He also quoted data from the Centre of Science and Environment, according to which an unskilled worker loses anywhere between INR 7200-19,600 each year because of traffic, a skilled worker could lose up to INR 23,800, and a highly skilled worker could go beyond INR 30,000, pointing to the need for immediate decongestion in Bengaluru.
The event intended to affirm the state's position as one of the world's leading hubs for AVGC-XR and a key driver of India's global leadership in immersive media and entertainment.
The state has set new targets for the manufacturing sector to boost yearly growth rate to 12 per cent and even attract investments worth INR 7.5 lakh crore.
Indian GCCs are a USD 65 billion business within the USD 254 billion IT sector in the country, employing 1.9 million people. Of this, Karnataka contributes 34 per cent to the GCC sector.
In light of the fresh GCC policy unveiled by Karnataka's Chief Minister Siddaramaih, Kharge said that the state intends to attract as many as 500 new GCCs in the next 4-5 years with USD 50 billion dollars in investment.
The Government of India has approved new Inter State Transmission System (ISTS) schemes to evacuate 9 gigawatts (GW) of renewable energy (RE) power from Rajasthan and Karnataka and these schemes are part of 500 GW RE capacity by 2030 out of which 200 GW is already connected.