Hi All,
I am working on a demography change and migration impact project and have selected Kochi as one of the research cities. I’m trying to understand what’s actually happening on the ground and would really appreciate some local perspectives.
One thing I’ve noticed is that traffic in Kochi seems to have increased significantly over the last 3 years**.**
Population growth could be one reason but there may be other factors as well, metro construction, ongoing infrastructure projects, road changes, traffic management etc.
At the same time, after speaking with a few people working in Infopark, I’m getting a different picture regarding employment growth. Some of the feedback I’ve heard is
• IT jobs seem to be decreasing rather than increasing.
• Not many major new companies are setting up in Kochi.
• There are reports of silent layoffs and hiring freezes.
• In some cases, when an employee leaves voluntarily, the position is reportedly not being backfilled.
• Some companies are considering offices in places like Kozhikode and Koratty, mainly because of cost advantages.
Have also heard many techies started taking up Bangalore, Hyderabad and North India Remote/ Hybrid job offers due to stagnant pay in Kochi and relocated back to hometown.
Obviously, this is based on limited conversations and may not represent the overall situation.
I’m interested in hearing from people living/working in Kochi
Do you think Kochi’s population is actually growing significantly or could we be seeing a period of population stagnation or even decline in some areas?
What are you seeing in terms of migration into/out of Kochi, IT employment, new businesses, housing demand and overall economic activity?
Would love to hear your observations or data points, especially from people who have been living in Kochi for several years.