Kerala To Soon Launch Its Own Laptop Under 'Coconics' Brand

With an aim to transform the state into an electronics manufacturing hub, Kerala has launched its own laptop brand.

Coconics, which is a Public-private partnership (PPP) will soon begin manufacturing laptops in the state.

It is a joint venture between the Kerala government and US-based technology major UST global.

UST Global holding will have a? 49 per cent share, while Keltron has 26 per cent and KSIDC will own 23 per cent stakes and Axeleron has 2 per cent shares in the venture that is set up at a cost of Rs 30 crore.

The laptops will be manufactured at the State-run Keltron campus in Neyyattinkara, Thiruvananthapuram.?

According to Kerala Chief Minister Pinarayi Vijayan, the project also includes the involvement of KSIDC and Axeleron and will have the guidance and technical assistance of the Intel Corporation.

"We are going to leverage the advantage we have in human resources by pivoting to Hi-tech manufacturing," Vijayan said in a Facebook post.

He also added that Coconics project aims to develop quality laptops and servers in Kerala and the focus will be on providing electronic hardware to government offices, educational institutions and businesses.?

The project which has a capacity to produce two lakh laptops annually will soon go into commercial production.

The first line of Coconics laptops will be launched on February 11th, during the Electronic Manufacturing summit in Delhi.

Coconics is said to be the first PPP project manufacturing laptops and servers in India.