Kerala: Exports from IT companies operating in state increases to Rs 6310 Cr
Exports from IT companies operating in Kerala increases to Rs 6310 Cr in last calendar year from Rs 5200 crore during last year
Despite adverse conditions across the globe due to COVID-19, the total IT exports from the Kerala government-run Infopark in Kochi grew by more than Rs 1,110 crore in 2020. Exports from IT companies operating here increased to Rs 6310 crore in the last calendar year from Rs 5200 crore during the previous year.
This is an increase of about 22 per cent from the previous calendar year. At present, 415 companies are operating at various campuses inside Infopark.
More than 40 companies have started operations in the park during the pandemic. Many companies are also waiting in line. Although 18 companies either downsized their workforce or ceased operations, more companies found Infopark a great IT destination to set up operations during the pandemic.
Infopark had organised a mass COVID vaccination drive for IT employees and their families to ensure a safe working environment during the pandemic.