Recession to help Kerala’s IT industry?

The biggest built-in space for IT anywhere in India is here – Techno Park – the first exclusive technology centre in the country that came up 18 years ago in Thiruvananthapuram.

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But today the worldclass building can boast of no more than 150 IT companies, with 30,000 direct employees under its roof while the 3 other southern cities have grown 20 times faster according to the STPI. Former member of the state’s planning board Vijaya Raghavan admits that poor governance and too many hartals deterred Kerala from fast connecting to the IT world.

“The government delayed its decision with regard to SEZ, and when that happened investor confidence came down. The perception is negative and has become more negative due to lack of consistency in policy decision,” said Vijaya Raghavan, Former Member, Planning Board.

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