Kerala Vision 2031: State Aims for 200 GCCs to Become High-Tech Hub
Kerala’s new Vision 2031 outlines a transformative growth plan with Global Capability Centres and a Kochi Global City project to drive innovation, investment and jobs.
The Kerala government has come out with a vision document for a comprehensive development. The document envisages 200 Global Capability Centres to transform the State into a global destination for high-tech centres. Special innovation parks will also be established for the GCCs and Global Technology Centres.
A Kochi Global City project is being developed on 358 acres as a key component of the Kochi-Bengaluru Industrial Corridor. This centre, which will attract global financial institutions and corporate headquarters, aims to create 1.20 lakh direct jobs and 3.6 lakh indirect jobs.
Also, an aero-defence and drone industrial cluster will be set up in Thiruvananthapuram, close to the Vikram Sarabhai Space Centre and ISRO, aiming to increase Kerala’s potential in the defence sector.
The State Industries Minister P. Rajeeve said the government is planning for structural reforms, industrial corridors and innovation hubs with the aim of overall augmentation of the secondary sector.
A Vizhinjam Outer Area Growth Corridor will be implemented to develop the area surrounding the Vizhinjam port into a global economic hub. As part of its development as a port-based smart industrial and economic ecosystem, the Vizhinjam-Kollam-Punalur Growth Triangle will be brought in over 1,700 acres.
Utilising the potential of Malabar, a Biotech and Life Sciences Campus, an ESDM (Electronic System Design and Manufacturing) and Power Electronics Campus will be established as part of the Kozhikode-Malappuram Industrial Cluster.
A Kannur-Kasaragod industrial corridor is also being envisioned in an area of over 2,000 acres focusing on sectors such as Fintech, IT-ITeS, AI and robotics, handlooms and logistics. A mega food processing park in Kollam will focus on value addition of spices, seafood, coconut products and cashew products.
The Vision 2031 plan document gives importance to setting up a medical biotech hub on 500 acres in Thiruvananthapuram and a mega industrial city integrating small industries on 2,000 acres in Kottayam.
