'Crucial investment in Kerala's technological development': Kerala CM on Gtech's 'Permute 2025'

ANI March 29, 2025 239 views

Kerala Chief Minister Pinarayi Vijayan inaugurated Gtech's Permute 2025 skill summit, calling it vital for the state's tech future. He revealed Kerala's startup sector grew 254% since 2016, far outpacing global averages. The CM also highlighted how IT park employment has more than doubled under his government. Vijayan emphasized these achievements counter claims that Kerala isn't business-friendly.

"This event is a crucial investment in Kerala's technological development" - Pinarayi Vijayan
Thiruvananthapuram, March 29: Kerala Chief Minister Pinarayi Vijayan on Saturday inaugurated the skill summit 'Permute 2025' organised by Group of Technology Companies (Gtech). During his speech, the Chief Minister called it a crucial investment in Kerala's technological development.

Key Points

1

Kerala CM launches Gtech's tech skill summit Permute 2025

2

Highlights 254% startup growth since 2016 policy

3

IT park employment more than doubled

4

Combats business-unfriendly state narrative

Speaking at the event, Kerala Chief Minister Pinarayi said, "This event is a crucial investment in Kerala's technological development. I believe the discussions here will contribute to that goal. I am also happy that the 'Drug-Free Kerala' initiative is being organized as part of this program. You have the potential to transform Kerala into a talent capital, and the discussions should proceed in that direction."

The 'Drug-Free Kerala' initiative is also is being organized as part of this program.

He further added, "In 2016, we formulated our startup policy--the first of its kind by any state in the country. Over the past nine years, 6,200 startups have been launched in Kerala. The state now boasts the most startup-friendly ecosystem in the country, with a 254% growth in the sector, compared to the global average of just 46%."

"Just as we have successfully intervened in the startup sector, the government is making similar efforts in the IT field. The number of employees in IT parks has more than doubled. The remarkable growth in Kerala's startup and IT sectors is proof of the immense talent our youth possess," Pinarayi said.

He shared that Kerala introduced its first startup policy in 2016, leading to the launch of 6,200 startups over the past nine years. Kerala now has the most startup-friendly ecosystem in India, with a 254% growth in the sector, far above the global average of 46%.

"We are also making significant strides in the industrial sector, overcoming false narratives. Those who claimed Kerala is not business-friendly can no longer sustain that argument," Pinarayi said.

Pinarayi Vijayan also highlighted Kerala's growth in the IT sector, with the number of employees in IT parks more than doubling. He mentioned that the government's success in the startup and IT sectors proves the talent of Kerala's youth. Additionally, he noted that Kerala is overcoming negative perceptions about being business-unfriendly, showing progress in the industrial sector as well.

Comments:

Rajesh K.

Impressive growth numbers! 254% is no joke 👏 Kerala is really becoming a startup hub under this government.

Priya M.

Love that they're combining tech development with social initiatives like Drug-Free Kerala. Smart way to address multiple issues at once.

Anand S.

While the growth is commendable, I hope they focus more on retaining talent. Many skilled workers still leave for Bangalore or abroad.

Leena P.

My cousin just got placed at Technopark after their upskilling program. These initiatives are changing lives!

Vishnu T.

The numbers sound great but I wonder how many of these 6200 startups are actually sustainable? Growth ≠ quality always.

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