Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil said the project is expected to attract investments worth Rs 40,000 crore
Bengaluru, NFAPost: Chief Minister Siddaramaiah will inaugurate the first phase of the state government’s ambitious Knowledge, Health, and Research City (KHIR City) on Thursday.
Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil announced that Deputy Chief Minister DK Shivakumar and other cabinet members will also participate in the event, which will take place at 11 a m in the banquet hall of Vidhana Soudha.
Highlighting the significance of this project, Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil said the concept of this hi-tech city will elevate Bengaluru’s status on the global stage.
“The first phase will span 500 acres near the satellite town ring road between Dabaspet and Doddaballapur, with potential expansion up to 5,000 acres. The focus of KHIR City will be on knowledge, health, research, and innovation,” said Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil.
The Minister also said the city will host campuses of globally renowned educational and medical institutions, research centers, and healthcare facilities, fostering partnerships with leading organisations.
Karnataka Minister for Large and Medium Industries and Infrastructure Development M B Patil said the project is expected to attract investments worth Rs 40,000 crore and make a significant contribution to the state’s economy.
The city will also prioritise startups, biosciences, and semiconductors, with the potential to generate approximately one lakh jobs, both direct and indirect, M B Patil added.
A new name for the city will be unveiled during the inauguration. The event will witness the participation of prominent businessmen, researchers, medical experts, and academicians from across the state and the country.