Upcoming New Tech Park in Yelahanka?

Nine projects with ₹13,487 crore investment sanction!

Tech Industry

What & Where is Yelahanka?

Yelahanka is a suburb of Bengaluru (Bangalore) city in the state of Karnataka, India.

Yelahanka lies to the north of Bengaluru.

It is older than the Bengaluru (Bangalore) city, which has now overgrown engulfing a significant number of its neighboring villages and towns.

Demographics

Areas Elevation: 915 m (3,002 ft)

Yelahanka had a populace of 93,263. 

Males established 54% of the populace while Females populace is equivalent to 46%. 

Map: Yelahanka, Bengaluru

The proficiency rate was 75%, higher than the public normal of 59.5%: male education was 80%, and female education was 68%.  

Almost, 11% of the populace were under 6 years old. 

The populace in Yelahanka has ascended to around 300,000 in 2011.

Project Description:

The State government on Wednesday (12th May) approved nine projects with a total investment of ₹13,487 crores.

The approval of this investment came from the State High-Level Clearance Committee chaired by Chief Minister B.S. Yediyurappa on Wednesday (12th May). 

They are expected to generate job opportunities for significantly 6,256 people.

A release said that of the total investment proposal sanctioned on Wednesday, ₹13,174 crores pertains to fresh investments.

This investment approved of ₹4,042-crores is integrated for the township at Yelahanka, which is being developed by Rasasri Tech Park Ltd.

Other core investments include ₹892 crores to produce liquid oxygen, gaseous oxygen, liquid nitrogen, gaseous nitrogen, and liquid argon for the elevation of an area of 8.27 acres in the Ballari district.

What's New in Tech Hub?

Bengaluru has emerged world's fastest-growing tech hub in the world since 2016, while London is second!

Bengaluru is also ranked sixth (6th) for the world's tech venture capitalist (VC) investments, scaling after the global list, where topped by Beijing and San Francisco, New York, Shanghai, and London making up the top five.

There are 10 Magnificient Software Technological Parks in Bengaluru and One more to be introduced soon

• Electronic City
• Bagmane Tech Park
• Manyata Tech Park
• International Tech Park
• Prestige Tech Park
• RMZ Infinity
• Ecospace Business Park
• Global Village Tech Park
• Embassy GolfLinks Business Park, and
• Embassy TechVillage 

After all, Bengaluru is the IT capital of India popularly known as Silicon Valley of India.

Purpose of Tech Hub?

Tech hubs recite, develop, educate and encourage new knack and ways of thinking.

Furthermore, emphasis space where high-tech business growth, elevation can be accelerated and in turn, bring prosperity to the community.

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