logo
New global innovation hub at Bengaluru airport city to boost innovation in AI and critical industries

New global innovation hub at Bengaluru airport city to boost innovation in AI and critical industries

Time of India17-06-2025
Karnataka government
,
Bengaluru Airport City
Ltd. (BACL), and consultancy firm ANSR on Tuesday launched a Global Innovation Hub, District I, to support deep-tech entrepreneurship, enterprise-driven innovation, and the commercialisation of academic research.
Under the initiative,
Global Capability Centres
(GCCs), IT service providers, accelerators, corporate labs, startups, VCs, academia, and public institutions will develop a collaborative ecosystem. The focus will be on developing advanced technologies, including AI, quantum computing, blockchain, and customer experience technologies.
The government stated that the hub will foster innovation in critical industries, including aerospace, space technology, smart cities, retail, banking, financial services, and insurance (BFSI), manufacturing, telecommunications, and defence.
Play Video
Pause
Skip Backward
Skip Forward
Unmute
Current Time
0:00
/
Duration
0:00
Loaded
:
0%
0:00
Stream Type
LIVE
Seek to live, currently behind live
LIVE
Remaining Time
-
0:00
1x
Playback Rate
Chapters
Chapters
Descriptions
descriptions off
, selected
Captions
captions settings
, opens captions settings dialog
captions off
, selected
Audio Track
default
, selected
Picture-in-Picture
Fullscreen
This is a modal window.
Beginning of dialog window. Escape will cancel and close the window.
Text
Color
White
Black
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Text Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Opaque
Semi-Transparent
Transparent
Caption Area Background
Color
Black
White
Red
Green
Blue
Yellow
Magenta
Cyan
Opacity
Transparent
Semi-Transparent
Opaque
Font Size
50%
75%
100%
125%
150%
175%
200%
300%
400%
Text Edge Style
None
Raised
Depressed
Uniform
Drop shadow
Font Family
Proportional Sans-Serif
Monospace Sans-Serif
Proportional Serif
Monospace Serif
Casual
Script
Small Caps
Reset
restore all settings to the default values
Done
Close Modal Dialog
End of dialog window.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Here's The Average Price of a 6-Hour Gutter Guards Upgrade
Homebuddy.com
Read More
Undo
Spread across BACL's Business Park cluster, which is a subsidiary of Bangalore International Airport Limited (BIAL), the district will be 28 million sq. ft, which will house R&D hubs, a separate education and health district and lifestyle offerings.
Karnataka's IT-BT, Secretary, Ekroop Caur, said, ' With the Global Innovation Hub, we are creating a platform that brings together every part of the ecosystem to collaborate, innovate, and lead globally. This is a key step toward making Bengaluru the world's next great innovation capital.'
Live Events
During the launch, BACL said the district project will be more than just a physical space and aims to capture the ethos of work, play, live, learn, and create, offering startups and enterprises a vibrant ecosystem backed by world-class infrastructure.
'District I is central to our long-term vision of building a future-ready, innovation-led economy, one where ideas spark, collaborations thrive, and entrepreneurs drive meaningful change,' said Rao Munukutla, Executive Director, BACL.
Founder of ANSR, Lalit Ahuja, said Bengaluru has the potential to strengthen its position with a globally benchmarked innovation platform. 'By uniting startups, service providers, GCCs, academia, and public infrastructure on one seamless platform, we are setting a powerful flywheel in motion that will propel the next wave of breakthrough technologies from India to the world.'
The BACL already has several facilities operational, including a central kitchen and a state-of-the-art 3D printing unit. Upcoming projects like India's first airport-based concert arena and a modern convention and exhibition centre are expected to strengthen BACL's position as both a cultural and business destination.
The area will also feature around 5,200 hotel rooms. As part of its development as a smart city, it will focus on five key areas: built environment and city management, urban mobility, energy, safety and security, and environment and water.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Book excerpt: 'Sing, Dance, and Lead' by Hindol Sengupta
Book excerpt: 'Sing, Dance, and Lead' by Hindol Sengupta

Time of India

timean hour ago

  • Time of India

Book excerpt: 'Sing, Dance, and Lead' by Hindol Sengupta

Book excerpt: 'Sing, Dance, and Lead' by Hindol Sengupta Prof. Dr. Hindol Sengupta is a celebrated historian, journalist, and author of 12 acclaimed books. A World Economic Forum young global leader, Dr. Sengupta, combines deep expertise in history, international relations, and economics. His work explores India's rise in the world and how it weaves together culture, politics, and spirituality with rare insight. In his latest book titled 'Sing, Dance, and Lead', Dr. Sengupta very carefully navigates and bridges the gap between the modern, ambitious society and age-old spiritual wisdom. He delivers a thought-provoking reflection on how spiritual values can and should shape modern leadership and decision-making. Dr. Sengupta urges his readers through this book to look at their personal and professional lives as offerings to the divine, drawing his inspiration from Srila Prabhupada, the founder of ISKCON, well known as the Hare Krishna movement, which became a respected global organization. This book will clear your mind, widen your horizons, and enable you to view leadership not merely as a role but as a responsibility rooted in service and empathy. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like How to Trade ETH/USD Without Holding Ether IC Markets Learn More Undo What makes 'Sing, Dance, and Lead' stand out is its insistence that embracing spiritual truth does not mean it will hinder our greatest ambitions but will enhance them. Dr. Sengupta's expertise in history, faith, and economics offers a fresh perspective on how individuals can thrive even without losing their faith in the supreme power above. Here's an excerpt from the book 'Sing, Dance, and Lead' by Prof. Dr. Hindol Sengupta, published with permission from Penguin Random House. Excerpts from the book 'Sing, Dance and Lead' Chapter - Hurry, Hari Bol! Book Author - Prof (Dr.) Hindol Sengupta We often view our lives less as experiences to cherish and more as careers to pursue, a ladder to climb. The role of this book is to help turn our gaze towards eternal things and to encourage every reader to think that there are greater elevations that await them. Like how the early disciples of Srila Prabhupada promised 'the high of Krishna' to the hippies of the flower power generation to wean them away from intoxicants and towards bhakti, this book urges an understanding of peace and the purpose of God realisation. It was written to break the illusion that any talk of incorporating spirituality into what we think of as our work life is esoteric, whimsical or even impractical. With each step and chapter, this book shows that there are deeper dimensions to many of the key principles that govern institutions, their building and management, and notions of success. It seeks to highlight that embracing the higher spiritual truth takes us closer to our greatest possible achievements and dreams, and not away from them. This is because anything that is done as an offering to the Divine taps into a higher purpose and calling. The success of such a task touched by grace could attain immeasurable heights. Simply put, God can take our plans to destinations and heights that we cannot imagine, and therefore offering our endeavours as service to Him is a resonant teaching of Srila Prabhupada. One of the ways we could create space for this recognition is to schedule reflective time—time spent chanting, offering obeisance to a Deity at home, or during a visit to a shrine or temple that appeals to us. It is important to note that perhaps, we live in the first period of history where we have, in many ways, cut away all space and time for anything spiritual or meditative. In earlier generations, people usually had space and time for a temple visit, a fast associated with some ritual or an altar at home. There was a palpable sense of understanding the role of God in our lives—an act that taught us humility and a deeper realization of our position vis-a-vis the Divine. The primary tool that this book offers is the understanding that leadership is a by-product of empathy and a definite sense of self-effacement. True leaders seldom put their needs above those of the organization or people who work under their instructions. Leadership, therefore, is about cultivating a rooted conviction of service, the ability to see goals and aspirations beyond limited personal milestones and work for targets that might subsume or negate personal achievement markers. Leadership is also about understanding and explaining the idea of purpose and a fundamental sense of honesty—what needs to be done must be done with the greatest integrity. The common understanding is that certain kind of ethical and moral frameworks given to us from the world of spirituality could be critical in the way we build institutions, including those related to business. Sociologist Max Weber spoke of the 'protestant work ethic' and how its virtues, such as, hard work, honesty, relentless focus and undistracted belief helped capitalism flourish. But Srila Prabhupada's teaching goes much deeper. He is not encouraging us to seek the Divine because of mere material benefits or financial success. According to Prabhupada, that would be limited and futile. He is instead urging us to have a much deeper comprehension of what life truly is and who grants us the grace to lead a fruitful life. Prabhupada teaches that the answer lies in our own understanding that the best kind of performance in any activity, not just a job, is when that activity is conducted and presented as an offering to the highest level possible—a tribute to the Divine.

Horoscope Tomorrow, July 13, 2025: Your zodiac insights await
Horoscope Tomorrow, July 13, 2025: Your zodiac insights await

Time of India

timean hour ago

  • Time of India

Horoscope Tomorrow, July 13, 2025: Your zodiac insights await

Aries You will begin to see the benefits of your new diet and exercise regimen. At work, if there's something you're passionate about, you'll need to advocate for it yourself—so be patient and strategic. Effective time management is crucial for those appearing in tests or competitions. A family member's initiative could prove valuable. Even if it causes discomfort, unity brings strength. Financial gains may also be on the horizon. Taurus Adopting a healthier lifestyle is likely to boost your well-being. Academically, you may be focused on regaining lost ground. Your self-confidence will grow as you take more control at work. Travel plans may be shaping up. Letting go of minor worries will help maintain mental peace. Today, you may feel like indulging in a bit of luxury. A property division will likely satisfy everyone involved. Gemini Your creative efforts could finally begin to pay off. However, without your involvement, renovation projects might stall. Exercise will help you get back in shape. Parental support will be strong and uplifting. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Be alert to coworkers who habitually postpone tasks. In academics, procrastination can be risky—so start taking action now. Cancer Sticking to your routine will help maintain good health. If you help someone today, the favor may return to you in unexpected ways. Financially, gains will start accumulating, improving your monetary situation. At home, create an ideal atmosphere for study to succeed academically. Family will respect your decisions. Travel lovers may embark on the trip of a lifetime. Legal matters may also turn out in your favor. Leo Incorporating healthy foods into your diet will be beneficial. A forthcoming real estate deal could bring solid gains. An exciting trip is likely. Academically, keeping your options open will serve you well. At work, if you play your cards right, success is within reach. Independent professionals can expect good earnings. You might find yourself busy organizing a celebration at home. Virgo A balanced diet will keep you strong and energized. Meeting someone influential today may positively impact your career. A profitable commission in a transaction could improve your financial standing. Effective preparation can help rebuild your academic confidence. Domestic life will be peaceful. If you're traveling north, luck may favor your aspirations. Libra Creative individuals will likely find success, with their work in high demand. Health remains excellent. Improvements at home will bring comfort. A journey with good company will turn into a delightful experience. Waiting just a bit longer could help you find better investment opportunities. With the stars aligned, it's a great day to follow through with your plans. Stay positive and focused in your studies. Scorpio Even if your workout routine feels uncomfortable, stay committed—it will pay off. A spontaneous family outing is on the cards. It's important to build goodwill, even with those who may not favor you. Steer clear of workplace controversies. Smart investments are likely to enhance your financial health. Property paperwork is expected to be completed soon. Sagittarius Your dedication to a healthy routine will keep your health in top shape. Financially, this is a good time to invest in high-yield opportunities. Avoid putting off work tasks, as this could lead to stress later. Your help will be greatly appreciated by someone today. Home renovation may begin, but be prepared for it to take up a lot of your time. If you're traveling long distances, an early start will ensure a smoother experience. Capricorn A nutritious diet and regular exercise will keep you fit. If you're aiming to make your mark professionally, speak up and make yourself heard. Business owners may consider expanding into new, profitable areas. A family reunion could bring joy and reconnection. You may also plan an adventure trip with friends. In academics, stay organized and set clear priorities to succeed. Aquarius Good health will help you stay upbeat and productive. Academic success depends on focused effort—start now to achieve your goals. A countryside getaway may offer the peace and reflection you need. Building a positive public image will benefit you personally and professionally. If you want a task completed quickly, take charge. Financial prospects look promising. A few of you may be traveling to meet someone special. Pisces Regular workouts will help you stay at peak fitness. If your academic performance has dipped, it's time to take corrective steps. A financial windfall could be headed your way. Business owners can expect a rise in profits. Peace at home will allow you to recharge. Those traveling far will enjoy an enriching and joyful experience. Discover everything about astrology at the Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces .

Critical minerals push: India to make rare earth magnets in Hyderabad; G Kishan Reddy says move to cut China reliance
Critical minerals push: India to make rare earth magnets in Hyderabad; G Kishan Reddy says move to cut China reliance

Time of India

timean hour ago

  • Time of India

Critical minerals push: India to make rare earth magnets in Hyderabad; G Kishan Reddy says move to cut China reliance

India will begin domestic production of rare earth magnets in Hyderabad in a bid to reduce reliance on Chinese imports and strengthen its position in critical technology manufacturing, Union Coal and Mines minister G Kishan Reddy said on Saturday. Speaking to ANI, Reddy said the Centre has tasked the National Institute for Transforming Science and Materials (NFTSM), under the Ministry of Mines, with driving this initiative in partnership with industry players. 'The central government has decided to produce rare earth magnets in Hyderabad. Our Mining Ministry's NFTSM institute is working diligently, along with various industries, to manufacture the necessary machinery,' he said. Reddy added that a demonstration of India's indigenous capabilities in manufacturing permanent magnets would be ready within the next 3-4 months. 'This initiative involves collaboration between industry, mining, and other ministries, and has been discussed with Prime Minister Narendra Modi. The Central Government is working seriously towards the production of rare earth magnets,' he said. The move comes in response to China's decision earlier this year to restrict exports of certain rare earth materials. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Dukung Orang Terkasih Menghadapi Limfoma: Mulai Di Sini Limfoma Pelajari Undo 'We were 100% dependent on China for rare earth permanent magnets, but recently China denied supplying to us,' the minister said. In April 2024, China imposed export controls on a list of rare earth-related items, triggering supply disruptions globally and prompting countries like India to fast-track domestic production plans. Industry bodies have welcomed the government's efforts. Pankaj Mohindroo, Chairman of the India Cellular and Electronics Association (ICEA), praised the initiative, particularly the incentives being considered to support magnet manufacturing. The push to develop rare earth capabilities falls under the broader Critical Mineral Mission announced by Finance Minister Nirmala Sitharaman in the 2024-25 Union Budget. In January 2025, the Cabinet approved the launch of the National Critical Mineral Mission (NCMM), with a budgeted expenditure of Rs 16,300 crore and an expected investment of Rs 18,000 crore by public sector undertakings. Rare earth magnets are key components in a range of high-tech applications including electric vehicles , mobile phones, wind turbines, and defence systems. Stay informed with the latest business news, updates on bank holidays and public holidays . AI Masterclass for Students. Upskill Young Ones Today!– Join Now

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store