Trivandrum's Resurgence: The Boom of Investments and Development

An international seaport is envisaged in Trivandrum, just 12-14 kilometers from the international airport, connected by excellent road and rail networks. Upcoming traffic-free road connectivity will extend to both the northern part of Kerala and the southern regions of Tamil Nadu. I have just moved back to Trivandrum, and it seems the city is experiencing a significant leap in development and investment.

Catching Up in Investment and Growth

Historically, Trivandrum has lagged behind comparably larger cities like Kochi in terms of investment and growth. Kochi, an important port city, has had multiple shopping malls for years, with the largest being LuLu Mall. However, things are changing swiftly. Currently, at least three to four malls are under construction, and once these malls are operational, Trivandrum will surpass Kochi in terms of retail presence.

Similarly, the multiplex market is also growing. While Trivandrum didn't have multiplexes until recently, these are expected to draw a significant influx of tourists and moviegoers. This development, coupled with the existing educational and healthcare facilities, positions Trivandrum as a preferred location for local and international families seeking quality education and healthcare.

Unique Specialties and Amenities

Trivandrum boasts numerous educational institutions, from prestigious colleges like IIST (Indian Institute of Science and Technology) to a variety of engineering and medical colleges. Additionally, healthcare facilities such as Sree Chitra Tirunal Institute of Medical and Scientific Research (SCTIMST) and KIMS Ananthapuri are respected nationwide. This makes Trivandrum a vital hub for educational and healthcare purposes, attracting students and families in search of superior facilities.

The city's central location, with the airport serving as a major transportation hub, is another advantage. One can reach Technopark, a key IT and research hub, within half an hour after landing at the airport. The ongoing development of the Vizhinjam seaport further strengthens the city's connectivity, enhancing its position as a key player in national and international trade.

ICT and IT Hub

Trivandrum has long been at the forefront of the Information Communication Technology (ICT) industry, thanks to the establishment of Technopark in the early 1990s. This pioneering initiative has led to continuous growth in the IT sector, with major companies like Infosys, TCS, and several MNCs setting up operations in the city. The availability of quality manpower and efficient connectivity also support this thriving industry.

Real Estate and Government Initiatives

Kerala's large population of Non-Resident Indians (NRIs) prefers to settle in Trivandrum due to the aforementioned advantages. This has led to a significant number of real estate projects in the area, catering to both local and international investors.

The state and central governments are also placing a focus on Trivandrum, with numerous ambitious projects under development. However, to fully realize its potential, Trivandrum still requires infrastructure improvements. Road widening is crucial, with many parts of the city having bottlenecks that need addressing to prevent traffic congestion and improve travel conditions. Flyovers and additional highway infrastructure are necessary to support the growing population and attract more investments.

The functioning of the Vizhinjam port will significantly transform Trivandrum, drawing a new face based on enhanced infrastructure, amenities, and urban living. The city's strategic position and ongoing development present exciting opportunities for businesses, families, and investors alike.

In summary, Trivandrum is witnessing a surge in investments and development, positioning itself as a prominent city in southern India. With its unique blend of educational, healthcare, and business amenities, coupled with strategic infrastructure improvements, Trivandrum is well-positioned for continued growth and expansion in the years to come.