Business and Economy in KochiKochi is the financial capital of Kerala. All the major business heads and centres are located in the city and it accounts for the largest number of employment opportunities in the state. Currently the GDP growth rate of the city is as high as 8.3 per cent, making it the fastest developing two-tier city in India.
Oil Refinery - Bharat Petroleum Corporation Limited is the biggest oil refinery in Kochi. The city also houses another refinery Kochi Refineries Limited at Ambalamedu. Both these industries churn high revenues and provide high employment opportunities.
Retail Industry – Kochi houses some big shopping malls that attract both domestic and international shoppers. Gold, textile, home accessories and furniture are some of the popular retail options in the city. LuLu Cochin Mall, Oberon Mall, Gold Souke Grand Mall, Abad Nucleus Mall, Baypride, Q1 Mall, Bani Mega Mall, RDS Rajagiri Mall, Unitech Great India Place, Central Plaza, Forum Mall are some of the most visited malls in Kochi. BCG Healthsquare, the first health mall in the city is under construction. The city also houses the largest textile showroom in the world named Emmanuel.
The city has also emerged as the strongest market for BMW, Jaguar Land Rover, Mercedes, Audi, Ferrari, Maserati and various other luxury cars.
Spices and Seafood – Import and export of spices and sea food is largely done from Kochi. The city is the headquarters’ of Spice Board of India and also houses International Pepper Exchange, from where spices are traded globally. Fishing is also a leading business option in Kochi. The fishing harbour located at Thoppumpady is a busy fish market and global fish supplier zone.
Electronics Hardware – Kochi is home to some of the leading electronics hardware companies in India like the famous voltage stabilizer manufacturers, V-Guard Industries, SFO Technologies, FCI OEN Connectors and many others.