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| Home / Investing in Kochi |
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Kochi is one of the largest cities of Kerala and its biggest metropolis.
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The economy of the city can be classified as a business economy with concentration
on the service sector.
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Major business areas are Gold and Textile retail, Seafood and spices export, Information
Technology, Tourism and allied services, Health Services, Banking, Shipbuilding
and allied activities and Fishing.
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The state government has given importance to the establishment of Information Technology
and Business Process Outsourcing enterprises to exploit the opportunities that have
arisen in the field.
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Projects include Kochi Info Park, Smart City Project, SEPZ (Special Export Processing
Zone).
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IT and BPO are seen as fields where there is employment and revenue potential for
the city.
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Demand is fuelled by remittances from NRIs, largely from the middle east.
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Some of the major private industries include Madhava Pharmacy, Alliance Leathers,
Binani Zinc Ltd.., Cochin Leathers Pvt. Ltd. United Catalysts India Ltd. Kainady
Tanneries, Sri Shakthi Paper Mills Ltd. Travancore Rayon Ltd.
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The establishment of some of the important government and public sector institutions
also forms an integral part of the economy of Kochi. These include The Southern
Naval Command, Cochin Shipyard, Cochin Port Trust, Kochi Refineries Ltd., Fertilisers
and Chemicals Travancore (FACT), The High Court of Kerala, Hindustan Insecticides
Limited, Hindustan Organic Chemicals.
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Some of the important educational institutes include Amrita Institute of Medical
Sciences and Research Center, Medical Trust Hospital, Ernakulam Medical Center,
Cochin University of Science and Technology, Central Institute of Fisheries, Nautical
and Engineering Training, Central Marine Fisheries and Research Institute, Model
Engineering College.
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