Karnataka government on November 3 unveiled its ambitious ‘Deep Tech Decade’ plan, committing Rs 600 crore to position the state as the DeepTech Capital of India.

Speaking to reporters, IT-BT Minister Priyank Kharge said the investment aims to create a robust pipeline of entrepreneurs working on artificial intelligence (AI), machine learning (ML), quantum computing, advanced manufacturing, robotics, and sustainability-driven innovations.

The Rs 600 crore investment will include Rs 150 crore for the DeepTech Elevate Fund, which will focus on AI and frontier technologies; Rs 80 crore under the Elevate Beyond Bengaluru Fund to support startups in Mysuru, Mangaluru, Hubballi-Dharwad, and Kalaburagi; and Rs 75 crore through the Karnataka IT Venture Fund (KITVIN) for equity-based investments i

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