Minister P Rajevee also claimed that his state has better water resources than Karnataka and called Kerala an ideal place for significant investments. The water scarcity in Bengaluru has become an opportunity for neighbouring states to woo IT companies to their states for investments.
Kerala’s Industries and Law Minister P Rajevee said that he wrote to some of the Multi-National Companies (MNCs) in Bengaluru to shift to Kerala, according to a report in The Economic Times. The minister also claimed that his state has better water resources than Karnataka and called Kerala an ideal place for significant investments.
Rajevee told the journal in an interview that “we reached out to some of the IT companies and asked them to move to Kerala because we learned that there is a severe water crisis in Bengaluru.” Our state is rich in natural resources and offers well-planned water connectivity. We’ll provide them with all the amenities they need.
The minister also expressed his desire to transform Kerala into India’s Silicon Valley. “A few corporations and I am now having negotiations about investing in Kerala. We are prepared to give the business all the resources it needs to move toward our state’s potential as India’s next Silicon Valley. Bengaluru is facing numerous obstacles, thus Kerala wants to position itself as the next major IT hub for businesses,” he continued. It has been stated that the Kerala government intends to build four additional IT corridors along NH66.
A few years back, when Bengaluru was making headlines due to its deteriorating infrastructure, Telangana minister KTR requested that the start-ups relocate to Hyderabad. “Stow your belongings and head to Hyderabad! Both our social and physical infrastructures are superior than others. Getting into and out of the city is simple and our airport is among the best. Moreover, he stated in X (previously Twitter) that “innovation, infrastructure, and inclusive growth are the three i Mantras on which our government is focused.”