CIBER City Cochin India: Cochin pins revenue growth aims on duty-free

Cochin Infotech Broadcasting Electronics and Research City

A Mega City project for Cochin City should come somewhere between the muncipalities of North Parur and Kodungaloor.This is where there is alot of potential for future growth and expansion. The promoters of this project should be INKEL(a NRI funded PPP company) and CUSAT(university).It should preferably called CIBER CITY which stand for Cochin Infotech Broadcasting Electronics and Research City. In Ernakulam District it should include parts of Vypeen island(Munambam),Varapzha,Puthenvelikara,Chennamangalam,Chengamanad,Manjali,Kottuvaly etc. In Thrissur Dist. it should include the muncipalities of Mala,Azhikode,Eriyad,Karuvapadna,Thekkukara,Muringoor and Kodungalloor( the ancient port town of Muziris or Crangannore)Situated at the northern end of the Periyar River, about 50 km from Kochi, Kodungaloor has been the gateway for Christianity, Judaism and Islam in India.
Known as 'Muziris' in Western and West Asian maritime records since ancient times, Kodungalloor has also played a role in shaping Kerala's history and culture.The project envisaged a self-contained, hi-tech complex with its own comprehensive infrastructure, including power, expressways, telecom networks, desalination plants, biotech parks, special economic zones (SEZs), IT/Biotech parks, industrial parks, hospitals, educational institutions, hotels and amusement parks.

Thursday, May 29, 2008

Cochin pins revenue growth aims on duty-free

The airport hopes that its duty-free operation will soon account for 40% of total airport revenues
Cochin International Airport Limited (CIAL) is hoping to attract new airlines by reducing landing charges with the help of its growing duty-free business. Speaking at the Gate One2One conference at the TFWA Asia Pacific show earlier this month, CIAL general manager commercial V Suresh Babu reported that duty-free revenue at the Kerala airport accounts for 30% of total airport revenues at present, and that the airport hopes to grow that figure to 40% with planned changes to the airport layout.

Babu said: “We want to be the first airport in India with no landing charges…Indian airports on average generate 70% of revenues through aeronautical operations and 30% through non-aeronautical operations. At Cochin we generate 42% through non-aeronautical. We have identified three areas to grow non-aeronautical revenue, of which duty-free is one. We are aiming to increase dwell time by redeveloping the airport layout, and to expand the area devoted to duty-free.”

Alpha Asia operates the duty-free business at Cochin under the Alpha Kreol fascia, through a management contract with CIAL. Alpha Asia managing director Paul Topping told DFNIonline that the business has been achieving “phenomenal” growth as a result of extending its product offer and improving customer service. He also attributed growth to the big space CIAL had given the retailer. Alpha Kreol grew sales by over 40% last year, while traffic at the airport grew by about 25%.

Cochin is the fourth biggest airport in India, behind Mumbai, Delhi and Chennai, and was the first greenfield airport operated by a private company in India.

DFNIonline.com

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FIVE REASONS COCHIN IS INDIA'S HOTTEST IT DESTINATION

1.The Connectivity Advantage
100% of 988 telephone exchanges are digital 98% of telephone exchanges connected by OFC to the NIB Reliance, Bharti, Asianet laying own OFC backbones Highest telephone density - 7 per 100 - India's 2005 target 'SEA-ME-WE-3' and 'SAFE' submarine cable landings (1 0f the 2 states in India to have two submarine cable landings) 15 GBps bandwidth supported VSNL's primary international gateway in India is in Kochi, Kerala.

2.The Human Resources Advantage
The Human Resources Advantage High density of science and technology personnel in India Lowest employee attrition rate in the country - <5% 75 engineering colleges in the state Database of readily employable graduates enabling interested ITES companies to access the best of professional talent Training for ITES HR pool Empanelled trainers providing ITES training within the Habitat.

3.The Cost Advantage
A fully burdened cost of just $8 per hour, when compared to the global average of $15 Salaries - 1/5th of the international average Operational costs less than 50% when compared to major cities Rentals lower by more than 60% in comparison to other cities Power and water tariff among the lowest in the country.
4.Kerala - The Outsourcing Advantage
The Government of Kerala has promised the state an IT led growth over the next few years. The primary drive towards establishing Kerala as the preferred ITES destination arises from private enterprises and community energies. The Kerala Government acts as a catalyst to successfully facilitate an enabling environment for IT, IT products and ITES. Kerala with its focus on Business Process Outsourcing, Customer Interaction Centres and Digital Content Creation/Processing, Training for relevant skills at sub-domain level to ensure adequate supply of trained human resources to ITES companies and employment regulations that uniquely facilitate ITES operations, is poised today to become the IT industry's dream destination.
5.Investing in Kochi
Kochi (formerly called Cochin) lies in the Southwest corner of the country. It is a bustling cosmopolitan city, home to 2 million people with all the associated social infrastructure including residential accommodation, shopping, schools, stock exchange, hotels, hospitals, conferencing venues, amusement park and entertainment facilities.Kochi is the commercial capital of Kerala and is home to the 7.5 million tones per annum Kochi Refineries, India's only private sector International airport, Shipyard, a number of medium and small sized industrial units in industrial belts at Udyogamandal, Edayar, Kalamasserry, Ambalamughal and Angamaly, and power plants at Bramhapuram and Edayar. Kochi has the Cochin University of Science & Technology, several Engineering and Medical Colleges and Business Schools. Kochi has a 15 GBPS VSNL International Gateway Exchange. Only Kochi and Mumbai in India have landing points for submarine cable links for 15 GBPS bandwidth and have therefore India's cheapest bandwidth costs. The SEA-ME-WE3 and SAFE cables touch Kochi; making Kochi a sought-after destination for IT enabled services. The recent NASSCOM survey on 9 leading Indian ITES destinations covering a range of parameters including land costs, power and communication infrastructure ranked the Kochi as the second best ITES destination above Metros like Bangalore, Mumbai and New Delhi. 100 percent literacy and a very high level of e-literacy aided by government led projects such as Akshaya ensures a ready manpower resource for ITES/BPO sector. A dedicated ITES habitat for training in Kochi has commenced operations.

Developing a Silicon Valley in Cochin

A Synergy and Analogous Tale of Two Cities emerging to Global prominence from humble beginings

Silicon Valley - Heart of the Technology Revolution

Silicon Valley California
Silicon Valley is an area that is located on the San Francisco, California, peninsula, radiates from Stanford University between the cities of San Francisco and San Jose (the 'capital' of Silicon Valley). Silicon Valley is contained by the San Francisco Bay on the east, the Santa Cruz Mountains on the west, and the Coast Range to the southeast.
It contains cities such as Mountain View, Cupertino and Sunnyvale. Silicon valley is home to world famous companies such as HP, Intel, Sun, Google, Yahoo!, eBay, Cisco, Apple Computers , Adobe and many, many more.

Cochin, Kerala India
Cochin is an area that is located centrally in Kerala State on the Southwest Indian Peninsula, It is contained by the Arabian Sea on the west including exotic Cherai Beach in Vypeen Island and Munnar Mountains on the east as well as Alleppey the Venice of the East to its South. It comprises of subdivision as Kakkanad(Which is the center of the IT revoluton)Thrikkara the home of Cochin University of Science and Technology,Ernakulam,Alwaye and Angamali. Cochin is emerging as a popular destination for Information Technology giants like Infosys,Wipro,TCS,Nest,Muthoot and many,many more.

CIBER City Cochin India