Fri Jul 04 16:10:56 UTC 2025: Here’s a summary and news article based on the provided text:
**Summary:**
The Karnataka Digital Economy Mission (KDEM) has unveiled a vision document aiming to transform Mysuru into a major digital economy hub in India. The plan includes attracting significant investment, boosting the workforce tenfold, and generating ₹10,000 crore in digital economy revenue by 2030. The announcement was made at the Mysuru Big Tech Show 2025, which featured discussions on infrastructure development, skill building, and attracting global investment. Vayu Assets and MiPhil Semiconductors have already committed significant investments to the region, further solidifying Mysuru’s potential.
**News Article:**
**Mysuru Poised to Become Digital Economy Powerhouse with ₹10,000 Crore Target by 2030**
**MYSURU, INDIA – July 4, 2025** – The Karnataka Digital Economy Mission (KDEM) today unveiled an ambitious vision for Mysuru, positioning the city as a leading digital economy hub in India. The plan, detailed in a Vision Document revealed at the Mysuru Big Tech Show 2025, aims to generate ₹10,000 crore in digital economy revenue by 2030.
The roadmap for the Mysuru cluster envisages attracting substantial investment from major companies and expanding the workforce tenfold. Specific goals include supporting over 2,800 start-ups and creating 1.5 lakh jobs, with a strong focus on IT/ITES, startups, and ESDM (Electronics System Design and Manufacturing).
The city has already secured significant investment commitments, with Vayu Assets announcing a ₹1,250 crore investment to establish a PCB plant. Additionally, an Indo-Taiwanese Joint Venture, MiPhil Semiconductors, will establish operations in the Mysuru cluster.
“Over the last 12 months, Mysuru has elicited strong interest from the industry to establish operations,” stated KDEM in a release. “More than 15 companies have set up offices, leading to fresh employment, thanks to the continued efforts of KDEM.”
The Mysuru Big Tech Show 2025 showcased the next generation of innovators, providing access to investors, market exposure, government backing, and mentorship. The event attracted over 500 delegates, including 45 global speakers and over 80 startups.
Ekroop Caur, Secretary of the Department of Electronics, IT, BT, and Science & Technology, emphasized Mysuru’s current standing. “Mysuru is presently the second largest IT exporter in the State, contributing ₹5,000 crore annually.” She added, “As we look ahead, we aim to make Mysuru India’s most ‘infrastructure ready’ hub, with a highly trained skilled workforce making it a magnet for global investments. We believe Mysuru can truly become the poster-boy to deliver on the State’s digital ambitions.”
Discussions at the Big Tech Show also focused on bridging the youth-industry gap, promoting aspirational vocational education, and ensuring global mobility and quality assurance. The ultimate goal is for Mysuru to become a sustained contributor to India’s vision of a $1 trillion digital economy by 2030.
First Piper 