A vision document prepared by the Kerala government for the IT sector has envisaged a direct investment of Rs 2,000 crores in next few years and generation of about two lakh jobs in the state. A major initiative would be in e-goverance and an amount of Rs 2000 crores would be set apart for the [...]
Even as software giants like Infosys are not too sure when the US economy would start recovering, the tiny southern State of Kerala is exuding confidence that things have already started looking up and in three to five years, and the sector would be back on gravy train “This time last year, situation was very [...]
This is where you find the roots of IT in Kerala. Nestled away from the hustle and bustle of the state capital, Thiruvananthapuram’s Technopark boasts to be the only tech park in the country with maximum green cover surrounding the 177 odd companies spread across the various buildings in the campus. Technopark claims to have [...]
Infopark Kochi, an IT park promoted by the Kerala government, Tuesday said its exports almost doubled last fiscal to touch Rs.600 crore ($124.5 million). It said in a statement that the companies based in the Infopark campus have hired 2,500 IT professionals in 2007-08, taking their total head count to 9,000. Infopark houses 51 IT [...]
It seems the much hyped Smart City project is moving towards uncertainty. But IT companies are not bothered about its future and are busy designing and implementing new projects.Beating the recession wave 11 companies have set their foot in Infopark, Kochi, last year. It is a great achievement especially in this tough economic conditions. According [...]
IT sector is likely to be the worst hit in the global economic downturn which has also stifled the expansion of the IT sector, the state government has deferred the payment of 50 percent of the current year’s rent of firms operating in Government-owned IT parks to 2010-2011. The government has issued an order regarding [...]
Technopark-Trivandrum and Infopark-Kochi have approved annual expansion plans envisaging budgets of Rs 650 crore and Rs 250 crore respectively for 2009-10. This was decided at general body meetings of the State’s two principal technology parks, the Chief Minister, Mr V. S. Achuthanandan.Briefing newspersons on the decisions taken at the meetings, he said the Technopark would [...]
Here is the latest update on the infrastructure development related to the proposed IT industry in Kerala. Expansion of Technopark Phase III, Thiruvananthapuram 100 acres Status: The land has already been acquired. SEZ approval obtained. Allotment of land to IT companies already under discussion. A 10 lakh sq ft building is being constructed by Technopark. [...]
While India’s overall software exports have slowed down on account of the global slowdown, those from Kerala grew 43.41 percent till February-end, fetching a revenue of Rs.2,300 crore. “While the STPI (Software Technology Parks India) figures for the country show a growth of 17.62 percent till February-end this fiscal, software exports from Kerala have grown [...]
Kerala’s first district IT park to come up at Kollam.Technopark officials here are finalizing the master plan for the first district level IT park in Kerala, to come up at Kundara near Kollam. the IT park would be developed under the public-private partnership (PPP) policy of the state government. The formal inauguration will take place [...]
