Equally important is the unprecedented policy momentum from both the Central and State Governments. Through initiatives such as the India Semiconductor Mission, Semicon India 2.0, the Electronics Components Manufacturing Scheme (ECMS), the Mobile Phone Manufacturing Scheme (MPMS), Production Linked Incentive (PLI), Electronics Manufacturing Clusters (EMC), the Design Linked Incentive (DLI), the Research, Development & Innovation (RDI) initiative and the National Quantum Mission, India has created one of the world’s most comprehensive technology policy frameworks. These initiatives, backed by investments running into over ₹2 lakh crore across multiple schemes and public-private projects, are transforming India’s position from a technology consumer to a global technology and manufacturing partner. States like Karnataka are further accelerating this transformation through progressive policies for GCCs, ESDM, startups and advanced manufacturing.
As this new ecosystem evolves, our approach to regional development must also evolve. The future lies in a hub-and-spoke model built on two complementary pillars—Design & Innovation, and Manufacturing. Karnataka is uniquely positioned for this transformation, with Bengaluru hosting 875+ Global Capability Centres, one of the world’s largest concentrations of semiconductor design talent, and a thriving startup ecosystem. Global experience shows that successful innovation regions do not weaken their anchor city; they strengthen it by developing specialized centres of excellence around it. Bengaluru should continue to lead as India’s global innovation hub, while cities like Mysuru can emerge as strategic centres for electronics manufacturing, semiconductor design, advanced engineering and product development.
‘Beyond Bengaluru’ is therefore not about decentralizing growth it is about multiplying Bengaluru’s strengths across Karnataka through connected, specialized ecosystems. Platforms such as Mysuru BTS play a vital role in bringing together industry, government, academia and startups to translate policy into partnerships, dialogue into investments, and investments into sustainable economic growth and high-value jobs.”
by- Ashok Chandak, President, IESA & SEMI India
“The next decade will not be defined by the race for bigger cities, but by the ability to build connected innovation ecosystems where design happens in one city, manufacturing in another, and both compete together on the global stage.” Added Ashok Chandak.