does a commendable analysis of the traffic scenario in the metropolis. As this blog has been emphasizing, its Kochi that attracts most of the investments in Kerala, hence this only metro of the state must get maximum support infrastructure. Otherwise, it will choke the growth of tax revenue for Kerala govt - over 60% of the tax revenue is generated from Kochi. Massive investments in projects needed... Read Full Story
India would soon have a 100-storeyed building The New Delhi-based Zoom Developers has planned to build a 100-storey office complex in Kochi, Kerala. At Rs 1 crore per acre, the 40-acre tract has been purchased by the Zoom Developers from the Kerala Industrial Infrastructure development (Kinfra) to build an international trade and convention centre at Kochi. The 100-storey building developed as a part of the project will be around 1,640 ft (500 metres) in height. As per the mandate from the... Read Full Story
TIE - Infopark interaction ‘Tier 1 Indian cites to lose IT jobs to tier 2 cities’ May 29th, 2008 - 5:15 pm ICT by admin - Kochi, May 29 (IANS) In five years, 1.7 million jobs in Information Technology (IT) sector in India will move out of tier 1 cities like Delhi, Mumbai, Pune, Bangalore and Hyderabad, to tier 2 cities, Siddhartha Bhattacharya, Infopark’s chief executive officer, said here. Bhattacharya was speaking Wednesday at a discussion organised by The Indus Entrepreneurs (TiE... Read Full Story
Finally actions set to bear fruit. Solid waste management is being implemented scientifically in Kochi. It is one of the first South Indian city of its size to have such a facility. Waste management law from June 1 Staff Reporter... Read Full Story
...still one has to keep fingers crossed 8 SEZs and some mega projects like Sobha Hitech City may be cleared soon. Kerala likely to get eight new SEZs Thiruvananthapuram, May 27 : The Kerala government is planning to forward eight applications for the establishment of Special Economic Zones (SEZ) to the centre, an official said here Tuesday. The state already has one SEZ at Kochi, and 11 approved and two approved in principle zones. Speaking to reporters here, State Industries Minister... Read Full Story
Big time for manufacturing in Kochi Close on the heels of big investments at CSEZ by Magnum aviation big initiatives have come forth in manufacturing by CII. They have correctly zeroed in on Kochi to promote the industrial clusters. CII plans to launch six steel clusters in Vizag BS Reporter / Chennai/ Hyderabad May 26, 2008, 3:26 IST The Confederation of Indian Industry (CII) plans to launch six new small and medium enterprises clusters in Visakhapatnam for steel companies. It would... Read Full Story
മാതൃഭൂമി ധനകാര്യം 26-05-2008 Infopark achieved 90% frowth in software exports during 2007-2008 posting a Rs.368 cr ($87 million). Less than 4 years old, this is a stupendous growth by any IT park in the state. Combined with the software exports from Muthoot Technopolis in CSEZ (Rs.120 cr.), total exports from Kochi is Rs. 488 cr which is more than 40% of state's IT exports in 2008 pegged at Rs.1200 cr (click). Muthoot Technopolis is barely two year old into its functioning. In total Kochi's... Read Full Story
After the temporary slowdown in implementation for a few months starting from last year, CIAL projects are moving forward. MRO-Hangar works are back on track and CIAL is starting an aircraft maintainence engineering diploma program this year using this facility. RADAR is being set up and the equipment will reach CIAL by June end. Aerotropolis is gaining momentum by identifying priority of projects to be implemented. Revenue and employment generating projects are getting priority... Read Full Story
Finally, action on important road projects Collector orders speeding up of work on Edappally overbridge Staff Reporter The work is 45 days behind schedule... Read Full Story