Companies in Kochi, a major city in the Indian state of Kerala, drive growth and influence the local real estate market. As businesses expand and new ventures emerge in Kochi, commercial spaces and housing demand rises. This increased demand is leading to real estate development, impacting property prices, rental rates and the overall landscape of the real estate market in the city. Let’s take a look at the top companies in Kochi and how they intertwine with its real estate sector.
Business landscape in Kochi
The business landscape in Kochi is marked by its unique blend of traditional and modern industries. Known for its thriving port and tourism sector, Kochi is also experiencing growth in IT and technology-related businesses. The city’s strategic location, along with its skilled workforce, attracts investments and trade opportunities.
List of top companies in Kochi
Tata Consultancy Services
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: India’s Top 500
Location: Kakkanad, Kerala 682042
Founded in: 1968
Tata Consultancy Services (TCS) is India’s prominent multinational IT service and consulting firm. Established in 1968, it operates globally and serves industries like e-governance, banking, financial services, telecommunications, education and healthcare sectors, with over 600,000 employees and a market capitalisation exceeding $200 billion. TCS is a subsidiary of Tata Sons, now a major player in the IT industry.
Cognizant Technology Solutions
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: MNC
Location: Kakkanad, Kerala 682030
Founded in: 1994
Cognizant Technology Solutions is an American multinational IT services provider established in 1994 by Kumar Mahadeva and Francisco D’Souza. It offers IT services, consulting, and business process outsourcing. Cognizant initially gained prominence during the dot com boom and, over time, expanded into application development, complex systems integration and consulting.
EY
Industry: Consulting
Company Type: MNC
Location: Maradu, Kochi – 682304
Founded in: 1989
EY, formerly known as Ernst & Young, is a multinational professional services firm founded in 1989. It operates as a network of separate firms across various countries and is one of the Big names in the Finance industry. EY offers services in assurance, tax and transactions. The company is known for its global presence and has achieved recognition for its diverse workforce.
KPMG
Industry: Consulting
Company Type: MNC
Location: Kakkanad, Kerala 682030
Founded in: 1894
KPMG (Klynveld Peat Marwick Goerdeler) is a renowned global professional services firm. Established in 1894, it operates in over 60 countries with more than 300 offices. In India, KPMG is one of the prominent accounting firms, employing over 10,000 professionals since its inception in 1965. The company offers various services, including auditing, taxation, consulting, and legal advice.
UST
Industry: Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: MNC
Location: Kakkanad, Kerala 682030
Founded in: 1998
UST is a global digital transformation solutions provider founded in 1998. UST collaborates with leading companies worldwide to drive meaningful transformations. It focuses on offering services such as data analytics, cloud modernization, technology strategy, AI development, and more. It primarily operates in the B2B space within Business Services market segments.
IBM
Industry: Consulting, Information Technology (IT), Data Analytics, AI, Robotics, IoT
Company Type: MNC
Location: Kakkanad, Kerala 682030
Founded in: 1911
IBM (International Business Machines) is a long-established multinational technology company founded in 1911. It specialises in computer hardware, middleware, and software. IBM is known for its mainframe computers used by large corporations and government agencies. It also offers IT services and consulting to help businesses optimise operations and adopt new technologies.
Amazon
Industry: E-commerce
Company Type: MNC
Location: Edappally, Ernakulam – 682024.
Founded in: 1994
Amazon was founded in 1994 by Jeff Bezos. It is a global e-commerce and technology company headquartered in Seattle, Washington. Amazon is known for its vast online marketplace, cloud computing services through Amazon Web Services (AWS), and innovative products like the Kindle e-reader and Alexa voice assistant. It has become one of the world’s largest and most influential technology and e-commerce companies.
Sutherland
Industry: ITES – BPO, KPO , LPO, MT
Company Type: MNC
Location: Kakkanad, Kochi, Kerala 682037
Founded in: 1986
Sutherland Global Services, founded in 1986, is a global provider of business process and technology management services. It employs over 30,000 professionals in 40+ centres worldwide, offering back-office and customer-facing solutions to support the entire customer lifecycle. It provides Integrated BPO services that cover client operations’ revenue and cost aspects.
Deloitte
Industry: Accounting, Taxation
Company Type: MNC
Location: Kochi, Kerala, 682024.
Founded in: 1989
Deloitte is a UK Private Company, formally known as Deloitte Touche Tohmatsu Limited. It provides audit, consultancy, and financial advisory services. Deloitte & Touche was created in 1989 It is one of the biggest firms in tax, audit, and consulting. It operates in 150 countries with approximately 415,000 employees. Deloitte is among the Fortune Global 500 companies.
IQVIA
Industry: Hospitals, Healthcare
Company Type: MNC
Location: Kakkanad, Kochi 682 030
Founded in: 1982
Established in 1982, IQVIA is a leading global provider of clinical research services to the life sciences industry. With approximately 82,000 employees in over 100 countries, IQVIA offers services to medical devices, biotech, pharmaceutical companies, government agencies, medical researchers, patient associations, payers, and investigators. The company’s IQVIA CORE provides insights through big data, transformative technology, and analytics, catering to various healthcare needs.
Commercial real estate demand in Kochi
Office Space: The demand for office spaces in Kochi is increasing due to the city’s burgeoning IT, tourism, and trade sectors. Companies are expanding their operations, requiring more office space to accommodate their workforce.
Rental Property: The demand for rental properties, including commercial spaces like shops and offices, remains strong. This is partly due to Kochi’s diverse business landscape, attracting entrepreneurs and startups.
The rising demand for commercial real estate influences Kochi’s property prices and rental rates. It also drives real estate development, contributes to the city’s economic growth, and creates opportunities in construction and related sectors.
Impact of these companies in Kochi
Companies in Kochi create jobs, stimulate economic growth, and significantly impact the region’s overall development. These businesses play a crucial role in IT, tourism, and trade sectors, making Kochi a vibrant and dynamic city. Additionally, they attract talent and investment, further increasing the local economy and enhancing the quality of life for its residents.
FAQs
Is it Kochi or Ernakulam?
Kochi is a major city in Kerala, while Ernakulam is a district in which Kochi is located.
Which companies are in Kochi?
TCS, Cognizant, and IBM are among many other companies in Ernakulam.
Is Kochi a good place to work?
Kochi can be an excellent workplace, depending on your profession and personal preferences. It has a growing job market, especially in IT and tourism.
Where is the best place to buy property in Kochi?
The best places to buy property in Kochi are near Infopark, Aluva, Kakkanad, Vennala, Kaloor, and Edappally, based on extensive research and analysis of the city's growth.
Is Kochi a good place to invest?
Yes, Kochi is an excellent place for investment. It's a rapidly growing city with a thriving trade, tourism, and industrial sector. Additionally, Kochi attracts NRI real estate investors and hosts approximately 450 IT companies, making it a promising destination for investment.
Is Kochi a developing city?
Yes, Kochi is a rapidly developing city and one of the fastest-growing tier-II cities in India. Its strategic location and historical trade connections have contributed to its growth.
What is Kochi city famous for?
Kochi is often referred to as the 'Queen of the Arabian Sea', and being the commercial, industrial, and financial hub of Kerala, it stands out as the state's most prominent destination for tourism.
How many companies are there in Kochi?
There are more than 6,000 companies in Kochi.
Is Kochi a hub of the IT sector?
Yes, in recent years, Kochi has witnessed tremendous growth in the IT sector and is a hub of IT companies.
Is Kochi a posh area?
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
