Technocity IT building

IT Boost for Kerala: Technocity Construction to Kick Off on Oct 27

Thiruvananthapuram: Kerala’s information technology arena would get a big boost with its dream of a satellite IT City, Technocity,  turning real after a few years of its announcement. On October 27,  Kerala will see the realization of this ambitious dream when the foundation stone for the first government IT building will be laid by President Ram Nath Kovind in Thiruvananthaapuram. With the takeoff of Technocity, Trivandrum is expected to emerge as a hub for emerging technologies in the country.

“Today Technopark’s Phase 1, 2 and 3 collectively employ over 100,000 IT Professionals. Once Technocity is operational we foresee additional 100,000 employment opportunities from leading and upcoming IT companies in Kerala especially in the areas of futuristic technologies. Technocity is a very important milestone for Kerala IT to strengthen its presence in the IT Map of the World and the Kerala Government will facilitate everything to ensure this.” Said M Sivasankar, IT Secretary, Kerala.

Technocity LandscapeThe first IT building coming up at Technocity will have a built-up area of 200,000 sq.ft with four floors, and is expected to be operational by 2019 to accommodate the demand for more office space from large number of SMEs located in Technopark to expand operations.

The government has completed the acquisition of the 400 acres required for Technocity project at Mangalapuram.

One portion of the project (300 acres) has been set aside for IT and IT-enabled services and the remaining 100 acres will be dedicated to set up a Knowledge City. This is envisaged as ‘Centre of Excellence’ (CoE) for future technologies like Cognitive Analytics, IoT, Cybersecurity, Block Chain, e-Mobility, and Space Science.

“By setting up centres of excellence to promote research and development, we hope to gain early lead in emerging technologies and become a major hub in this area with focus on technology-based products. We are on the lookout for an academic partner for the Knowledge City to promote new technologies and to facilitate business collaborations for startups.” Said Kerala IT Parks CEO, Hrishikesh Nair.

Leading IT players such as TCS, SunTec, IIITM-K, KASE, etc. have already taken land for development at Technocity.