Bengaluru Tech Summit 2020
- Karnataka Deputy CM Dr. C N Ashwath Narayan launched the 1st State BioEconomy Report during the ongoing Bengaluru Tech Summit.
- Karnataka’s BioEconomy has grown by 14 to 17 percent in the previous two years, contributing 10.3 percent to the Gross State Domestic Product.
- Karnataka’s BioEconomy is expected to touch 42 billion US dollars by 2025.
- BioEconomy refers to all the biological resources to produce food, feed, bio-based products, energy and services.