Karnataka Plans to Hire Consultant to Boost Attraction of Global Corporations

Karnataka Seeks Consultant to Strengthen Position as Global Technology Hub

Karnataka Innovation and Technology Society (KITS) has invited a tender to select a consultancy firm to design strategies to strengthen the state's position as a global technology hub and attract investments in emerging technologies.

The consultant will work with the government to identify gaps in the state's offerings, develop targeted strategies, and directly engage with multinational companies considering India for technology investments. The goal is to sharpen the state's value proposition and proactively reach out to companies planning new centres.

Key Objectives:

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• Identify structural gaps in areas such as talent availability, infrastructure, real estate costs, and ease of doing business
• Recommend strategic interventions and incentives required to attract new Global Capability Centres (GCCs), IT/ITeS companies, and data centres to Karnataka
• Design financial models to estimate the budgetary implications of proposed incentives
• Assist the government in organising roadshows and outreach programmes in major global markets
• Support meetings with industry associations and global technology companies to promote Karnataka's policy framework and incentive packages

Emerging Technologies Focus:

The consultant will also be tasked with identifying emerging technologies that could drive the next phase of growth in the state's technology sector, including areas such as artificial intelligence, quantum technologies, blockchain, and space technology.

Implementation Support:

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The consultant's mandate will extend to supporting the implementation of key technology policies introduced by the state government, including operationalising incentive mechanisms under the Karnataka GCC Policy 2024–2029 and the upcoming IT Policy 2025-2030.

Competition for GCC Investments:

Karnataka remains the country's largest hub for GCCs, with Bengaluru accounting for around 30 percent of India's GCC market and hosting more than a third of the country's GCC talent pool. However, the state is facing growing competition from other cities that are aggressively courting multinational companies with incentives and infrastructure.