15 April 2024 – In an effort to attract investments in IT, ITeS, and Electronics Systems Design and Manufacturing, Mysuru is relying on its eight engineering and twelve polytechnic institutions, five universities, and enhanced connection to Bengaluru with the opening of two Vande Bharat trains and a motorway. “Mysuru’s startup scene has been steadily expanding, with more and more business owners starting projects in a variety of industries.
According to Shivashankar B, CEO of SJCESTEP, the Startup Technology Business Incubation Centre for Mysuru, over 100 startups operate in Mysuru, covering a wide range of sectors, including technology, electronics, healthcare, education, tourism, defence, and more.
The city is obviously full of optimism with the introduction of a number of new projects, including a plan to establish Multi-Tenancy Clean Rooms for the Semicon industry, two Electronics Manufacturing Clusters (EMCs) and a world-class advanced electronics test and certification facility. Experts do anticipate further state and federal government interventions to guarantee that new projects are carried out on schedule, however.
Conclusion
On the other hand, he claims that because of competition from other IT centres, Mysuru city has trouble keeping talent because of its inadequate infrastructure. Furthermore, Mysuru’s very low market awareness makes it difficult to draw in projects and investments.