IT boosts Kerala's image as investment destination
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IT boosts Kerala's image as investment destination
 

Thiruvananthapuram : The fast-growing Information Technology sector in Kerala has helped the state live down its long-held image as a poor destination for investment bedevilled by labour troubles and political meddling.

The IT sector in Kerala has so far remained largely free from militant trade unionism and strikes, which had stalled flow of investment to the manufacturing sector, and often prompted several existing units shift to other states over the decades.

"Yes, IT is on an upswing in Kerala with the growth far surpassing the national rate. But the striking thing about the IT growth in Kerala is that it helped the state to establish itself as a highly attractive destination for investors," said Mervin Alexmander, CEO of Technopark here.
Posted On : 26 Aug 10
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IT boosts Kerala's image as investment destination
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