Mysore a Developing IT Hub
- 10th Jun 2016
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Mysore has been an attraction as a hotspot for the Indians followed by the Bangalore and Hyderabad citizens due to factors like price cut-throat, sound infrastructure and connectivity to Bangalore.
From further analyses the major reasons behind Mysore being secure as a developing IT hub.
Known for the attachment for a string of historical places and a conglomeration of cultural festivals and art, Mysore is lending a fresh perspective to its existence by arise as one of the most endeavor -after destinations for beginners in Southern India. The city has seen an evident surge in IT startups in past few years due to affordability and availability of supporting infrastructure to cater to all key aspects of business
From established companies to startups, every company is venturing in to Mysore’s IT domain. Most entrepreneurs who are initially contemplating to launch their startups in the Silicon Valley of India’s, Bangalore, have eventuallychoose for Mysore to extricate money. Hyderabad too is with their same problems. But what is really driving the trend of the startups in Mysore? Let’sdivide into the top reasons that have led to this modification in Mysore.
Road Connectivity
One of the major points for cascade startup trend in Mysore it its deal road connectivity to the Silicon Valley of India—Bangalore. According to the found director of Rishabh Ventures, Rishabh H Acharyais queuing up to acquire space for their business startups in Mysore. The city is ideal for business person who for some reason cannot find space in Bangalore but still want to stay in that place near the contiguity to the Valley of India for business purpose. Mysore and Bangalore has a road connectivity of 140 km’s he added.
Affordable Rents
Touted as the Silicon Valley of India, Bangalore is bustling with newcompanies from all over the world. This has not only led to obstruction intrader’s space, but also propelled a step rise in rentals for business operations.
Commenting on the new trend in Mysore, Acharyasaid, that renting a commercial trader’s space in Bangalore is an expensive deal for setups. Rental for commercial space in Indira Nagar, the ongoing rate isbetween Rs 40,000 to 60,000 per30 days while in Mysore it is between Rs 10,000-20,000 per month for a normal beginning.
Most technology ventures in Mysore are paying around 10,000 per month is way to less than the rental in Bangalore he adds.
Good Infrastructure
Mysore is replete with sound infrastructure to help startupsoutshine, grow and expand to their full potential. “Bangalore as enhance as worth as Mysore,when it says to good development. However, it is more affordable speaks Acharya.
Low Traffic
Traffic disorder were a nightmare in Mysore in past, especially on the 139km Mysore-Bengaluru Highway. However things have completely changed after the intervention of the ruling government and now the places is known for its ultimate traffic management.
“Like everything else, planner also has its do’s and don’ts. In case of Bangalore its main challenge is growing traffic which is congestion to roads and the public due to the exponential growth. As compared to Bengaluru, Mysore has reasonable traffic which is one of the main beneficial points why it has become a preference destination for beginners “said Acharya.
Jaunting Destination
Re-establish as the Palace City of India, Mysore is one of the most remarkable jaunting destinations in the country. Its places are some of the most visited place in the world. The city boasts of a string of museums, wildlife, gardens and temples among the tourist attractions.
Mysore is one of the most important tourist destinations in South India. This has also helped it emerge as the endowment hub commented Acharya.
Not just for beginners, many established It new companies from across the country are also contemplating to blitz in to Mysore. Some of them such as Wipro, Infosys and IBM have already set their headquarters in the city.
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