India, Nov. 7 -- The Karnataka Cabinet on Thursday approved the Karnataka Innovation Policy 2025-2030, a five-year roadmap with an outlay of Rs.518.27 crore, aiming to create 25,000 new startups and reinforce the state's position as India's leading innovation hub.

Announcing the decision after the Cabinet meeting, Law and Parliamentary Affairs Minister HK Patil said that of the 25,000 startups planned, 10,000 will emerge from clusters outside Bengaluru, marking a major push to decentralize innovation and entrepreneurship.

"The policy will help nurture ideas throughout their lifecycle by providing access to mentorship, funding, infrastructure, and global networks. Karnataka wants to build a vibrant innovation ecosystem that drives sustai...