Karnataka is Way Ahead of Others in IT Sector, Says Govt

  • Karnataka dismissed concerns that IT companies are expanding more in other states than here.
  • It also sought to douse worries that Andhra Pradesh CM N Chandrababu Naidu's aggressive wooing of IT companies would take investment away from Karnataka.
  • IT secretary Srivatsa Unquestioned leader, P 18 Krishna said Karnataka's contribution to India's IT increased from 33% in 2012-13 to 38% in 2013-14.
  • The state accounted for $45 billion of India's $118-billion IT business last year:-these figures are Nasscom estimates.
  • In comparison, Krishna told the inaugural session of Cebit India, Tamil Nadu accounted for $18 billion and undivided Andhra Pradesh for $15 billion.
  • Karnataka attracted $2.4 billion in investment last year compared to $0.9 billion and $0.5 billion of Tamil Nadu and AP.
  • Krishna said at the inaugural session of Cebit India, held in partnership with BangaloreITE.biz:┬áIf the IT industry was going away , would Cebit be coming all the way from Germany and settle in Bangalore?They could have gone to Delhi, they could have gone to Mumbai, they could have gone to Hyderabad, they could have gone anywhere they wanted, yet they chose to come here.
  • The world's biggest IT exhibition and conference is being held in Bengaluru for the first time.
  • Last year, Karnataka state created 70,000 jobs compared to 10,000 in AP and 37,600 in Tamil Nadu.
  • We are clearly streets ahead and the unquestioned Silicon Valley of Asia.
  • Our only competition is with the Silicon Valley in the US.
  • By 2020, we will beat even them as the single largest geographic cluster.
  • CM Siddaramaiah said the government would not be found lagging in providing infrastructure for the growth of IT.
  • State IT and BT minister S R Patil noted that the IT industry has been given an essential-service tag and would, therefore, not face a strike.