Archive · 7 Nov 2025
Karnataka Approves Innovation Policy with ₹518 Crore Outlay
Karnataka is creating a new plan to help more new businesses, called startups, get started.
They approved this plan on Thursday and will spend over 518 crore rupees in the next five years.
The big goal is to help 25,000 new companies begin.
They want many of these new companies, about 10,000, to start in places outside of Bengaluru, the main city.
This policy aims to make Karnataka a world-famous place for new ideas and inventions by supporting companies as they grow and giving them the help they need.
Karnataka Cabinet approved the Karnataka Innovation Policy 2025-2030.
The policy has an outlay of ₹518.27 crore over five years.
The aim is to establish up to 25,000 additional startups.
10,000 startups are targeted to emerge from clusters outside Bengaluru.
The policy seeks to position Karnataka as a global innovation hub.
- Who
- Karnataka Cabinet
- What
- Approved the Karnataka Innovation Policy 2025-2030
- When
- Thursday
- Where
- Karnataka, India
- Why
- To position the state as a global innovation hub by establishing up to 25,000 additional startups over five years, with a focus on developing a vibrant and supportive ecosystem for innovation and sustainable growth.
- Policy Name
- Karnataka Innovation Policy 2025-2030
- Approval Date
- Thursday
- Financial Outlay
- ₹518.27 crore
- Startup Target
- Up to 25,000 additional startups
- Target Outside Bengaluru
- 10,000 startups
- Policy Goal
- Position Karnataka as a global innovation hub
