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This Article is From Dec 10, 2009

Kerala to invest Rs 2000 crore in IT parks

Kerala to invest Rs 2000 crore in IT parks
Thiruvananthapuram: Kerala government proposes to invest Rs 2000 crore in the next two years for development of infrastructure in IT parks coming up in various parts of the state, Chief Minister V S Achuthanandan said on Thursday.

This is aimed at making Kerala the most sought after IT destination in the country, he said.

Stating that Kerala government has an investor friendly approach, Achutanandan said IT industry, which experienced a slowdown in the last 12 to 18 months, has started showing signs of recovery.

He was speaking after inaugurating the India IT Summit-2009, organised by CII-Southern region.

CII-Southern Region Chairman C R Swaminathan said the summit was a CII initiative to support Kerala government to promote the state as one of the most favourable destinations for IT in India.

'Kerala has a very conducive environment for the growth of IT,' he added.

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