Thiruvananthapuram

:This article is about Thiruvananthapuram City. For information about the district , see Thiruvananthapuram district.

Economy

The economy of Thiruvananthapuram is based on the tertiary sector with about 70% of the workforce being employed as government servants. Industrial and commercial activities are comparatively low unlike the other cities of Kerala namely Kochi and Kozhikode.

Related Topics:
Kochi - Kozhikode

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Since the establishment of Technopark in 1995, Thiruvananthapuram has steadily grown into a competitive IT centre. Technopark houses global majors like Infosys, TCS, McKinsey & Co., Ernst & Young, Alliance Cornhill, US Technologies etc. The park has around 80 companies employing over 10,000 professionals. With the expansion plans to be completed in 2007-08, this figure is to rise to about 30,000.

Related Topics:
Technopark - Infosys - TCS - McKinsey & Co. - Ernst & Young

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There are around 20 government owned and 60 privately owned medium and large scale industrial units in Thiruvanathapuram. The major employers are the Kerala State Industrial Development Corporation (KSIDC), Keltron, Travancore Titanium and Hindustan Latex, all government owned. There are also about 30,000 small scale industrial units employing around 1,15,000 people. Traditional industries include handloom and coir.

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Other major organizations of economic interest are the Chithranjali Film Complex, Kinfra Apparel Park, Kinfra Audio Visual Park, Trivandrum Rubber Works, Kerala Automobiles and the English India Clay Ltd.

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Commercial activity is quite low mainly due to the absence of natural harbours. However this might soon change with the construction of the proposed Vizhinjam container terminal.

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