The Karnataka government will launch its "Knowledge Health Innovation Research-City" (KHIR-City) on 26 September. This project, the first of its kind in India, aims to transform the state's innovation sector. Chief Minister Siddaramaiah will officially begin work on the first phase at a ceremony in Vidhana Soudha, as per official sources.
The KHIR-City will cover 2,000 acres, with the initial phase developed on 500 acres. The project is expected to attract an investment of over ₹40,000 crore and create around 100,000 jobs, including both direct and indirect employment, according to officials.
Drawing from models like Singapore’s Biopolis and the US Research Triangle Park, KHIR-City will also incorporate elements of Bengaluru’s Electronics City. The city will be located between Doddaballapura and Dobaspet, about 50 km from Kempegowda International Airport.
KHIR-City is expected to make a significant contribution to the state's economy by boosting exports and creating a hub for world-class universities, hospitals, innovative industries, and research institutions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.