IT growth in Mangalore

DAKSHINA KANNADA - POTENTIAL IT DESTINATION

P E O P L E A N D L A N D

The region provides the ideal social and economic scenario imperative for any strategic investment. People are service oriented and entrepreneurial.

•	Educated, Multicultural, multi-religious and cosmopolitan society with quality living standards. Literacy rate is 100%.
•	Locales in sylvan surroundings, unpolluted atmosphere and a moderate climate with good rainfall.
•	A popular tourist destination with a virgin coastline and places of scenatic beauty.
•	Temples, ancient forts, etc. dot the landscape epitonizing the region's rich cultureand eventful history.
•	For those incluned, there are clubs, bowling alleys, pubs and hangouts for entertainment.

Railway- Konkan railway is already operational.
Airport- daily connections to Bangalore, Mumbai.
Power- on par with best in Karnataka.
Telecom- 2 Telecom District are operational Mangalore and Udupi.

C O S T F A C T O R

The region offers great competitive edge to the investors through low cost infrastructure, real estate and manpower. It has all the advantages of a growing modern city and none of the shortcoming of an over populated metropolis.

•	Offers maximum payoffs, especially for the manpower/ technology dependent industries.
•	Real estate costs are 25-30% lower than Bangalore. The region offers good real estate setup with both built-up and vacant land available in abundance.
•	Support costs are estimated to be 20% lower than Bangalore.
•	Easy availability of trained manpower in engineering, management, basic sciences and arts from reputed institures. Around 7,500 graduates pass out every year including about 2,500 in engineering. More than 70% of them are trained in basic IT. A large pool of diploma holders are also available.
•	Manpower costs are estimated to be 30% lower than Bangalore.

Growth Potential for ITES in Mangalore..

•	Recommanded McKinsey Draft for ITES Policy to Karnataka Government.
•	Mangalore well Positioned for ITES, BPO by Government of Karnataka.
•	ITES revolution is expected in Mangalore.
•	2,25,000 jobs will be get created in Secondary cities of Karnataka by 2010- McKinsey.
•	Rs 3 Crore each to first 3 ITES successful Companies- Government of Karnataka.
•	Good English speaking population.
•	Very High Literacy rate.
•	Less operating cost.
•	Lower investment cost.
•	Technically Skilled manpower- more number of Engineering Colleges.