BENGALURU: Highlighting the presence of Indian, especially Bengaluru based start-ups and tech majors in the UAE, Karnataka IT minister Dr CN Ashwatha Narayana said that logistics to infrastructure, oil-and-gas to environment and waste management to healthcare are some of the sectors where the presence is felt strongly in the UAE.
Expressing interest in strengthening relationship with the UAE on "innovation and technology", Narayana said that the state was leading as an innovation hub due to partnerships with other innovation hubs such as UAE.
Karnataka being a hub of startups is keen to offer ground-breaking solutions to private & government organisations of UAE in various sectors ranging from logistics to infrastructure, oil-and-gas to environment and waste management to healthcare.— Dr. Ashwathnarayan C. N. (@drashwathcn) October 16, 2021
He was talking at the Inauguration Ceremony of three-day event 'World Dubai Expo 2020' on Saturday where he said that Karnataka, which is a hub of startups in India is keen to offer ground-breaking solutions to private companies and government organizations of UAE in various sectors.
He said the state has an estimated GSDP of USD 220 billion and has been a leader in sectors of Information Technology, Information Technology enabled Services, Electronics, Machine Tools, Aerospace, and Biotechnology.
Furthermore he boasted about the state's robust Startup which includes MNCs/ GCCs, incubators, and accelerators. Also that it is a home to among others premier higher education institutions such as the Indian Institute of Science (IISc), the Indian Institute of Management (IIM), the International Institute of Information Technology (IIIT).
Naryana stated that the state was facilitating and undertaking tech-focussed initiatives towards achieving the five trillion dollar economy by 2025 goal set up the prime minister Narendra Modi. "Shared economic visions and geopolitical outlooks have spurred the two sides (Karnataka and UAE) to seek to expand cooperation across multiple domains including in investment, technology, and the knowledge economy," he added.