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Cochin is a 1 million plus port city located in
Kerala
State
in South West India.
Cochin is the nearest
Indian
Port
(just 11 nautical miles!) to the
Europe-Pacific Rim International Sea
Route
. Not surprisingly, for most of recorded history, Kerala had
more international trading links than most other places in
India
. Her spices were treasured in far-off
Rome and
Egypt as well
as in
China
. It brought her famed visitors. The Arabs came first in
India
to Kerala in 712 A.D. Vasco Da Gama came to Kerala in 1497 A.D.
Even today, all the economic
powerhouses of Asia are closer to Cochin than to any other
Indian city.
Called the Queen of the Arabian Sea
since yore because of her geo-strategic locational position,
Cochin is now being developed as a multi-modal logistics hub to
capitalize on that advantage, and as a hub to service the South
Asian market.
Cochin International Airport is the
only airport in the private sector in India . It is well
connected to West Asia, Singapore , and Colombo . Efforts are
underway to develop this facility into a logistics hub. An
aircraft maintenance facility and a refueling complex are also
planned.
Cochin port’s container terminal
currently handles under 200,000 TEUs a year. The Dubai Ports
International is to invest in the Cochin Port to make it an
international container transhipment terminal. This is sure to
increase direct sailings to the major markets of the world.
The Indian State of Kerala is renowned
for having attained a high Human Development Index comparable to
US and West European levels. 91% of her 30 million people are
literate. A highly developed social infrastructure in terms of
housing, education, health care and transport services,
telecommunication and entertainment facilities has sustained
this for several decades now. What is unique about the State is
that development is well spread out, and is not confined to
towns.
Around 1.5 million Keralites have migrated to other countries,
and send foreign remittances of around 100 million USD a year.
Another 1 million families are dependant on income of migrants
to other States in
India
. Kerala’s society is thus well integrated into the global
economy and its demands.
Around 8,000 engineers graduate from the various Universities
and Engineering Colleges in the State every year. Kerala has the
highest density of science and technology personnel in India .
Kerala also has the highest number of skilled, productive
manpower in India . Workers learn fast and procedures can be
routinised quickly.
CUSAT and STIC near the Zone collaborate with a number of units
on R&D.
Cochin is the commercial and industrial capital of the State of
Kerala . Cochin has a critical mass of industries like the 7.5
million tpa Kochi Refineries and the Cochin Shipyard. Cochin has
a modern International Convention Centre, several star hotels
and several sophisticated hospitals where complicated procedures
like micro-surgery and open-heart surgery are routinely done.
Cochin is a modern city with excellent social infrastructure and
amenities like indoor and outdoor stadia, good, modern housing
and shopping facilities.
A
CII study “How Are The States Doing?” on the relative
attractiveness of the Indian States as investment destinations,
rates Kerala as among the top three in the country.
Data
from a World Bank-CII study on “Competitiveness of Indian
Manufacturing” shows that Kerala has the highest labour
productivity among all Indian States, the lowest median cost for
power among all Indian States, and the lowest delays for Customs
clearances for imports and exports among all Indian States.
All these factors contribute to making Kerala
a low cost setting. You can have skilled labour, already
enjoying good housing, social health care and school facilities
at wage rates much below those in
India
’s metropolises.
And all this is placed amid one of the most
beautiful locales in the world, God’s Own Country
to some, and one of the ‘fifty Millennium must-see spots’ of
The National Geographic Traveller Magazine. |