Saturday, October 28, 2006

Karnataka mulls Knowledge City near Bangalore

Karnataka mulls Knowledge City near Bangalore

The Hindu Business Line

The Karnataka Government proposes to set up a Knowledge City spread across 9,000 acres at Bidadi, between Bangalore and Mysore, said the Chief Minister, Mr H.D. Kumaraswamy on Friday.

Speaking at the inaugural of the 9th edition of 2006, Mr Kumaraswamy said that the Government would take all necessary steps to promote the IT sector in the State and see that the pre-eminence was maintained. About 250 companies are participating in the this year.


In a bid to decongest the growing pressure on Bangalore, the Karnataka Government is planning to set up five sector-specific cities around the city, of which one would be dedicated to the knowledge sector. The proposed cities would be integrated townships consisting of commercial and residential sectors and will obviate the need for travel to and from Bangalore, he said.

The British High Commissioner to India, Mr Michael Arthur, said the Indo-UK relations have been growing from strength-to-strength every year and India has emerged as the second largest investor in the UK after the US in the first six months of this year. Till last year, India was the third largest investor in UK.


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