Infosys, Intel win Karnataka IT Rathna awards at Bengaluru Tech Summit-2022

Infosys and Intel bagged the Karnataka IT Rathna awards at the 25th edition of the Bengaluru Tech Summit (BTS) 2022 held in Bengaluru, informed a press release.

Infosys and Intel bagged the Karnataka IT Rathna awards at the 25th edition of the Bengaluru Tech Summit (BTS) 2022 held in Bengaluru, informed a press release.

Bengaluru: Visitors pose for photographs during the inauguration of the Bengaluru Tech Summit 2022, at Palace Ground in Bengaluru. (PTI Photo/Shailendra Bhojak) (PTI)

The awards which were given away at the meet have been instituted by the Software Technology Parks of India (STPI) and are given to companies that have clocked more than ₹10,000 crore in exports.

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Minister for IT-BT, Science & Technology Dr C N Aswath Narayan also honoured companies such as TCS, Bosch, Mindtree, and 21 others with the award 'IT Pride of Karnataka' for clocking ₹2,000 crore to ₹10,000 crore in exports.

Speaking on the occasion, the Minister said "Karnataka is clocking exports worth ₹1 lakh crore annually and expressed hope that it would rise to ₹1.5 lakh crore in the next three years and also achieve $1 trillion in the digital economy space."

However, the Minister expressed anxiousness over the 40% shortage of finances in the current account despite a high turnover in exports from the state. He urged the IT captains to raise exports and reduce imports to maintain a good balance of trade. He also assured the industry that the government will continue to extend its support.

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Aravind Kumar and Shailendra Tyagi of STPI, IT Vision group chairman Kris Gopalakrishnan, Additional chief secretary of IT-BT department E V Ramana Reddy, and director Meena Nagaraj were also present at the vent.

Other than them, Accenture, Amazon Development Centre, Dell, EIT Services, Goldman Sachs, HSBC, IBM, JP Morgan, Juniper Networks, Mercedes Benz, Microsoft, Qualcomm, Samsung, SAP Labs, Standard Chartered, VMware and Wipro won the IT Pride of Karnataka awards.