The Karnataka government has officially launched the Knowledge, Wellbeing, and Innovation (KWIN) City, a significant project aimed at fostering growth and opportunities outside Bengaluru. Chief Minister Siddaramaiah and his cabinet ministers inaugurated the initiative on Thursday, which was previously known as the Knowledge, Health, Innovation, and Research (KHIR) City.
Project Overview
Strategically located between Doddaspete and Doddaballapur, KWIN City is designed to cover an expansive area of 2,000 acres along the Satellite Town Ring Road (STRR). The project seeks to establish a parallel city to Bengaluru, promoting equal growth across various sectors while remaining accessible to the state capital.
Focus Areas
KWIN City aims to attract top educational institutions, innovative start-ups, research centres, and global health facilities, all of which are expected to generate employment opportunities for local residents. With its strategic location away from the congested traffic of Bengaluru, the new city is poised to appeal to investors and businesses, particularly with Kempegowda International Airport just an hour away.
Economic Impact
Karnataka Minister MB Patil emphasized the potential economic benefits of KWIN City, stating that it will significantly contribute to the state’s GDP. He highlighted the importance of increasing economic activity and attracting investments, noting that Karnataka’s reputation for public-private partnerships will be enhanced further through this initiative.
“The city of KWIN will be an attractive option for global players seeking talent in Bengaluru. It is expected to draw investments worth ₹40,000 crores across various segments and create approximately 80,000 new jobs,” Patil added.
Conclusion
With the launch of KWIN City, the Karnataka government aims to stimulate economic growth and provide enhanced opportunities for its citizens. The initiative reflects the state’s commitment to fostering innovation and well-being while ensuring a balanced development approach to the region surrounding Bengaluru. As the project progresses, it is anticipated to play a pivotal role in shaping the future landscape of Karnataka’s economy.
Sources By Agencies
