Coastal Karnataka never had a shortfall of talent, considering the number of students passing out from colleges in the region, even 92% of the best minds who migrated from the coast are willing to return home if they get meaningful opportunities, said Suyot Shetty, CEO, Niveus Solutions, on Thursday.
Speaking at CII Mangaluru Infrastructure & Logistics Summit’s session on transforming Mangaluru through Next-Gen Infrastructure, Mr. Shetty dwelt upon “Mangaluru as the Next Tech Destination: Leveraging Cloud, Talent and Innovation” here. He maintained that companies should engage local talent to be part of the journey in the coming years. “When we started companies in coastal region earlier, there was always apprehensions that where would you get the talent. We do not have to fear there is a shortfall of people in this part of the world. If you give them right opportunity and adequate salary, we see people coming to Mangaluru,” he said.
He said the consumption of cloud globally scales up, adding Mangaluru is in a good position where cloud infrastructure could be set up. Government policies, availability of land and proximity to power are favourable for anyone to set up data centres in Mangaluru.
G. Sundararaman, Wipro Research chief scientist and Head, said vast opportunities will be created in the semiconductor industry in tier 2 and 3 cities across the country. The nation is in an absolute tech decade in the world with vast opportunities in the semiconductor industry; the cascading effect will happen in Mangaluru too, he said.
Rohith Bhat, president, The Indus Entrepreneurs (TiE), Mangaluru, in his opening remarks, said Mangaluru’s gross domestic product is larger than every city of Uttar Pradesh, except Noida. He said the region has a good ecosystem, companies, and a pool of talent with several engineering and other colleges. Entrepreneurs can pick up the best of the brains available in this talent pool.
Mr. Bhat also said there is a cost advantage in terms of office and residential costs in Mangaluru.