KERALA THE EMERGINGINVESTMENT DESTINATION
KERALA – A FACT FILE • Area - 38,863 Sq. Km. • Population – 31.8 mn • Literacy rate – 92% • Climate – Moderate tropical • Language – Malayalam; English is widely spoken • Rich in agricultural produce & Mineral deposits • International sea port at Cochin • 3 International airports at Kochi, Calicut & thiruvananthapuram • Excellent road network • 7 Minor Ports
KERALA – UNIQUE ADVANTAGES • Salaries – 1/5th of the international average • Operational costs less than 50% when compared to the other Indian cities • Rentals lower by more than 60% in comparison to other Indian cities • Power and water tariff among the lowest in the country • Human Development Index at par with the West • Strategic location on the trans- national trade corridor connecting Europe and Pacific rim easily accessible with 3 international airports at thiruvananthapuram, Kochi and Calicut and an international seaport at Kochi • Ranked best in India in terms of PQLI.
KERALA – SOCIAL ADVANCEMENTS Source : Overseas Development Council, USA
KERALA – ON A FAST TRACK • Investment Promotion Board - • Committee of Senior Secretaries to Govt. headed by Chief Secretary - Fast track mechanism for speedy clearance of projects • Single Window Clearance System - • Single Point Contact Scheme for all clearances • the first State in India to do so with statutory backing
FEW MAJOR UPCOMING PROJECTS • International Container Transshipment Terminal (ICTT) at Cochin - US$ 670 mn • LNG regasification terminal at Cochin- US$ 450 mn • Natural gas pipeline project in Kerala- US$ 440 mn • National Highway development project- US$ 650 mn • Expansion of Kochi Refineries & SBM project US$ 600 mn • Dubai Internet City US$ 350 mn
KERALA – POTENTIAL SECTORS • Tourism • Health care • Education • Information Technology • Infrastructure • Manufacturing
TOURISM • Kerala - Rated by the National Geographic Traveler as one of the ten paradises of the world The State has • Enchanting hill stations • 600 Kms Shoreline with exotic beaches • Extensive stretches of breath-taking backwaters across the State • Tourism arrivals having increased many folds over the last five years • Scope exists for setting up high quality world class hotels/resorts across the Kerala.
HEALTHCARE • India’s best healthcare indices • Around 25 Specialty Hospitals & 13 medical colleges • Health sector attracting massive investments, the industry is poised for a major leap forward • Health tourism is a fast emerging sector • thiruvananthapuram the capital of Kerala is fast emerging as the” medical capital” of Kerala with 4 medical colleges and about a dozen super /multi specialty hospitals. • Opportunity exists for investors to set up more world class health care infrastructure including hospitals, R&D facility, medical device manufacturing facility etc
INFORMATION TECHNOLOGY • India’s most advanced datacom and telecom infra • Huge reservoir of skilled manpower • SAFE & SEA-ME-WE-3 cable landings with 15 GBPS bandwidth • 100% digital exchanges - 988 exchanges • Opportunity exists for investors in IT and ITES related activities like Software, BPO, Call centre, back office operation etc. • Opportunity also for investors for investing in IT infra development.
INFORMATION TECHNOLOGY 100% of telephone exchanges digital National ILD Hub Universal OFC connectivity across State 1st wireless district in the country Highest telecom density Cochin – Communication Hub – SEA-ME-WE-3 & SAFE cable landings – abundantbandwidth
MANUFACTURING • The presence of highly skilled workers with a short learning curve provides one of the ideal requisites for setting up manufacturing units in Kerala. • The prospective investor can leverage on the cost advantages by way of salaries, power and water charges, rentals, cost of living etc and can think in terms of relocating their business to Kerala. • Kerala produces 93% of the total natural rubber in India and is ideal for rubber related units. Manufacture of medicines/herbal extracts in the Rs 100 Million Ayurveda sector is an other viable proposition.
INFRASTRUCTURE • Ready to occupy infrastructure Technopark in Thiruvananthapuram and Infopark in Kochi have paved the way for development in the IT sector in Kerala. • Opportunity exists in setting up specialized industrial parks developed with • readymade state-of-the-art infrastructure • Ready to lease plots • dedicated power and water supply etc • Other viable propositions include: setting up theme based special economic zones, Shopping malls and entertainment centre like multiplex, Theme based amusement parks, etc.