Friday, September 28, 2007

All eyes on Cochin.

Kochi is the arguably the ideal starting point for exploring the unfathomable diversity and beauty of Kerala, rated in the top three tourist destinations by the World Travel & Tourism Council and featured in National Geographic Traveler's '50 greatest places of a lifetime'.
Kochi had come second among the `super nine ITES cities' in a study undertaken by NASSCOM.The study on the IT framework pertains to the key sectors of telecom, power, real estate, manpower and policy initiatives. Hyderabad has taken the number one slot in the overall ranking.
Cochin is home to many large and medium scale industries making it the commercial capital of Kerala. For centuries, Cochin has been a very important trading post on the west coast of India, paving way for trade with the Chinese, Portuguese, Dutch and British. Today, Cochin is a bustling industrial centre with industries ranging from ship building to handicrafts and petrochemical refining to spice trading.
One of the advantages of Kochi in the telecom sector is that it is the point of landing for the SEA-ME-WE-3 and SAFE submarine cable landings. The city derives another advantage from the fact that the VSNL's primary international gateway in India is at Kochi.
Infopark, in Cochin is turning out to be one of the major attractions in Cochin. Huge funds are flowing into it nowadays. Wipro had built up 8 buidings with similar shape and size. The construction work is in the final stage. L&T had come up with a new building where large companies are expected to set up there base. More and more investments are yet to come.
The Kinfra Export Promotion Industrial Park in Kochi provides basic infrastructure for many an industry like garments, chemicals, food and engineering. The biotechnology park coming up at Kalamasserry is another attraction for investors. The park boasts of a technology incubation centre with pilot plant facilities. In addition to basic infrastructure, it provides specific facilities such as biotech lab, gene bank, computer lab and R&D facilities.
Yet another attractive feature of Kochi being projected by the Industries Department is the aviation sector and the international airport in Kochi. More than a dozen international airlines are already operating flights from the Nedumbassery airport. Apart from the aviation sector, there is scope for water transport. Kerala's long coastline offers tremendous scope for investment in high-end luxury liners connecting the tourism spots and neighbouring countries like Maldives and Sri Lanka.
So in the coming few years... hope Cochin will scale greater heights and brings out a huge contribution to the GDP of the country.

(Reference: The Hindu, Wikepedia)

1 comment:

Anonymous said...

The contents in this section really sounds good for a typical investor...and in the near future..Cochin will get a great place among the top tier places in India

From an MBA student,