Beyond Bengaluru: ₹1.93 crore grant to Vertex Managed Workspace in Mangaluru

Why in news

The Government of Karnataka awarded a ₹1.93 crore grant to Vertex Managed Workspace in Mangaluru under the 'Beyond Bengaluru' mission to decentralize the state's tech ecosystem.

Background

The Karnataka government provided a ₹1.93 crore grant to Vertex Managed Workspace in Mangaluru. The initiative aims to establish technology hubs outside Bengaluru to drive regional innovation.

Facts for Prelims

• FactGrant amount awarded to Vertex Managed Workspace: ₹1.93 crore
• PlaceMangaluru: Identified as a strategic contributor to the national growth story by the Karnataka government
• FactTarget: Technology clusters to contribute nearly 10% to Karnataka's digital economy within five years

For Mains

Q. Discuss the significance of decentralizing technology hubs from metropolitan centers to tier-2 cities in fostering inclusive economic growth in India.

Dimensions to cover in your answer

• Regional imbalance: Mitigating the concentration of high-value tech jobs in Bengaluru to promote balanced urban development
• Infrastructure gap: Requirement for reliable power, high-speed connectivity, and skilled labor in emerging tech clusters

Keywords: decentralization · digital economy · regional innovation · tech hubs · inclusive growth

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