�requesting the formation of a municipal corporation by combining the existing municipalities of Fort Kochi, Mattancherry, and Ernakulam. The government appointed a commission to study the feasibility of the suggested merger. Based on its report, the Kerala Legislative Assembly approved the corporation's formation. On 1 November 1967, exactly eleven years since the establishment of the state of Kerala, the corporation of Cochin came into existence. The merger leading to the establishment of the corporation, was between the municipalities of Ernakulam, Mattancherry and Fort Kochi, along with that of the Willingdon Island, four panchayats (Palluruthy, Vennala, Vyttila and Edappally), and the small islands of Gundu and Ramanthuruth.
Kochi witnessed economic stagnation in the years following India's independence. The city's economic recovery gathered momentum after economic reforms in India introduced by the central government in the mid-1990s. Since 2000, the service sector has revitalised the city's stagnant economy. The establishment of several industrial parks based on IT and other port based infrastructure triggered a construction and realty boom in the city. Over the years, Kochi has witnessed rapid commercialisation, and has today grown into a commercial hub of Kerala
