Unlocking Kerala’s IT Potential: A 2023 Success Story -How Finance Works

Kerala’s IT Potential Bounces Back After Covid

Kerala’s IT Potential- In 2023, Kerala’s computer and internet industry made a great comeback after the tough times of the COVID-19 pandemic. It’s like they got back on their feet, especially when it comes to making money by selling their tech services to other places.

Making More Money

The companies that deal with technology in Kerala earn a lot more money. Just the tech parks that the government manages made an incredible Rs 20,000 crores. These are places like Thiruvananthapuram Technopark, Kochi Infopark, and Kozhikode Cyberpark. Some tech parks aren’t run by the government, like Kozhikode UL Cyberpark, Muthoot Technopolis in Kochi, Geo Infopark, and Smart City.

Big Plans with Super-Fast Internet

The government is thinking big and wants to create 20 smaller tech parks using super-fast 5G technology. They plan to put them along the big road from Kannur to Thiruvananthapuram. They’ve already given the green light to make these tech spaces between 5000 to 50,000 sq. ft., away from the main three tech parks.

Internet for Everyone

Kerala has this cool plan called K-FON. It’s all about making sure everyone, even those who don’t have a lot of money, can use the internet at high speeds. They want to connect government offices, schools, and families who are below the poverty line. Kerala is doing so well in this area that they have more people using phones than the rest of the country, with a whopping 45.72 million phone users, including 4,42,86,150 who use phones without any wires. The internet is strong too, with 27.44 million people using it.

In the end, Kerala’s tech world not only got back on its feet after the tough times but also has big plans for the future. They’re all about using cool ideas and new technology to keep growing and doing great things in the world of computers and the internet.

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