There are many specific reasons behind Kerala considered to be Non Investor friendly state of the country. The concrete reason behind that is Kerala is a highly political literate state and the trade union sector of Kerala is very strong to the core. Political stability also plays a lead role here.
The Hi-tech City which is now in Hyderabad was first decided to be launched in Kerala but the LDF government which was in power at that time refused and said their agenda was against IT promotion but after a decade they realized they need of IT, the result was that the professionals in Kerala had to find jobs outside the state. The Smart City is a recent example we have on hand, the project was initiated 6 years back and till now a complete picture hasn’t come out.
It has been found that Investors give back their plans seeing the examples which had occurred in the State earlier. We can sort out nearly 100 odd companies which are now under lay off in the state due to trade union and labour issues. Experts expect faster process from the government to bring back our Industrial sector to its high which will also make the state economically strong and that that would also bring a bright sign in the Investors. But now there is a good sign with Investors coming up to Invest in tourism.
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