Karnataka's KHIR-City likely to generate Rs 40,000 crore investment, 1 lakh jobs; to be launched on Sept 26

An artistic impression of KHIR-City

The Karnataka government’s ambitious Knowledge Health Innovation Research-City (KHIR-City) project, modelled after global innovation hubs like Singapore's Biopolis and Research Triangle Park in the US, will be launched on September 26.

“Karnataka Chief Minister Siddaramaiah will launch the works for the first phase of the KHIR-City project at Vidhana Soudha in the presence of dignitaries from across India and abroad," Minister for Large and Medium Industries MB Patil said on September 22.

“The innovative city will be established on more than 2,000 acres, with the first phase being developed on 500 acres. The project, with an estimated investment of over Rs 40,000 crore, is expected to generate around 1,00,000 jobs, including both direct and indirect employment,” Patil said.

Elements from Bengaluru's Electronics City will also be incorporated into the project, which will be located between Doddaballapura and Dobaspet, about 50 km from Kempegowda International Airport, he said.

Also, read: Karnataka govt’s KHIR City to come up 60 Km from Bengaluru, first phase on 500 acres

To ensure the timely progress of the project, the government has formed an advisory committee comprising eminent personalities such as Dr Devi Shetty, Kiran Mazumdar-Shaw, Prashanth Prakash, Thomas Osha, Ron Kimball, Mohandas Pai, and Nikhil Kamath, among others. The city will be designed to accommodate a residential density of 100 people per acre, he said.

“The KHIR-City is expected to make a significant contribution to the state's economy and boost exports, positioning Bengaluru for greater global prominence. The city will be home to world-class universities, hospitals, innovative industries, and research institutions, which will serve as the cornerstone of this visionary project,” he added.

Also, read: North Bengaluru turns city’s new hotspot, as infrastructure and business lead the way