In the last few years, Kochi has seen a huge growth in all sectors; Kochi is a beautiful city in our God’s own Kerala. While Kerala all over has seen a huge jump in infrastructure, healthcare, and many more. Kochi can easily be called the star of the area.
Just like Bangalore, Kochi has slowly but steadily developed to become the next IT hub, with big powerful companies investing in India; Kochi’s growth has definitely spiked business and startups in the city.
India is currently in its golden period; this is the best time to invest in business all over India but especially in Kochi. Kochi is not only becoming the next IT hub, but it is also growing in real estate, with new buildings being made for the people migrating to this city.
Kochi is the future; here are some of our top reasons to move your business to Kochi.
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Excellent transportation links
Kochi provides a dependable infrastructure at a moderate cost. The startup costs are significantly cheaper. Rentals, power, water, transportation, and salaries are all very low, resulting in lower operating costs when compared to other regions. For a big city like Kochi, it’s easier to relocate from one place to another because Professional Packers and Mover companies in Kochi offer end-to-end relocation support services.
Because of its vast interconnectedness, this city can handle a high amount of imports and exports. A number of international cruise ports and docks are being built to increase the city’s transportation capabilities. To help this massive import-export company, real estate investors might invest in facilities such as warehouses.
Lower costs than other Kerala areas is the biggest reason to move your business to Ernakulam.
As you know that Kochi is still in its growing stage; hence businesses in the area are new; Kochi provides cheap labor for businesses, which is helping the people of Kochi become financially stable.
A city like Ernakulam is developed and has seen a boost in jobs and other sectors; the market value of the city is much higher than that of Kochi, which is still in its developing phase.
Growing entrepreneurial ecosystem
Kerala is one of India’s most investor-friendly states. The government’s well-known Kerala Start-up Mission has given an enormous boost to the start-up sector. The primary goal of this purpose is to encourage students and young adults to grow their technical and innovative talents, with innovation being the driving force behind any start-up. There are companies functioning in Kochi that include the IT sector, Hospitality, Event Sector, business service sector, and logistics sector. For big cities like Kochi, it’s pretty easier to relocate from one place to another because of the professional household items shifting providers. The government provides numerous exceptions to these young businessmen, supporting a start-up culture throughout the state. Kochi’s special economic zones offer one-stop approval to all start-ups, making the process simple.
Proximity to major attractions
Kochi’s rich history and natural beauty draw visitors from all across India and the world. Beautiful beaches, backwaters, and the Periyar National Park surround this city. There are also old cathedrals, temples, synagogues, and museums to explore.
As an outcome, resorts and hotel brands are expanding throughout the year in Cochin. Hotels, restaurants, cafes, and stores are in great demand in Kochi, and such commercial buildings can yield significant rental returns.
Life becomes much easier and happens when you live in a growing metropolitan city; there are numerous malls, restaurants, and shopping lanes to keep everyone entertained.
Easily availability of Skilled Labour
Kochi, with a literacy rate of 100%, provides a supply of qualified and educated workers in an affordable setting. Kochi boasts a number of software businesses and IT parks that can help you set up your business in the city whether you need IT or software.
Kochi has the highest employee turnover rate of any city. This will provide you a competitive advantage over your regional or worldwide competitors that are dealing with low personnel retention and turnover rates.
Conclusion
Kochi is home to a number of prominent IT businesses and their subsidiaries. Furthermore, these businesses serve as essential centers of employment for the residents of Kerala. TCS, Wipro, and Cognizant all have headquarters in Cochin. Hence this is the best time to bring your business to such a growing city and reap all the benefits from it.
