Global research firm 2thinknow has placed Indian Silicon Valley, Bengaluru at the 19th spot amidst 25 most hi-tech cities in the world. On this achievement, Karnataka Ministers - Industries & Infrastructure Minister R.V.Deshpande and IT & Tourism Minister Priyank Kharge said in a media statement that this \u201cwas possible because of the government\u2019s policies and vision\u201d.\r\n\r\n\u201cThe global recognition for Bengaluru -- the only Indian city to figure in the list -- was a vindication of the government\u2019s initiatives,\u201d the Ministers added.\r\n\r\nResearch firm 2thinknow specialises in analysing innovative cities. While San Francisco has grabbed the top spot in the list, Bengaluru has surpassed cities such as Berlin, Hong Kong and Shenzhen.\r\n\r\nIn 2016, 2thinknow placed Bengaluru at 49th position globally. The firm has provided the report on the basis of 10 factors related to technological advancement \u2014 including the number of patents filed per capita, startups, tech venture capitalists, ranking in other innovation data sets, and level of smartphone use.\r\n\r\n\u201cNo other city in 2thinknow's ranking climbed as far compared to 2016's ranking as Bengaluru, which moved from 49th place to 19th. The change is due to an influx of IT companies and the city's enormous population of programmers. Half of India is under 25, and many are entering the growing tech space, creating a virtuous circle of growth,\u201d the research firm said.\r\nBengaluru: The Rising City of Karnataka On The Global Map\r\nAs stated by IT Minister of Karnataka, Priyank Kharge, \u201cBengaluru, as a city, is technology-friendly and adapts to changes easily and fast. Being a tech hub also enabled the city to become one of the best innovation eco-systems in the world.\u201d\r\n\r\nAs per Inc42 Data labs report, in H1 2017 Bengaluru beat Delhi to emerge as the most favoured funding destination for startups. Currentl, home to unicorns like InMobi and Flipkart, Bengaluru embraces in itself 6000+ startups presently. Since January 2015 to June 2017, 686 startups from Bengaluru have raised $6.34 Bn in funding respectively.\r\n\r\nBengaluru has also been in the top 22 tech cities across the world in affordable living, as per the Savills Tech Cities Index. Overall, the city ranks a low 20 amongst the tech cities in the world, with Austin topping the list, followed by San Francisco and New York.\r\n\r\nAnd when it comes to the cost of living index, Bengaluru tops the charts with a weekly residential rent for tech employees and household standing at $236 \u2013 compared to the other tech cities\u2019 average of $368.\r\n\r\nHere are a few key pointers from other reports:\r\n\r\n \tIn May 2017, Zinnov revealed that Bengaluru is the prime destination for IoT (Internet of Things) startups in the country and accounted for 52% of the total IoT startups in India.\r\n \tAccording to a global Startup Ecosystem Report published Compass in 2015, Bengaluru was ranked amongst the Top 15 startup ecosystems around the world.\r\n \tThe report further mentioned that the growth in VC investment in Bengaluru was 4X in 2015\r\n \tThe same report also quoted Bengaluru as the city with fastest annual growth in the number of seed rounds over the last two years with 53%.\r\n\r\nKarnataka Government: The Contribution In The Growth Of State As Well As \u2018Indian Silicon Valley\u2019 Bengaluru\r\nAs stated by Minister Deshpande to ET, \u201cIn 1997, when no one spoke about information technology, not even the Union Government, we brought out the first IT policy. There were, of course, reservations, but we went ahead and created an exclusive department for information technology. This helped develop an eco-system and get institutions such as IIIT-B. All these factors helped.\u201d\r\n\r\nHe also revealed that at present more than 400 firms are engaged in R&D in Karnataka, further building investors confidence and trust in government commitment. \u201cWe should not rest on this laurel, and we have the potential to rise further in the ranking,\u201d he added.\r\n\r\nCommenting on this global achievement of State\u2019s capital city Bengaluru, Priyank Kharge, said, \u201cTimely government-intervention and policies have created a good eco-system for technology. We were the first to identify technology as the sunrise industry and helped create an entire eco-system here.\u201d\r\n\r\nHere are a few recent announcements of Karnataka Government to boost the state\u2019s startup ecosystem.\r\n\r\n \tIn July 2017, launched ELEVATE 100, an initiative that aims to identify and support 100 of the most innovative startups in the state, guiding them to the next level of success. So far, 1700 applications have been received.\r\n \tIn July 2017, the Minister of Industry and Commerce Nirmala Sitharaman revealed plans to set up a Startup Coast in Karnataka, in order to facilitate entrepreneurs in South India.\r\n \tIn May 2017, launched ELEVATE initiative, in partnership with the Deshpande Foundation and TiE. The goal of the programme was to identify and support 1,000 startups from smaller cities and towns.\r\n \tIn May 2017, the state\u2019s agriculture department started a $1.5 Mn (INR 10 Cr) fund for companies in the agritech field. Plus, it also created a $1.65 Mn (INR 10.7 Cr) fund to support 26 startups in the biotechnology sector.\r\n \tIn March 2017, Priyank Kharge announced a $1.4 Mn fund for women entrepreneurs.\r\n \tIn September 2016, the Karnataka Startup Cell poured $300K (INR 2 Cr) into eight startups in the tourism sector.\r\n \tIn July 2016, it launched a number of schemes, which included a $60 Mn fund, and a startup cell in Karnataka Biotechnology, and Information Technology Services\r\n\r\nThe Karnataka Government\u2019s efforts to boost the state\u2019s startup ecosystem are proving to be fruitful. The rise of Bengaluru city on the global map is an indication of how the stakeholders in startup and tech community are becoming a torch bearer for the generations ahead. No wonder, the Silicon Valley of India has finally raised its flag and as Minister Deshpande rightly said, Bengaluru does have the potential to rise further in the ranking.