New Jersey and Karnataka find common ground as states of innovation

The Indian state of Karnataka, located on the Western coast of the country, has long been known for its thriving startup and innovation ecosystem. Now it will be known as a sister state to New Jersey.

As part of Gov. Phil Murphy’s economic mission trip to India with Choose New Jersey, the states announced they have signed a memorandum of understanding that aims to strengthen collaboration in technological innovation, research and entrepreneurship.

“New Jersey and Karnataka are both powerhouses of innovation, with thriving technology and life sciences sectors that shape the future of our economies,” Murphy said. “This partnership will create new opportunities for trade, deepen collaboration in technology, and promote innovation, while reinforcing the strong economic and cultural ties between our regions.”

Under the terms of the MOU, the two governments will support startups in sectors such as life sciences, technology, including artificial intelligence and cybersecurity, and electronics and semiconductors, providing soft-landing opportunities and guidance for market expansion in each region.

“It is an honor to formalize this sister state agreement with Karnataka, a global leader in innovation and entrepreneurship,” Lt. Governor Tahesha Way said.

Way, who was not on the current trip, signed the MOU in her role as secretary of state on a previous trip to India.

“Having signed the Letter of Intent during my visit to India a few months ago, I am delighted to see this agreement come to light,” she said. “This agreement strengthens the bridge between our regions and sets the stage for a future of shared success.”

The partnership fosters collaboration across technological ecosystems, connecting industry, academia, and government. The MOU, which will remain in effect for two years with the option to renew, symbolizes a commitment from both governments to creating a dynamic, globally integrated ecosystem that supports emerging tech companies and fosters sustainable economic growth.

“New Jersey and India share deep economic and cultural ties that drive success among the world’s fastest-growing industries,” Choose New Jersey CEO Wes Mathews said. “This partnership allows New Jersey to remain at the forefront of innovation in life sciences and technology, where increased collaboration will bolster our world-class talent pool and meet global demand for research and emerging technologies.”

Karnataka’s capital, Bengaluru, is one of the country’s largest and most important economic hubs.

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