P Rajeeve, Minister for Industries, said Kerala will set up its first robotics park in Thrissur. He said the project will come up on a ten-acre plot in the central Kerla district. The minister made the remark at the valedictory ceremony of the day-long Robotics Round Table in Kochi on Friday.

“KSIDC is ready to give equity investments in five robotic startups this financial year. Besides, KSIDC will increase scale-up loans for robotic startups from Rs 1 crore to Rs 2 crore, said Minister Rajeeve. He also said the government will also conduct a Global Investors Meet next February.

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Inker Robotics CEO Rahul Balachandran said the proposed robotics park will have RoboLand as its first section. “It will hold programmes related to AI and audio-video reality,” he said at a panel discussion.

The other three sections of the robotics park will have an institute for robotic courses, a centre for the production and development of robots by Inker, which is a Kochi-based startup, and an incubator that can take care of ten nascent firms. Principal Secretary (Industries and Commerce), APM Mohammed Hanish was also present.

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