Bengaluru to Become Hub Of Knowledge, Healthcare, Innovation and Research With KHIR City
Karnataka government plans to develop KHIR City, a hub for Knowledge, Healthcare, Innovation and Research on Bengaluru’s outskirts. The city aims to attract Rs 40,000 crore investments and create 80,000 jobs.
Updated Nov 11, 2023 | 12:12 PM IST
Bengaluru to Become Hub Of Knowledge, Healthcare, Innovation and Research With KHIR City (Representational Image)
Photo : Times Now
Bengaluru: The Karnataka government revealed its plans for the Knowledge, Healthcare, Innovation, and Research (KHIR) City on Bengaluru’s outskirts. The state aims to attract investments worth Rs 40,000 crore in the healthcare, innovation, and knowledge sectors, which will result in the creation of approximately 80,000 job opportunities in the proposed KHIR City. The KHIR City will be developed within a 60-kilometer radius of Bengaluru, with a probable location near the Kempegowda International Airport.
The construction of the KHIR City is expected to considerably contribute to the state’s GDP by increasing economic activity and drawing investments from leading global and Indian hospitals, research institutes, universities, and private firms. Through this program, Karnataka hopes to add at least Rs 1 lakh crore to the state’s GDP.
The proposed KHIR City aspires to boost Bengaluru’s position as a medical tourism hub by creating jobs for locals and recruiting qualified experts from around the world. With the presence of a large skilled talent pool and a robust innovation ecosystem, Karnataka is well-suited for the development of the KHIR City. The state is already home to 60% of India’s biotech companies and over 350 medical devices and supplies manufacturers.
Priyank Kharge, the state IT-BT minister, emphasised that the KHIR City will bring together innovators from healthcare, knowledge, and global research centers, transforming Bengaluru from a call center hub to a global center of research and innovation. The government also plans to introduce a separate policy to promote medical tourism in the state, leveraging the existing presence of medical devices and suppliers and institutes of excellence.
Industry representatives highlighted the need to focus on improving the skills of the workforce to support the development of the knowledge city. They also suggested a focus on life sciences and recommended conducting roadshows to attract capital investments in this sector.
The success of the KHIR City will hinge on swift implementation, including the development of necessary infrastructure such as a Metro station. Stakeholders stressed the importance of generating intellectual property (IP) owned by India or Karnataka, which will create jobs and wealth within the state.
The government’s plan for the KHIR City has garnered support from hospital groups, who believe that partnerships with the city will bridge the gap between healthcare startups and end-users. Additionally, there is a pressing need for a paramedical university to address the shortage of healthcare workers in the country.