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24. September 2025
Mangaluru Unveils Ambitious Plan For 3500 Crore Tech Hub
Mangaluru, a coastal city in southwestern Karnataka, is set to become the state’s next major technology hub. The government has announced plans to develop a ₹3,500 crore tech park on 3.25 acres of land, with a built-up area of 2.5 lakh square feet. The project aims to accelerate Mangaluru’s growth as a strategic complement to Bengaluru’s dominance in the state’s IT sector.
Electronics and Information Technology Minister Priyank Kharge made the announcement during the Mangaluru Technovanza 2025 event on September 24, emphasizing that the tech park will be designed to attract startups, investors, and talent from across India. “We want to position Mangaluru as a major player in the country’s technology sector,” he said.
The ₹3,500 crore project is part of the government’s efforts to promote entrepreneurship and innovation in Karnataka. The state has already launched several initiatives to support startups, including the Elevate program, which aims to promote entrepreneurship among young people. When the Elevate program was first launched, it attracted 1,738 startup applications from Karnataka within just 90 days.
Building on the success of the Elevate program, Kharge announced plans for the Future Makers Conclave, a platform that will bring together entrepreneurs, investors, and industry experts to discuss the future of technology in India. The conclave is expected to draw 20,000 entrepreneurs from across the country, with a focus on AI innovation.
The Future Makers Conclave is part of the Bengaluru Tech Summit, which will take place from November 18-20. The summit aims to promote entrepreneurship and innovation in Karnataka’s technology sector, and will feature sessions on AI, blockchain, and other emerging technologies. Kharge also announced that he would pledge ₹5 crore for the conclave, with a focus on supporting startups that are working on AI-related projects.
The government has also invited startups to anchor themselves in Karnataka, making it easier for them to access funding, mentorship, and other resources. Kharge emphasized the importance of attracting talent from across the country, saying that entrepreneurs who want to tap into the state’s frontiers just need to register their GST and shop establishment registrations.
Karnataka has been positioning itself as a major player in India’s technology sector for several years now. The state has invested heavily in infrastructure development, including the creation of special economic zones (SEZs) and technology parks. These initiatives aim to attract investment, promote entrepreneurship, and create jobs in the technology sector.
The tech park planned for Mangaluru will be developed by a public-private partnership (PPP) model, with the government providing the land and basic infrastructure, while private companies provide the build-out and operational costs. The project is expected to create thousands of jobs in the state, both directly and indirectly.
While Mangaluru’s emergence as a major technology hub is still in its early stages, the city has already shown significant promise. The city has a thriving startup ecosystem, with several incubators and accelerators operating in the city. The city also has a well-developed infrastructure, including roads, transportation, and utilities, which will support the growth of businesses.
The tech park planned for Mangaluru is expected to be a major catalyst for the city’s growth. The project will attract investment, promote entrepreneurship, and create jobs in the technology sector, making Mangaluru an attractive destination for talent and investors alike.
Karnataka’s plans to develop a ₹3,500 crore tech park in Mangaluru are a significant step towards positioning the city as a major player in India’s technology sector. The project aims to promote entrepreneurship, innovation, and job creation, making it an attractive destination for entrepreneurs, investors, and talent from across the country. With its well-developed infrastructure, thriving startup ecosystem, and government support, Mangaluru is poised to become a significant contributor to Karnataka’s growing technology sector.
The ₹3,500 crore project will be funded through a combination of central and state government funds, with the private sector also expected to play a significant role in the development. The project timeline is ambitious, with construction expected to begin soon after the finalization of agreements with private partners.
Karnataka’s efforts to promote entrepreneurship and innovation in the technology sector are part of a broader strategy to diversify the state’s economy and reduce its dependence on traditional industries such as textiles and cement. By investing in emerging technologies like AI and blockchain, Karnataka aims to create new opportunities for growth and development.
The tech park planned for Mangaluru is expected to be a model for future technology hubs in India. With its combination of government support, private sector investment, and infrastructure development, it has the potential to become a major driver of economic growth in the region.
In addition to creating jobs and promoting entrepreneurship, the tech park will also contribute to the state’s innovation ecosystem by providing a platform for startups and researchers to collaborate and develop new technologies. The park will feature a range of facilities, including incubators, accelerators, and research centers, which will support the growth of startups and entrepreneurs.
The development of the tech park in Mangaluru is expected to have a positive impact on the local economy, with estimates suggesting that it could create thousands of jobs and attract significant investment. The project will also contribute to the state’s economic diversification efforts by promoting entrepreneurship and innovation in emerging technologies.
Overall, Karnataka’s plans to develop a ₹3,500 crore tech park in Mangaluru are an important step towards positioning the city as a major player in India’s technology sector. With its well-developed infrastructure, thriving startup ecosystem, and government support, Mangaluru is poised to become a significant contributor to Karnataka’s growing technology sector.