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Kerala’s 400 acre IT park ‘Technocity’ to be inaugurated today

President Ram Nath Kovind to inaugurate the futuristic IT park

Words by: FWD Media   

Kerala’s brand new IT park which is touted to become the country’s biggest IT park will be launched by President Ram Nath Kovind on October 27. The 400 acre IT park, to be located in Trivandrum would focus on futuristic technologies such as cognitive analytics, fintech, space applications, cyber security, e-mobility said state IT secretary M Sivasankar said.

The President would lay the foundation stone for the first IT building at Technocity on the day.

“Technocity is not just planned as another IT park which provides basic IT infrastructure for IT/ITES companies, but as a Centre of Excellence for frontier technologies that will encourage research and development in emerging technologies capable of empowering lives of people as envisioned by the Government’s latest IT policy”, said Sivasankar at a press meet.

The LDF government is focused on developing Trivananthapuram, Kochi and Kozhikode as the neo-IT destinations of the southern state.

Technopark’s Phase 1, 2 and 3 aims to collectively employ over 1,00,000 IT professionals. “Once Technocity is operational, we foresee additional 1,00,000 employment opportunities from leading and upcoming IT companies in Kerala especially in the areas of futuristic technologies,” the official said.

Hrishikesh Nair, CEO, Kerala IT Parks, said the commercial hub Kochi would focus on Internet of Things (IoT) and Cyberpark in Kozhikode would focus on mobile-based technologies. “We shall allocate space for the new generation startups at Knowledge City that will also focus on Research and Development,” he said. It would also be developed as a centre of excellence for interacting with big IT companies, academic inclusion and also support in the growth of startup companies.

The total IT exports from the southern state during the Financial Year 2016-17 stood at Rs 12,000 crore, Nair added.

According to officials, the first IT building planned in Technocity is a signature building, with a built-up area of two lakh sq. ft, is expected to be completed by 2019. It is to accommodate the demand for more office space from a large number of small and medium companies located in Technopark here, the first Electronic/IT park in the country.

Tata Consultancy Services have already begun work on their campus on 97 acres land in Technocity while other organisations such as SunTec, IIITM-K and KASE have already taken land for developing their respective campuses as well.

Basic infrastructure developments like road, power and water have been completed.

Image source: cms.technopark.org