Kochi is on the south west coast of India and is also known as the Queen of the Arabian Sea. The city is also the financial, commercial and industrial capital of the state of Kerala. The key sectors of the economy include Construction, Manufacturing, Shipbuilding, Transportation/shipping, Seafood and Spices exports, Chemical industries, IT, Tourism, Oil refining, Health services, and Banking. It is recognised as one of the seventeen major industrial cities of India by the World Bank Group.