Kerala plans to invest 10,000 Crore in IT sector

By siliconindia   |   Wednesday, 18 February 2009, 23:27 IST   |    1 Comments
Printer Print Email Email
Alappuza: Anticipating five lakh new IT jobs in the next five years, the government of Kerala is looking to invest 10, 000 crore in the state's IT sector. Laying the foundation stone for a 500 crore IT Park in Alappuza district, Chief Minister V.S. Achuthanandan said that the government was according top priority for development of the IT sector in the state. Achuthanandan pointed out that the new IT park to come up in about 100 acres of land is a part of the government initiative to promote such parks in all districts in the state. Chief Minister also mentioned that the work on the Smart City IT park in Kochi would be started after moving all hurdles.