TravelTill

Economy of Kochi


JuteVilla
rt and import of container cargo at its terminal at Willingdon Island. The International Container Transshipment Terminal operating out of Vallarpadam, is India's largest transshipment terminal. Cochin Port Trust also planning to build an Outer Harbour near Puthuvype. Upon completion it will be the largest port in South Asia. Kochi's historical reliance on trade continues into modern times, as the city is a major exporter of spices and is home to the International Pepper Exchange, where black pepper is globally traded. The Spices Board of India and World Spice Organisation are headquartered in Kochi.

The IT and ITES related industries are growing up in Kochi. Availability of cheap bandwidth through undersea cables and lower operational costs compared to other major cities in India, has been to its advantage. Various technology and industrial campuses including the government promoted InfoPark, Cochin Special Economic Zone and KINFRA Export Promotion Industrial Park operate in the outskirts of the city. Several new industrial campuses are under construction in the suburbs of the city. SmartCity at Kakkanad is the prominent project under proposal. Cyber City at Kalamassery is another integrated IT township SEZ being planned in the private sector.

Kochi has an established electronics hardware industry with companies such as V-Guard Industries, FCI OEN Connectors and SFO Technologies. The Government of Kerala has announced a project to build an industrial park named Electronic City spanning an area of 340 acres (140 ha), to cater to the electronic hardware industries. The private operator NeST is building a Special Economic Zone specifically for electronics hardware spanning an area of 30 acres (12 ha).

The Cochin International Airport is in the process of setting up an aerotropolis at Nedumbasserry
JuteVilla