The IT company in Bangalore is releasing the ‘Electronic Hardware Policy 2011 and the Information and Communication Technology Policy’.
The industry is considering where they should explore their options in order to develop meaningful growth. The state has already contributed 30% of the country’s IT exports. The new policy will focus more on branding Bangalore and Karnataka. The Government has also planned to focus on software product development and find ways to fund institutes of higher learning.
Murugesh R Nrani, Minister for Large and Medium industries, Government of Karnataka. “We have come out with a policy to retain the number one position in the IT map of the country. We have worked closely with industry bodies for formulating the policy by learning their needs”.
The policy will attempt attract more investors in the knowledge sector and promote tier-I and tier-II cities. The state IT department will develop a team of officials and members of the industry to promote investments and electronic hardware products.