Technopark turns 34 as it enters a new phase of development

A view of Technopark Phase 3

Technopark, the primary IT park in India which offered the spark for Kerala’s IT increase, turned 34 on Friday. Technopark, which tells the story of the IT progress of the State and the capital, presently operates in 5 phases, overlaying an space of 760 acres and offering 10.6 million sq. toes of IT built-up house, housing 486 corporations with round 72,000 employees throughout varied campuses.

The campus has generated round 1,000 new job alternatives and offered workspace for 12 new corporations within the final 4 months. Technopark’s software program export income was ₹9,775 crore for the 2021- 22 fiscal.

Technopark CEO Sanjeev Nair mentioned the campus was coming into a new phase of development. The Brigade Square constructed over an space of one acre with 1.85 lakh sq. toes and ₹180 crore funding, and the 6 lakhs sq. toes ‘Carnival Building’ to be unfold throughout 1.97 acres, are some of the upcoming tasks in Technopark Phase 1. The Taurus Downtown Trivandrum venture is being constructed on 19.73 acres with 55.56 sq. toes at ₹1,800 crore in Phase 3.

The plans for Phase four embrace the TCS IT and ITES campus with 94 acres and 20 lakhs sq. toes of constructed up house at a value of ₹800 crore, The Quad, an built-in mini-township venture with facilities such as IT buildings, procuring amenities, inexpensive housing, hospitals, and academic establishments on an space of roughly 30 acres at a value of ₹1,600 crore, has 40 lakh sq. toes built-up house on a single campus. 

A view of Technopark Phase 1

The Kerala Space Park, Digital Science Park of the Digital University of Kerala, the Emerging ‘Technology Startup Hub of the Kerala StartUp Mission, the campus of SunTec, the MSME Centre and Unity Mall are some of the projects that are under way.

Phase 3, 4

In addition to this, 118 acres of land in Technopark Phase 4 and 10 acres of land in Technopark Phase 3 campuses are available for long-term lease. Technopark Phase 4 and Technopark Kollam have 15,000 and 20,000 square feet of built-up space respectively available for short term lease. Discussions are also under way to transform Technopark Kollam into a ‘workation destination’ (with leisure and enterprise beneath one roof) in collaboration with the Tourism division.

Sharing his happiness on the milestone, Mr. Nair recalled the contribution of visionary leaders, founders and the group which helped Technopark lay a strong and strong basis.