Bengaluru (PTI): The state Cabinet on Thursday approved the Karnataka Innovation Policy 2025–2030 with a total outlay of Rs 518.27 crore over five years, aiming to position the state as a global innovation hub.

Briefing reporters after the Cabinet meeting, state Law and Parliamentary Affairs Minister H K Patil, said the government aims to establish up to 25,000 additional startups, of which 10,000 will emerge from clusters outside Bengaluru.

"The policy is designed to play a vital role in developing a vibrant and supportive ecosystem to position the state as a global innovation hub by nurturing innovations throughout their life cycle and providing the resources, mentorship, and infrastructure required to foster sustainable growth and technological advancement," the minister said.

The C

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