Maker Village Kochi to get a makeover with improved facilities
As many as 17 startups located here have been able to generate their first Purchase Orders and already started selling in the market.
The ultra-modern facility, spread over an increased physical space of 60,000 sq ft, will be officially launched in the presence of Kerala chief minister Pinarayi Vijayan along with the inauguration of the "integrated startup complex" at Kalamassery in Kochi this Sunday.
Maker Village, the electronic system design and manufacturing (ESDM) facility and hardware incubator, is an innovative joint initiative of union ministry of electronics and information technology of Kerala and IIITMK, Thiruvananthapuram. It has currently 65 hardware startup companies from across the country developing a range of exciting products in cutting edge technologies.
A total of 25 (both national and international) patents have been filed by 14 companies from Maker Village and another eight companies are in the process of filing patents in the next two months. As many as 17 startups located here have been able to generate their first Purchase Orders and already started selling in the market.
“The cumulative investment in startup companies of Maker Village during the last year is about Rs 16 crore and it will increase manifold with the new facilities,” said Prasad Balakrishnan Nair, CEO, Maker Village.
The startup companies of Maker Village work in divergent areas such as automation, robotics, drones, Internet of Things, autonomous vehicles, bio-medical instrumentation, and energy Management while anchoring on cutting edge technologies like Machine Learning, Artificial Intelligence, and Augmented Reality /Virtual Reality.
“In order to facilitate creating a robust and sustainable hardware ecosystem for prototyping, product design and development, it is in the process of creating a collaborative platform where sharing of talent, ideas, technology, equipment, services and exchange of best practices can be facilitated,” Nair said..
As part of this initiative, Centers of Excellence (CoE) enabling hardware product development by top global technology solution providers are being instituted at Maker Village. The first such CoE by Altair, a globally renowned engineering solution provider, with key focus on engineering design through simulation driven innovation, will be launched along with the inauguration of a scaled-up Maker Village.
“Such collaborations with global players will help the hardware ecosystem to mature faster and would address many of the pain points typical of hardware startups,” he said.