Karnataka govt greenlights tech park in Mangaluru on PPP basis

October 9, 2025

, By The Economic Times

karnataka-govt-greenlights-tech-park-in-mangaluru-on-ppp-basis.jpg

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The state Cabinet on Thursday decided to build an IT park at Blueberry Hills in Mangaluru on a private public partnership (PPP) basis.

The IT-BT (biotechnology) department, said in a post on X that the government would develop 3.28 acres of prime land on a budget of Rs 135 crore. The project will be awarded on a design, build, finance, operate, and transfer (DBFOT) basis.

The project is expected to add about 11,000 direct and indirect jobs.

The park will attract IT, fintech, and marinetech businesses, as also GCC investments, the post added.

IT-BT…

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Karnataka govt greenlights tech park in Mangaluru on PPP basis

October 9, 2025

, Published By The Economic Times

karnataka-govt-greenlights-tech-park-in-mangaluru-on-ppp-basis.jpg

The state Cabinet on Thursday decided to build an IT park at Blueberry Hills in Mangaluru on a private public partnership (PPP) basis.

The IT-BT (biotechnology) department, said in a post on X that the government would develop 3.28 acres of prime land on a budget of Rs 135 crore. The project will be awarded on a design, build, finance, operate, and transfer (DBFOT) basis.

The project is expected to add about 11,000 direct and indirect jobs.

The park will attract IT, fintech, and marinetech businesses, as also GCC investments, the post added.

IT-BT…

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Government seeks self-sufficiency in pulses, aims to increase cultivation area to 31 million hectares by 2030-31: Shivraj Singh Chouhan

Next News

Nvidia-backed Reflection AI raises $2 billion in funding, boosts valuation to $8 billion

The Economic Times

More like this

Popular

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