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Research and Development
Bengaluru, recognized as the fourth largest technology cluster globally by the United Nations, contributes significantly to the state’s reputation as a hub for innovation and research housing 50% of the country’s R&D talent.
1st
in no. of patent applications
in India
40%
is contributed by Karnataka to India’s ER&D revenues
1st
in NITI Aayog’s India
Innovation Index
400+
MNCs with global R&D Centres (35% of 1500 GICs)
Sector Incentives and Policy
E-R&D policy
| Incentive Head | Incentives |
|---|---|
| Establishment / Expansion of MNC E-R&D Operations1 : For Engineering R&D entities (GCC) | Rental reimbursement: 50% of rent (up to Rs. 2 Cr. or Rs. 1666 per employee) |
| Recruitment assistance: Up to Rs. 20 lakhs | |
| Investment subsidy: 20% of investment amount (up to Rs. 2 Cr.) | |
| Fund to support Tech. innovation: For Engineering R&D entities (GCC & ESPs) | Grant of 40% of approved R&D expenditure up to Rs. 8 Cr. per entity |
| Prototyping & Testing infrastructure1: For implementing agencies (KDM) | 40% of approved budget up to Rs. 50 Cr. per entity |
| Innovation labs1: For Engineering R&D entities (GCC & ESPs) | Grant of 33% of approved innovation labs budget up to Rs. 8 Cr. per entity |
| Digital Innovation for services/social challenges: For Engineering R&D entities (GCC & ESPs) & startups | Funding of 80% of approved project budget up to Rs. 3 Cr. per entity |
- For investment beyond Bengaluru Urban district
Additional support provided:
- To implementing agency (KDM) for evangelizing E-R&D capability by setting up Go & See centers as well for hosting/participating in R&D events (up to Rs. 50 lakhs)
- To Engineering R&D entities (GCC & ESPs) for internship program: Reimbursement of 50% of intern stipend for 3 months up to Rs. 10,000 per intern per month
New initiatives & opportunities
North cluster
India’s first private Aerospace SEZ with ~250 Acres area situated in Belagavi for A&D manufacturing and assembly
Central cluster
Aerospace research and innovation Centre collocated with IISc at Chitradurga. Flying training school at Davangere
South cluster
Hi-tech Aerospace and Defence park with ~1000 Acre area situated in Devanahalli, Bangalore for access to vast A&D ecosystem in Bangalore
MRO
World class Maintenance, Repair and Operations (MRO) facility planned in Bangalore, Mysuru to leverage recently announced tax rationalization
Initiatives and Growth Drivers
Advanced Manufacturing, R&D and Innovation
New industrial policy 2020-25 & E-R&D policy focus on advanced manufacturing, R&D and innovation. The Karnataka E-R&D Policy 2021-26 offers incentives that aim to attract multinational R&D centers and bridge the gap between academia and industry.
Leading Companies
R&D centers of world’s leading companies in Bengaluru driving innovation in new-age technologies.
Premier Institutions
IISc, IIT Dharwad, and numerous innovation hubs, Karnataka fosters a rich academic ecosystem.
Talents
Karnataka is home to 10,000+ Aeronautical engineers, 10,000+ Analog engineers, 1,00,000+ PhDs, 20,000+ Chip designers
Sector Champions
Sujeet
Co-Founder
Udaan
Udaan is a Business-to-Business (B2B) eCommerce platform, designed to solve core trade problems for small, medium and large businesses across India. It is the largest such national distribution platform of its kind enabling retailers and businesses to source merchandise from manufacturers, brands, white labels, importers etc. on a single platform. udaan brings to users the power of technology to grow their business.
Salil Gupte
President
Boeing India
[email protected]
Boeing has been a strong partner of India’s aerospace sector for almost eight decades, both as the mainstay of India’s commercial aviation sector as well as an important partner in the mission readiness and modernization of India’s defense forces. Headquartered in Delhi, Boeing’s India operations include field service offices in Mumbai, Hindan, Rajali and New Delhi, and a rapidly growing Boeing India Engineering & Technology Center (BIETC) in Bengaluru and Chennai. The upcoming Boeing engineering and technology campus in Bengaluru, Karnataka will conduct core engineering and research for Boeing’s iconic products as well as future platforms. The campus will be one of the largest for Boeing, outside of the US.
Sector Contact
Mansoor
Email: [email protected]
Phone: 8105421082
