Industries minister PK Kunhalikkutty inaugurated the IT Mission’s ITES Habitat Centre Stage-II facility on Friday at the Jawaharlal Nehru International Stadium complex, Kaloor, here.
The facility consists of 23 independent cubicles of size ranging from 100 to 500 sft to accommodate small, startup and IT and ITeS units. The project cost for stage II, III development is estimated to be Rs 2.37 crore.
The Habitat Centre will be directly managed by Kerala State IT Mission and a mission coordinator woule be stationed at the centre. The structure is designed in such a way as to operate the centre in a self-sustainable way without government budgetary support.
At present, more than 50 successful enterprises employ 300 people at this centre. With the Stage-II commissioning 23 new IT/ITES units employing up to 150 people will be soon operational , a press release said. Once the total expansion work is completed it is estimated that this centre can employ 500 persons with 65 independent IT units.
Unlike major IT parks which demands huge investment to start a business, a young entrepreneur with 4 employees can straightaway start a business by paying a paltry amount as licence fee per month to KSITM at ITES Habitat Centre.
Common services such as front office, reception, security & maintenance services and other common utilities are managed by KSITM.
The contract has been put on hold and further payments have been stopped
According to the PDEXCIL, post such a mega cluster, the industry expects a global share of 10 per cent by 2017-18 from current 5.2%