| |
Software Kerala |
 |
|
|
|
|
|
| |
Kochi Business View |
|
|
|
|
|
|
 |
|
|
| |
Know the City |
|
|
|
|
|
|
|
|
|
| |
History of Kochi |
|
|
|
|
|
|
| |
E Governance |
|
|
|
|
|
|
| |
|
|
Kochi is the economic capital of Kerala by volume of trade,
though, unlike other South Indian cities, Kochi has been
slow to industrialise. In recent years the city has rejuvenated
from its economic stagnation and has witnessed heavy investment,
posting a GDP growth rate of 8.3%; thus making it one
of the fastest-growing second-tier metro cities in India.
The economy of the city can be classified as a business
economy with emphasis on the service sector. Major business
sectors include gold and textile retailing, seafood and
spices exports, information technology (IT), tourism,
health services, banking, shipbuilding, and the fishing
industry. The economy is mostly dependant on trade and
retail activities. As in most of Kerala, remittances from
non-resident Indians (NRI)s is a major source of income.The
city also houses Kerala's only bourse — the Cochin
Stock Exchange.
Kochi is a major destination for IT and ITES companies,
ranked by NASSCOM as the second-most attractive city in
India for IT-based services. Availability of cheap bandwidth
through undersea cables and lower operational costs compared
to other major cities in India, has been to its advantage.
Various technology and industrial campuses including the
government promoted InfoPark, Cochin Special Economic
Zone and KINFRA Export Promotion Industrial Park operate
in the outskirts of the city.
The establishment of a larger hi-tech business campus,
the Smart City which encompasses the present InfoPark,
is under final stages of discussion. Eloor, situated 17
km north of the city, is the largest industrial belt in
Kerala, with more than 250 industries manufacturing a
range of products like chemical and petrochemical products,
pesticides, rare earth elements, rubber processing chemicals,
fertilisers, zinc and chrome compounds, and leather products.
A biotechnology campus is also under construction at Kalamassery.The
Cochin Shipyard in Kochi is the largest shipbuilding facility
in India. |
| |
|
|
|
|
