Kerala Sees Big Fish In ITs Pond

Thiruvananthapuram: | Updated: Jan 17 2003, 05:30am hrs
Atleast 12 big names are expected to click on Kerala for new projects during the forthcoming Global Investment Meet (GIM), according to State IT Secretary Aruna Sundararaj. This is likely to bring in a minimum investment of Rs 1000-crore, generating 25,000-30,000 direct employment within the next two years.

Apart from Microsoft, companies like British Telecom, Reliance Info, GE Capital, Sutherland, Mckinsey, Wipro, the New Delhi-based ITES major Daksh and a couple of other companies have almost committed to specific projects in Kerala which will be announced at the GIM,

Ms Sundararaj told reporters on Thursday. MoUs are likely to be signed with these companies.

Although the bulk of the investment from the big league will be in tune with Keralas pitch to be the countrys BPO capital, it is also eyeing investments in software development and training centres, she said.

Some of the projects showcased are the masterplan for the second phase of development of Technopark drafted by Ernst and Young, Kovalam - Technopark IT Corridor, Kinfra IT Park in Kochi and the second IT Campus in Kochi. Akshaya, the Rs 750-crore digital divide project of Kerala Government will open 10,000 centres in two years. This will open up 30,000 to 50,000 direct employment opportunities.