Kerala, also known as God’s Own Country, is a state in the southwestern region of India. With its breathtaking backwaters, lush greenery, and stunning landscapes, Kerala has always been a popular tourist destination. But, that’s not all there is to this beautiful state. Kerala is also emerging as a hub for businesses, with recent developments and updates that are worth noting.
Here’s a look at some of the breaking business news in Kerala:
1. Startups Take the Lead – Kerala has been one of the most vocal supporters of the start-up culture in the country. In recent years, the state government has taken several initiatives to encourage and support startups in Kerala. As a result, many startups have emerged in the state, particularly in the technology sector. These startups have been successful in attracting funding from investors and have created numerous job opportunities.
2. Tech Mahindra to Set Up A Centre Of Excellence in Kerala – Tech Mahindra Ltd. recently announced that it will set up a Centre of Excellence in Kerala. The centre, which will be located in the state’s capital city of Thiruvananthapuram, will focus on areas such as artificial intelligence, machine learning, blockchain, and cybersecurity.
3. The Rise of E-Commerce – Like the rest of the country, Kerala has witnessed a surge in the usage of e-commerce platforms. With the pandemic forcing people to stay indoors, more and more consumers are turning to online shopping. Kerala’s business owners have taken note of this trend and are now investing in online platforms to reach their customers.
4. Technopark is Expanding – Technopark, located in Thiruvananthapuram, is India’s largest IT park. The park, which was established in 1990, has been the driving force behind Kerala’s emergence as a technology hub. The government has recently unveiled plans to expand Technopark, which will create additional job opportunities in the state.
5. Tourism Gets a Boost – Kerala’s tourism sector has been hit hard by the pandemic. However, the state government has taken several steps to revive the industry. The government has launched campaigns to promote domestic tourism and has introduced measures to ensure the safety of tourists. These initiatives have started showing results, with the state seeing a surge in the number of domestic tourists.
In conclusion, Kerala is fast emerging as a hub for businesses, with significant developments and updates taking place in various sectors. From startups and technology to e-commerce and tourism, the state is witnessing dynamic growth and progress. With the government’s support and the state’s entrepreneurial spirit, Kerala is well poised to become a hotbed of innovation and progress in the years to come.
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