Karnataka plans to develop SWIFT City (Startups, Workspaces, Innovation, Finance, and Technology) in Sarjapura, Bengaluru, to foster integrated industrial development in the State.This will be Karnataka’s third major planned industrial hub after Electronic City and ITPL. The project involves reserving over 1,000 acres of land in the Sarjapura Industrial Area for this purpose.
Sarjapura has been identified for its strategic location, being close to National Highways 44 and 48, as well as its proximity to Bengaluru’s thriving IT hub. The envisioned city aims to become a start-up hotspot, featuring 8-10 Plug-and-Play infrastructure facilities, each spanning 20-25 acres.
SWIFT City will offer offices, residential spaces, and co-working environments to support start-ups, creating a structured industrial network that fosters collaboration. Small and medium-sized start-ups will benefit from spaces ranging from 5,000 to 20,000 sq ft, available through lease, sale, or investment-sharing models. The city is hoped to become a leading hub for innovation in AI, data analytics, and fintech, the minister emphasises.
