Kochi is fast emerging as an IT destination in India. The recent growth in the IT sector coupled with new infrastructure initiatives from the government has made Kochi one of the technological hotspots of the country. Kochi has become one of the major attractive options for corporates looking to expand their business in South India due to availability of affordable and skilled labor.
Right from the inception of Infopark in 2004, an initiative by the Government of Kerala, Kochi has not turned back at welcoming new companies to its forte. Infopark is spread over 260 acres of land with two phases. Notable multinational corporations in Infopark include TCS, Cognizant, Ernst & Young and KPMG. A huge real estate boom was triggered with Infopark attracting major players from all part of the globe. Infopark changed the culture and lifestyle of Kakkanad as a whole with commercial and residential ventures extending the limits of Kochi further north. Villas and flats for sale in Kochi are in huge demand with the real estate market booming like never before, mainly as an impact of IT industry.
Smart City is another initiative which promises a huge push to the IT industry in Kochi. A joint venture by Government of Kerala and Dubai Holding, this project envisions 6.2 million sq ft specifically for IT and IT enabled service sector industries.
Kochi promises to be the go to destination for IT in India due to its well connected transport system, numerous infrastructure projects and its wide-ranging industries. In addition, Kochi offers a clean green environment that gives an excellent alternative to businesses looking to shift from highly polluted and congested bases. Kochi opens its arms wide to migrants looking to start their career in IT industry as it’s a city with a blend of heritage, culture and modernization.