State achieves 21 % growth in IT exports

P.K. Kunhalikutty

Industries Minister P.K. Kunhalikutty has said that the State has achieved a 21 per cent growth in IT exports and 50 lakh jobs would be created in this sector in the next three years.

The minister while replying to discussions on demand of grants for Industries department in the Assembly on Tuesday said that problems pertaining to construction of Smart City would be solved after discussion. Efforts would be made to inaugurate the project in November after discussion with Dubai based TECOM company, the minister said.

The minister said that Technology Innovation Zone has started functioning with the aim to establish 3000 technology start ups. He said electronics would be included in the school curriculum from this year. It was decided to start FAB labs with 3D printer facilities in Thiruvananthapuram and Kochi.

The micro, small and medium enterprises has seen a growth of 18 per cent in the past four years, which saw Kerala achieve the maximum growth among other Indian States in this sector. The government has extended the deadline for one time settlement for repaying the margin money loan till March 31. The KMML and Malabar Cements have so far recorded a profit of 40 crores, said the minister.

Help for coir sector

Revenue and Coir Minister Adoor Prakash said in the State Assembly that all help would be extended to coir firms and organisations, which provide more days of work to labourers. He said that the State was able to garner Rs 1378 crore through coir exports this year. He said as part of modernisation of the coir sector, more incubation centres would be set up across the State. Now coir units in Kerala depend on coconut husk from Tamil Nadu. The minister said it was high time Kerala stop this practice and achieve self sufficiency in the production of coconut husk.

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