Mysore contributes only 2 per cent of the total software exports from the State. By 2020, software exports from Mysore should go up to at least Rs. 20,000 crore, co-chairman of the Karnataka ICT Group B.V. Naidu said here on Saturday.
Mr. Naidu, who has served as director of Software Technology Park of India (STPI) in Bangalore, said Mysore was the second city after Bangalore where STPI launched its activities in 1999 to promote IT development.
“Nearly 14,000 to 15,000 employees are working in the IT industry in Mysore, exporting software worth Rs. 2,000 crore. This is less for a city like Mysore which has immense potential for IT expansion. We have larger expectations from Mysore,” he said at the inauguration of SPICity Phase II of Software Paradigms Infotech Pvt. Ltd.
Mr. Naidu said more IT companies must focus on expanding their operations to Mysore, and the city needs at least 1,000 successful start-ups to take the IT growth forward and realise the target.
Mr. Naidu, who is chairman and CEO of Sagitaur Ventures India Pvt. Ltd., said the Karnataka ICT Group had identified seven cities, including Mysore, for IT expansion as the target set for 2020 was to increase software exports to Rs. 4,00,000 crore and create 20 lakh jobs.
Talent development centre, incubation centre and innovation centre would be opened in these seven cities for IT expansion, he said.
Mr. Naidu suggested that the growth had to be balanced between IT and electronics.
Referring to attrition in IT companies in Mysore, he advised knowledge workers not to leave the city and instead help in the efforts being made to develop and promote Mysore as the next best destination for the IT sector.