>>A five-member high level delegation from Canadian Parliament headed by Russell Hierbert, Member of Parliament visited Technopark with the basic objective to improve the investments and trade relations between IT companies based in Canada and Kerala. He was accompanied by Members of Parliament: Devinder Shory and Joe Daniel; Senators: Raynell Andreychuk and David Smith and Secretary to the Delegation Elizabeth Kingston.
Technopark CEO K G Girish Babu received the delegation along with M Vasudevan, Sr. Business Development Manager. Girish Babu delivered a detailed presentation on the advantages of Kerala IT in comparison to other states in the country. He said, â€œKerala IT will be the next IT power house and would become a major investment destination due to the success of its hub and spoke model adopted by Kerala IT/ITES companies.â€ He also explained to the delegation about the readily available global standard IT infrastructure in the Special Economic Zone (SEZ) and domestic tariff area across the state.
He added, â€œThe cost of operations is Kerala is 30% cheaper and the main advantage for companies who have set their campuses in Technopark is that they run 99 per cent of the time on grid power where as in other locations, companies have to use up to 80 per cent DG power which is very expensive. In continuity he said that the state was superior to other destinations in the countyâ€.
M Vasudevan, Senior Business Development said â€œTechnopark houses major It companies likeÂ Infosys, Tata Telecommunications Ltd, Oracle, Cap Gemini, Accenture, McKinsey & Co, Ernst & Young, Allianz, RR Donnelley & Co, UST Global, Interactive Business Systems Inc (IBS) etc, which are all growing at a fast pace. Moreover Technopark is already one of the major Centres in the country in software exports.Â The number of IT/ITeS professionals currently at 40,000 is expected to reach 200,000 during the next few years when the facilities of TCS, Infosys, UST Global, SunTec, etc. are fully operational. The attrition rate in Technopark is only in the region of less than 5 per cent whereas in other places it is in the range of 20 to 25 per cent which is a great attraction for companies.â€
After the presentation and tour of the campus, Russel Hiebert said â€œWe are impressed with the facilities and advantagesâ€™ Technopark campus has to offer to international and home grown IT companies, I am also happy to see some Canadian companies taking advantage of this opportunity and we are optimistic that many more of our companies will also set their campuses in this IT park in the near futureâ€.
The delegation was taken through a tour around the park. They also visited Infosys campus.Â Mr Sunil Jose, Centre Head, Infosys made a presentation to the visiting delegation.Â The team also had meeting with officials of RWDI, a Canadian Company located in Technopark.