Reliance Industries chairman Mukesh Ambani announced that the group would be investing close to Rs 1,000 crore in Kerala in the next three years. The bulk of the investment would be made by Reliance Infocomm for networking Kerala with its fibre optics as well as setting up 50 digital centres in the state. Reliance Petroleum would set up nearly 450 retail outlets in the state, he added. Software giant Microsoft would shell out a lion share of its Rs 100 crore investment in Kerala for funding its information training and dissemination project, Project Siksha,, senior company official said.
Other projects announced include a $ 10 million to $ 15 million ITES project by Sutherland Terch Roster which promises to give employment to 1,500 people. The project would be ramped up at a later stage, he added. GE CAP's IT services project and LB Tech's BPO centre.