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President of India is in Kerala; launches Technocity project in Thiruvananthapuram and lays foundation stone for the first government building in Technocity

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President of is in Kerala; launches Technocity project in Thiruvananthapuram and lays foundation stone for the first building in Technocity

The President of India, Shri Ram Nath Kovind, launched the Technocity project in Thiruvananthapuram today (October 27, 2017) and laid the foundation stone for the first building in Technocity.

Speaking on the occasion, the President said that Keralas strengths in basic literacy and skills and the experience of Keralas people in the services sector and in consumer driven industries make this state a natural for an IT ecosystem. He stated that IT is not just important in itself. It is a force multiplier for the entire services economy. It has played a game changing role in health-care, education, tourism and many other industries. These areas are Keralas strengths. He was confident that the development of Technocity will provide new opportunities for the young people of

The President said that in many parts of the country, people from are an essential part of the economic landscape. And such achievements are by no means limited to Without the hard work of our brothers and sisters from Kerala, the economies of the United Arab Emirates and other Gulf countries would not be the same. migrant workers in those countries also contribute to the development of by unfailingly sending back foreign exchange. We cannot forget them or their immense role in nation building.

The President said that climbing higher in the services sector value chain, has obvious advantages in three areas. The first is Information Technology. The others are tourism and health-care. These are also the areas where jobs and employment opportunities lie for our youth especially for the talented young men and women of

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Fri, October 27 2017. 00:20 IST