Big Tech Show-2024 showcases Mysuru as an emerging technology hub

India’s First Printed Circuit Board and Supply Chain Cluster in Mysuru: Message from Minister Priyank Kharge

Mysore:Increasing significantly Economy of KarnatakaIndia’s first printed circuit board (PCB) manufacturing and supply chain cluster to be set up in Mysuru

In a message read out yesterday at the fourth edition of Mysuru Big Tech Show-2024 at the Infosys campus, Union Minister for Electronics, IT/BT Priyank Kharge said, “This will truly make Mysuru the Silicon City of India.”

He also informed that Karnataka’s new ESDM (Electronics System Design and Manufacturing) policy will be updated in the coming months, similar to the Global Capability Centres (GCC) policy, which is expected to be released by September-end.

The minister further highlighted the government’s support for startups. “If startups get involved in the ‘Beyond Bengaluru’ initiative, the government can become their first customer. More than 15 technology companies have expanded their operations in this cluster in the last 12 months,” he said.

“With the addition of the 235-acre Electronic Manufacturing Cluster (EMC) 2.0 in Mysuru, we have received a strong investment flow that is expected to inject over Rs 5,000 crore and create over 3,000 new jobs. We also want to set up a dedicated PCB cluster in the region,” he said.

KEONICS Chairman Sharath Kumar Bache Gowda said, “Mysuru’s talent is key to driving innovation and attracting investments to this cluster. It is encouraging to see more global companies and international participation at today’s event.”

Growth of Mysuru cluster

Dr Ekroop Kaur, Secretary, Department of Electronics, IT, BT and Science and Technology, noted, “The Mysuru cluster is developing as an extension of the Bengaluru technology hub and has immense potential to achieve equitable and sustainable growth.”

“Our new cybersecurity policy, linked to the centre of excellence at IISc, will work on a spoke model, promoting Mysuru as a cybersecurity hub,” she added.

BV Naidu, Chairman, KDEM, noted, “Mysuru is increasingly becoming a popular destination for enterprises and startups, positioning itself as the next Silicon City in Karnataka, especially with its technology clusters, cybersecurity and ESDM initiatives.”

Incubators and accelerators

Pavan Ranga, CEO, Rangsons Aerospace noted that Mysuru is home to numerous IT and biotech parks and a thriving startup ecosystem, supported by various incubators and accelerators. The Electronics Manufacturing Cluster (EMC), spread over 235.5 acres in Kochanahalli Industrial Area, Mysuru, is a major leap forward, with a project cost of Rs 245.67 crore, and is set to change the cluster’s growth story.

Sudhanva Dhananjaya, Leading Industry Presenter, Mysuru and Founder, Excelsoft, presented his vision for the Mysuru BIG Tech Show cluster: B: Be in Mysuru, I: Invest in Mysuru and G: Grow in Mysuru.

He added, “The government is promoting Mysuru and has big plans for the EMC cluster near Nanjangud. The event in Mysuru has brought about a surge in intellectual property, innovation and interest from global leaders looking for partnerships and business opportunities, which is very encouraging.”

Sanjeev Gupta, CEO, KDEM, highlighted that Mysuru is witnessing dynamic growth in IT, biotechnology and other high-tech sectors.

The event featured several important panel discussions with experts from around the world, covering key issues shaping the city’s technological landscape and its economic future.

The grand event concluded on a high note, showcasing the potential, opportunities, readiness, talent, technology ecosystem, policy support and strong industry confidence in the Mysuru cluster as the emerging technology hub of India.

It currently contributes less than $2 billion in revenue as part of the state’s $220 billion overall technology. It promises growth of 8-9 percent year-on-year over the next five years.