Karnataka Minister unveils 1,000-acre ‘SWIFT City’ plan in Bengaluru's Sarjapur

Bengaluru: Several decades after developing the Export Promotion Industrial Park (EPIP) in Whitefield as well as the Electronics City, the state government on Saturday unveiled its plans to set up another hub, which will be known as ‘SWIFT City’ at Sarjapur. This will focus on Startups, Workspaces, Innovation, Finance, and Technology, Industries Minister M B Patil said.

The project involves reserving over 1,000 acres of land in Sarjapur, which is close to National Highways 44 and 48, as well as its proximity to Bengaluru's thriving IT hub. 

“Despite the presence of thousands of companies in Bengaluru, many stakeholders have expressed dissatisfaction with the lack of well-planned workspaces. To address this, we will provide 150-metre-wide connecting roads in Sarjapur and ensure world-class facilities, including residential clusters and schools,” M B Patil said.

SWIFT City will offer state-of-the-art offices, residential spaces, and co-working environments to support startups, creating a structured industrial network that fosters collaboration. Small and medium-sized startups will benefit from spaces ranging from 5,000 to 20,000 sq ft, available through lease, sale, or investment-sharing models. 

“Innovative concepts are essential to attract investors. If we don’t take proactive steps, neighbouring states could gain an edge in securing investment opportunities. Our government is committed to staying ahead by ensuring investment inflows, employment generation, and economic growth,” MB Patil said. 

DH had reported that the Karnataka Industrial Area Development Board (KIADB) has started the process of acquiring land in Sarjapura for the creation of an IT park. While the development will excite the business community, it is going to displace the life and livelihood of residents living in the area.