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India International Innovation Fair To Begin On Sept 9

The India International Innovation Fair 2016, the first of its kind in India, will begin from 9th to 11th September,2016 at BIEC, Bangalore. Organized by the Indian Innovators Association and supported by the International Federation of Inventors Association (IFIA), a Geneva based body. The Department of science and technology, GOI has also extended their support. 25 member countries of IFIA will be participating at IIIF 2016. Bangalore, the ‘Silicon valley of India’, has emerged as the tech capital and innovation hub of India, is rated among the top 10 cities...
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Karnataka Attracts Over 50,000 Cr IT Investment During FY 2015-16: Assocham

Karnataka has emerged as the most preferred investment destination in the country. The state attracted Rs 53,396 crore investments in the IT sector last financial year, a nearly 25 per cent of total Rs 2.2 lakh crore from both public and private sources across the country, says Assocham report. Clocking a Compounded Annual Growth Rate (CAGR) of over 14 per cent, IT investments in Karnataka had grown from Rs 14,337 crore in 2005-06 to Rs 53,396 crore in 2015-16, PTIreport published in ET stated while quoting Assocham sector-specific analysis. Investments attracted...