Technopark in Thiruvananthapuram sets a target of creating 45,000 new jobs in 2014-16

KOCHI: The first IT park in the country, the Technopark in Thiruvananthapuram has set a target of creating 45,000 new jobs during 2014-16 as part of its efforts to emerge a major centre of the information technology industry.

Technopark, which is poised to celebrate its Silver Jubilee next year, currently provides direct employment to 45,000 IT/ITeS professionals through its 330 IT companies.

With the completion of the ongoing construction activities this year of TCS, Infosys, UST Global, Tata Elxsi, IBS and Technopark’s Phase III building, around 45,000 additional direct jobs will be created in Thiruvananthapuram. This will lead to a total of 90,000 direct jobs and 3,50,000 indirect jobs.

Technopark CEO K G Girish Babu said the capacity built during the last 24 years would be doubled during the next two years in terms of employment through companies located in the IT park. Clocking an impressive growth during the FY 2013-14, Technopark’s export turnover could be around Rs 5,000 crore as compared to Rs 3,500 crore in 2012-13. It also added 1.1 million sq ft of built-up space during the period.

Under Phase I and II of Technopark, construction of buildings on a total area of 2.5 million sq ft is progressing, which will be completed within a year. The companies building their own campuses are Infosys, TCS, UST Global, Tata Elxsi and IBS.

Technopark Phase II is an 86-acre Special Economic Zone (SEZ) campus being jointly developed by Infosys and UST Global. When fully developed, it can accommodate 50,000 IT/ITeS professionals.