Minister for law, industries and coir P Rajeeve has hailed the startup ecosystem inKeralarating it as the best in Asia.
He said that an interaction withIndian Electronics and Semiconductor Association(IESA) at the recentDefence Exporevealed that Kerala is the only place where companies can come with their products straightaway whereas a formal submission of brochures and posters initially is required in other states.
Noting that a whirlwind of change is happening in the IT sector in Kerala, Rajeeve said that Cognizance Technologies opened its 1.5 lakh sq ft facility in Kochi, Tata Elxsi has 50% workforce in Kerala andTata Consultancy Servicesis setting up 36-acre campus near Infopark at Kakkanad.