Thiruvananthapuram, Feb 5 (Reporter) The initiatives outlined in the Kerala Budget 2024 presented by Finance Minister KN Balagopal on Monday indicate the state is a frontrunner in the technology landscape. The considerable investments reserved for the IT industry, industrial parks, and the development of key IT infrastructure such as Technopark, Infopark, and Cyber Park are incredibly encouraging. These investments not only signify the government's commitment to fostering a conducive environment for technology-driven enterprises like ours but also pave the way for further innovation and growth within the state. In the given scenario where Kerala is facing a brain drain, potentially depriving it of talent and expertise, an investment of 507 crores in the IT industry is a significant opportunity to reverse this trend and stimulate job growth domestically. A flourishing IT industry can contribute significantly to foreign investment and drive productivity gains across various sectors. One of the notable prospects in the budget is the government's nurturing and supportive attitude towards the escalating startup ecosystem in Kerala. The additional funding from the Fund of Funds for Kerala's startups will undoubtedly provide a significant boost to early-stage ventures, facilitating their journey from ideation to commercialization. The allocation of funds for a venture capital fund for startups, a digital university, an AI conclave, a robotic conference, etc. underscores the government's commitment to fostering a robust innovation ecosystem and nurturing talent in emerging technologies. The investment of 351.42 crore in the tourism industry complements the IT workforce, which may value a high quality of life and recreational opportunities when considering career opportunities. The new initiatives in the tourism industry will surely boost talent retention and enhance a robust and diversified economy. Kerala is becoming Nava Kerala, a state defined by innovation and sustainable growth, Acsia Technologies Private Limited CEO Jijimon Chandran said...////...