In a heartening news, the city of Visakhapatnam is all geared up to have its own Centre of Excellence for Internet of Things (IoT). Senior director in the Union Ministry of Electronics and IT, Mr. B Krishna Murthy, on Friday said that this centre will prove to be a major boost to the city’s startup ecosystem.
The first Centre of Excellence (CoE), which was initiated by NASSCOM in association with the Union Ministry of Electronics & Information Technology (MeitY), was set up in Bengaluru in 2016. Similar centres have been proposed in the cities of Gurgaon, Gandhi Nagar, and Visakhapatnam.
“The proposed Centre of Excellence on IoT in Vizag will have an incubation centre with 20 to 25 start-ups and a laboratory. It will extend help start-ups in their projects. The facility will help young start-ups work on their ideas and take it to fruition. Creation of right ambiance, laboratory and having experts will be the game changer for the industry and the economy too. The AP government will provide 10,000 sft site for the Centre of Excellence project and plans are afoot to have collaborations with industries, PSUs, and colleges for the infrastructure. Many research students would need an IoT lab for designing their projects. They can collaborate with the government,” Mr. Murthy was quoted as saying by The New Indian Express.