The Karnataka government revealed the plan to develop a SWIFT (Startups, Workspaces, Innovation, Finance and Technology) city near Bengaluru’s Sarjapur, a similar city to the recently announced KWIN city.
According to Karnataka minister MB Patil, SWIFT city will enhance the start-up ecosystem in Bengaluru and will be one of the major industrial hubs in the tech capital.
Karnataka government also has plans to expand Bengaluru's success statewide with 5 Mini KWIN Cities, including Vijayapura & Hubballi-Dharwad.
SWIFT City Features
- SWIFT city will spread across 1,000 acres, close to IT hubs with excellent connectivity to NH 44 and NH 48.
- 8 to 10 Plug-and-Play facilities. (20–25 acres each)
- 150m wide connecting roads, state-of-the-art offices, co-working spaces, residential blocks & schools.
- Land parcels from 5,000 to 20,000 sq. ft. for startups through lease, sale, or equity-sharing models.