With more focus on hardware as the software sector is undergoing stagnation, Kochi is all set to host its first national hardware startup conclave on March 10. The event is to be organised by Maker Village, a Kerala-based hardware electronic incubator.
Around 1,200 hardware startups from across the country as well as several major companies including Lockheed Martin, Siemens, Dassault, Qualcomm, Intel, ARM, Imec and Bosch will participate in the event. It is an opportunity for young startups to showcase their products to the world.
The event will feature talk sessions, funding opportunities and an expo in which several stalls will be set up.
Kerala was once known for electronics and automation. However, over past few years due to several unfavourable circumstances, the situation changed, and other states jumped ahead.
Meanwhile, the government has adopted a favourable policy by which the state of Kerala can become favourable again.
From the last few years, several incubation programs have been organised to promote startup culture in the country.
Recently, Facebook in association with Hyderabad-based tech start-up incubator T-Hub launched an accelerator program ‘India Innovation Hub Accelerator Program’ for startups working in the Augmented Reality/Virtual Reality (AR/VR) space in the country.
In January, Kerala Startup Mission or KSUM in association with Zone Startups India launched ‘Kerala Accelerator Program’ to promote revenue making startups across the country.
Last year in November, India’s largest technology incubator T-Hub announced the launch of its first accelerator programme in collaboration with Microsoft. The three months long programme was launched in February.
The development was first reported by ET.