Edited K C Narayanan (1 results)
Published by Malayala Manorama Company Ltd
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The Information Technology sector especially the software and the services segments has emerged as an important part of the Indian economy With the IT sector accounting for a significant proportion of the countrys exports it is hardly surprising that the States are vying with one another to project themselves as the most favoura…ble destination for the IT industry For quite some time now Karnataka Tamil Nadu and Andhra Pradesh have been in the forefront in this inter State competition It is but natural that Kerala the fourth State in the southern region should want to catch up with them and increase its stake in the sector This provides the context for the publication of the coffee table book under review Facts and figures Designed to portray Kerala as the destination of choice for IT entrepreneurs it provides a huge volume of facts and figures interspersed with breathtaking pictures from Gods Own Country in an effort to assure investors of high rates of growth The book manages at the least to impress the reader As a relatively late entrant in the race Kerala has to make up for the lost time and work much harder if it is to reach the level of progress others have attained in areas critical for attracting operators who would like to just plug and play In infrastructure for instance the State is working at a breakneck pace going by the book The number of graduates passing out of the 84 engineering colleges in Kerala is around 25000 which is far below the figure in the other States The States reputation for labour friendly governments and socialist policies also seems to have acted as a dampener considering that the IT industry more than any other has always felt threatened by Indian labour laws Moreover a significant proportion of the States well educated talent pool has for various reasons tended to emigrate for employment resulting in the economy being driven to a not inconsiderable extent by foreign remittances In recent times however the government has endeavoured to modify the pattern of growth by working on the advantages it has gained by focussing on education health and equitable distribution of resources With an enviable literacy rate of over 90 per cent and a Human Development Index HDI that is comparable to many developed nations Kerala has indeed a strong foundation to build on The Technocity planned near Tiruvananthapuram work on which is to start soon is among the new initiatives to accelerate economic growth This and other on going proposed projects including the Infopark Kochi Cyberpark Kozhikode and Techno Lodges are listed in the book A number of IT parks have also come up in the private sector and some more are in the pipeline E literacy Notable at the grassroots level is the Akshaya programme that seeks to take e literacy to the villages by making at least one member of every family computer literate It is stated that every village has broadband connectivity and the States e governance initiatives may well pave the way for responsive governance The results of these initiatives have already started showing During 2008 09 the year badly hit by financial recession the IT industry in the State posted a growth of nearly 45 per cent as against the national average of 17 per cent with the value of exports standing at around Rs3000 crore Maybe this does not bear comparison with the IT export figures of Karnataka Tamil Nadu or Andhra Pradesh But the spurt in growth clearly suggests that investors are finding the State increasingly attractive The book refers to a recent World Bank study that placed Kerala second among the States in India in terms of the Investment Climate Index ICI and identified as a major enabling factor the ready availability of a strong talent base thanks to the stress laid consistently on education and health development goals With IT parks coming up in major hubs like Tiruvananthapuram Kochi and Kozhikode where techies are concentrated the rates of attrition in the State are low The investment on.