Kochi, the commercial capital
Kochi, a small city in the south of India, is the commercial capital of Kerala. Kochi is recognized as one of the seventeen major cities of India in a study conducted by World Bank (Business Development 2009). The last few years have seen a considerable amount of investment in the service sector leading to a boom in the information technology sector. With the ever increasing GDP, Kochi is destined to be the fastest growing second tier metro city.
Booming IT industry
Home to many multinational companies like EY, Tata Consultancy Services, Cognizant, Wipro, and KPMG there seems to be a natural demand for employees in the IT sector. The second biggest contributor to Kerala‘s IT exports has seen the opening of several IT parks across the state. Infopark , a 5 million square feet IT hub based in Kakkanad, houses around 250 companies and employs around 25,000 employees. One of the biggest draws to Kochi is the availability of 15 Gbit/s bandwidth, through undersea cables ensuring seamless data flow. The Smartcity IT park, a public private venture of the Dubai Internet city group is the first Smartcity project in India and is widely expected to provide 30,000 jobs. Other notable projects like Electronics City(2,000,000 sq. ft.) , CyberCity Kochi(10,000,000 sq. ft.) are expected to generate about 30,000 jobs in the IT and ITES Sector. The close proximity of the Cochin International Airport is also a big draw for IT companies.
Kochi, the hub of innovations
Kochi is home to the Startup Village, a technology business incubator. It is the first of its kind in India which is funded jointly by the public and private sector.
Kochi, a cultural and tourist destination
Kochi with its multi cuisine restaurants is a famous tourist destination. Kochi was recently host to the Muziris Biennale, an international cultural event.