– Visits Experience Zones at the Summit-
Delivering the keynote address, Dr. E.V. Ramana Reddy, Additional Chief Secretary, Department of IT, Bt and S&T, Government of Karnataka said, “In order to emerge as a global power, India needs to work towards becoming an innovation economy. Karnataka is the leader in the country to achieve this objective and it is initiatives like the CII India Innovation Summit that will help understand and highlight issues critical to achieve this aim. Bengaluru has been widely cited as one of the fastest growing technology hubs and startup capitals in the world. Bengaluru is ranked 11th Best Global Startup Ecosystem, as per the Startup Blink Startup Eco-system Rankings Report 2019, moving up from rank 21 in the year 2017. Our Department is in the process of drafting a new policy on innovation and technology with the view to address the new age challenges in regulation for innovation. We are considering innovative concepts such as regulatory sandboxes to ensure adequate legal framework for innovation is available. Our aim is to make the state a leading promoter for all emerging technologies by strengthening existing technology Centers of Excellence in areas such as Cyber Security, Data Analytics, IoT, Artificial Intelligence”.
Corporate Comm India (CCI Newswire)
