Kerala Technocity to create 1 lakh jobs for IT professionals

Saturday, October 28 2017

Kerala Technocity to create 1 lakh jobs for IT professionals | Oct 28, 2017, 04.56 PM IST Continue reading Rimit As per the IT secretary of Kerala, M Sivasankar the upcoming Technocity, an IT park in the state will create 1,00,000 job opportunities in the state in the field of IT. ''Technopark's Phase 1, 2 and 3 collectively employ over 1,00,000 IT Professionals, said Sivasankar. "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," added the official. The technocity project will be inaugurated by the honorable president, Ram Nath Kovind in Mangalapuram. The park will come as India's biggest IT park to promote futuristic technologies and innovative startups.

The 400 acre IT park is located near Pallippuram will focus on innovative technologies such as cognitive analytics, financial tech, cyber security, space applications, e-mobility etc., said M Sivasankar, IT secretary of the state. The president will lay the stepping stone for the first state owned IT building at Technocity on October 27. The secretary also said that the concept of ''Knowledge City'' planned at Technocity comes as big step directed towards bringing in a trend setting shift in the socio economic situation of the southern state. "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 upcoming technologies capable of empowering lives of people as envisioned by the Government's latest IT Policy," said Sivasankar. When asked about the IT policy of LDF government, Sivasankar said that its focusing to develop Thiruvananthapuram, Kochi and Kozhikode as the neo-IT destinations of the southern state.

The capital city is also being planned to be developed as a hub for Cyber Security, Fintech, Block chain and Artificial Intelligence, he said. "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 center of excellence for interacting with big IT companies, academic inclusion and also support in the growth of startup companies,'' said Hrishikesh Nair, CEO, Kerala IT Parks,.

The consolidated IT exports from the state in the Financial Year 2016-17 touched INR 12,000 crore, Nair added. The basic infrastructure development including power, road and water have been completed in the park with TCS already operating in its campus spread across 97 acres of land in the Technocity. Other IT firms such as IIITM-K, KASE. SunTec have already acquired land to develop their campuses.