Why Mangalore and Udupi Are Emerging as the ‘Silicon Beach’ of India

Come Y2K and cities like Bangalore and Hyderabad were booming with IT industries. Being termed the Silicon Valley of India, today, Bangalore is home to more than 67000 registered IT companies with IT exports worth more than 53 billion recorded in the financial year 2021-22. However, multinational companies and startups are now looking for greener pastures to set up software companies. Dakshina Kannada and Udupi are showing a promising future for IT industry.

So, why is there a sudden shift from booming Bangalore to setting up software companies in Mangalore?

Well, Bangalore nearing its saturation point in terms of infrastructure and available facilities could have triggered this sudden move. Startups and multinational companies now see a future in setting up IT services in Mangalore and Udupi, ensuring the Silicon Beach of India emerges as the next top destination for the IT industry in India.

What is Silicon Beach of India?

So, the Silicon Beach of India is a private initiative by people who are collectively investing talent and also resources to promote digital infrastructure along the coastal regions of Mangalore and Udupi. While initially being known for its educational institutions and as a health care hub, the coastal towns are now gearing up to become the future of IT sector in India through the Silicon Beach program.

Why These Coastal Cities Are Emerging as the next software hub of India?

Although big cities like Bangalore and Hyderabad are nearing their saturation point, Mangalore and Udupi have to offer digital infrastructure that is on par or in fact, better than these major cities in order to attract the IT industry. Today, these coastal cities are transforming the IT landscape by becoming the hub for software companies in India.

Why Mangalore and Udupi are the next big IT destinations in India

Pool of talent

With more than 25 and counting engineering colleges and 10000+ engineering graduates every year, Mangalore and Udupi have no dearth of talent. Further, with more than 150 graduation colleges in and around the coastal cities, the talent pool is brimming. More students are opting to stay within the local confinements of Silicon Beach of India, closer to home. Today, there is less brain drain and migration from Mangalore and Udupi leading to a hub of inbred talent.

Reduced operational costs

In the words of Mr. Mohammed Hanif, CFO at Novigo Solutions, Mangalore, Mangaluru has a minimized operational cost compared to other cities in India. Mangalore has around 10% lower costs. During recession, these lower operational costs will help the IT sector.

World-class infrastructure

Infrastructural development plays a crucial role for software companies in Mangalore. With a functioning International Airport, managed office spaces and also the development of government-initiated IT parks, Mangalore offers world-class infrastructure to support a digital boom. In fact, this year will see the establishment of an IT park and more in the ensuing years.

Work-life balance

The Silicon Beach cities of India allows employees to travel anywhere within the city in 15 minutes. Premium residential solutions, state-of-the-art health care facilities, well-crafted leisure and dining experiences, and also internationally acclaimed educational institutions provide employees with all the benefits of bigger cities, but with the advantage of a cleaner environment, work-leisure blend, and also enhanced standard of living.

How does the digital infrastructure in Udupi and Mangalore look in the future?

Without a doubt, the future of IT sector in Udupi and Mangalore looks promising. Multinational companies including tech giant like Infosys have their offices in Mangalore. Many other bigwigs are joining the wagon. The coastal cities look to surpass other tier-two cities when it comes to IT services in Mangalore and Udupi. The two cities are gearing up to take center stage in delivering state-of-the-art digital infrastructure, made possible by a conducive and favorable environment. Additionally, the coastal charm and rich culture enhance the overall positive vibe.

Webtree Software Solutions, a leading software company in Mangalore provides top IT services and digital marketing solutions to clients worldwide. Contact Webtree Software Solutions today.