Bengaluru Tech Summit 2024: A Global Gathering
The 27th edition of the Bengaluru Tech Summit (BTS) 2024 is set to begin on November 19, as announced by Karnataka Minister Priyank Kharge. The event will be inaugurated by Karnataka Chief Minister Siddaramaiah and Deputy Chief Minister DK Shivakumar, along with the Deputy NSA of the US and the German Minister for Economic Affairs.
Global Participation
This year’s summit will see participation from over 15 countries, including both governmental and private representatives. Delegations from 33 global innovation alliance countries will also attend. The summit aims to connect start-ups with venture capitalists, with over 300 start-ups and more than 100 venture capitalists already involved.
Focus on Emerging Technologies
The summit will emphasize Artificial Intelligence and deep tech start-ups. New policies will be introduced, such as the Global Capability Centre Policy and the State Space Tech Policy, both firsts in India. An agile re-skilling program called ‘Nipuna Karnataka’ will also be launched, promoting the mantra ‘skill locally, work globally.’
Future Roadmap
The summit will present a roadmap for emerging technologies over the next few years, highlighting the importance of innovation and skill development in the global ecosystem.
Doubts Revealed
Bengaluru Tech Summit -: The Bengaluru Tech Summit is a big event where people from all over the world come to talk about new technology and ideas. It happens in Bengaluru, a city in India known for its technology companies.
Karnataka -: Karnataka is a state in the southern part of India. Bengaluru, the capital city of Karnataka, is known as the ‘Silicon Valley of India’ because of its many tech companies.
Chief Minister Siddaramaiah -: Siddaramaiah is the Chief Minister of Karnataka, which means he is the head of the government in the state. He helps make important decisions for the people living in Karnataka.
Deputy Chief Minister DK Shivakumar -: DK Shivakumar is the Deputy Chief Minister of Karnataka. He assists the Chief Minister in running the state government and making important decisions.
Global Participation -: Global participation means that people and companies from different countries around the world will join the event. This helps in sharing ideas and learning from each other.
AI -: AI stands for Artificial Intelligence. It is a type of technology that allows computers to think and learn like humans.
Deep Tech Start-ups -: Deep tech start-ups are new companies that work on advanced technology, like AI, robotics, and biotechnology. They focus on solving complex problems using science and engineering.
Global Capability Centre Policy -: This is a new rule or plan that will help companies in Karnataka work better with other companies around the world. It aims to make Karnataka a hub for global business operations.
State Space Tech Policy -: This is a new rule or plan to support space technology in Karnataka. It will help companies and scientists in the state work on space-related projects.
Venture Capitalists -: Venture capitalists are people or companies that invest money in new businesses, especially start-ups, to help them grow. They provide funds in exchange for a share of the company.
Nipuna Karnataka -: Nipuna Karnataka is a program to help people in Karnataka learn new skills. It focuses on teaching skills that can be used locally but are also valuable in jobs around the world.
Re-skilling Program -: A re-skilling program helps people learn new skills or improve their current skills. This is important for keeping up with changes in technology and job requirements.