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However, the dynamics have changed significantly, especially after the COVID-19 pandemic. Many professionals sought opportunities closer to home, avoiding the need to relocate to Bengaluru or abroad. Addressing this shift, there has been a growing demand for enhanced local infrastructure, including IT parks, to support employment within the city.
Vertex Workspace: Meeting the New Workforce Needs
Mukund MGM Realty took a bold step by introducing the innovative concept of Vertex Workspace during the pandemic. This initiative provided IT professionals the resources needed to work with global companies while staying in Mangaluru.
The pandemic saw a significant return of IT professionals who previously worked in Europe, the US, Singapore, Japan, and Gulf countries. These individuals faced challenges like unreliable high-speed internet and inconsistent power supply while working remotely. Vertex Workspace addressed these issues by offering top-notch infrastructure, allowing these professionals to remain productive and connected.
Government Initiatives and Growing Opportunities
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At the forefront of this growth is Vertex Workspace, which spans 1.5 lakh square feet and supports over 35 organizations. This has directly contributed to the creation of 2,500 jobs, with more professionals now working for the same international firms but from their hometowns. The project has gained immense popularity, and over 25 companies are currently vying for space at Vertex.
By 2025, Mangaluru is expected to witness the entry of several global IT giants, potentially generating over 10,000 additional jobs, according to Gurudatta Shenoy, a managing partner at Mukund MGM Realty.