetwork won the Bengaluru Impact awards.

Meanwhile, the minister released a free 70-page starter pack handbook (in Kannada and English) brought out by Sakoya Company which details guidelines on setting up of start-up units. Vice-president of Sakoya Company Shweta Rajpal Kohli was present on the occasion./eom

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