An MoU has been signed to create an Industrial Technology & Innovation Park in Karnataka, designed to support R&D, deep-tech incubation and industry–academia collaboration. 

The park aims to attract advanced manufacturing, robotics, aerospace and startup ventures. 

Policymakers expect the project to strengthen Karnataka’s innovation leadership and build a bridge between research labs and commercial industry. 

Once operational, it could drive high-value employment and enable technology transfer to local manufacturing clusters.