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Major Hub of IT Companies in Kerala

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Technopark is a technology park in Thiruvananthapu...

Technopark is a technology park in Thiruvananthapuram, Kerala, India. Established on 18 November 1990 by the Government of Kerala, under chief minister E K Nayanar, it is the largest information technology (IT) park in India in terms of developed area.[2] As of 2015 Technopark has 10 million sq ft (930 thousand m2) of built-up area, and is home to over 400 companies, employing more than 56,000 professionals, and it is still expanding, adding another 37 hectares (91 acres) as part of Phase III expansion, and 423 acres (171 ha) as Technocity an integrated IT township near Pallippuram.

The policy of economic liberalisation initiated by the government of India in 1991, and the rapid growth of the global software industry during the 1990s, substantially contributed to this growth. During the global financial crisis of 2007 2010, the park saw a period of reduced growth in 2009-10, when exports were only 2.8% more than the previous year.[3][4] During the 2016-17 financial year, the park recorded IT exports of Rs. 5,000 crores.[1]

Technopark is owned and administered by the Government of Kerala and is headed by a chief executive officer. In addition to this, it has a Governing Council and a Project Implementation Board, both of which include top officials of the government.[5] Administrative offices, including that of the CEO, are housed in the Park Centre building. Technopark also hosts a Technology Business Incubation Cell under Kerala Startup Mission.

Technopark houses domestic firms, joint ventures, and subsidiaries of foreign companies engaged in a wide variety of activities, which include embedded software development, smart card technology, enterprise resource planning (ERP), process control software design, engineering and computer-aided design software development, IT Enabled Services (ITES), process re-engineering, animation, and e-business.

Technopark has acquired 86 acres (0.35 km2) of land, for its Phase II expansion.

Out of this, 50 acres (0.20 km2) has been earmarked for Infosys and 36 acres (0.15 km2) for UST Global.[28]
Infosys is planning to create up to 2,500,000 square feet (230,000 m2) of space to eventually accommodate up to 15,000 professionals. It plans to set up 600,000 sq ft (56,000 m2) in the first phase.[29]
UST Global was to set up a 32,000,000 square feet (3,000,000 m2) campus to be completed by 2015. 800,000 square feet (74,000 m2) of space was to be completed by January 2012.[30] Work on the campus was started on 24 October 2007.[31]
Tata Consultancy Services has been allotted 25 acres (0.10 km2) within the campus for their software development centre.[32] This is in addition to the 14 acres (0.057 km2) of land allotted to them for setting up their new training centre Peepul Park.
IBS Software Services is constructing a 450,000 sq ft (42,000 m2) office on 5 acres (0.020 km2) of land.[33] The first phase of the campus was inaugurated on 23 October 2007.[34]
Tata Elxsi Limited, which is the product design arm of the US$68 billion Tata Group, has taken 3.5 acres (0.014 km2) on which to build its design and development centre. The first phase of the campus was commissioned on 7 September 2007.[35]
The NeST group has also been allocated land to build a development centre, on which work has almost been completed.
OXOMO Systems International is one of the fastest growing IT Company in the area, concentrating in software development, Digital Marketing and IT outsourcing sectors.

Technopark has completed acquisition of 100 acres (0.40 km2) of land for Phase III expansion. Firms like Larsen & Toubro and the Rahejas are planning major developments within and around Technopark as well. L&T has already announced its plans to set up a 35-acre (0.14 km2) hybrid IT-and-residential park as part of Technopark Phase III.[36][37] iGate (formerly Patni Computer Systems) has already announced that it will set up a Rs 150 crore ($US 32 million) development centre in Phase III.[38]

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