Who would have thought that a success story would pave way for another series of stories behind it! Making new allies and brotherhoods, we are indeed on the cloud nine. Yes, with the triumphant and unparalleled saga of success from Technopark, the authorities with their prudent interest have opened up many gates to the development of the IT sector in Kerala. Technocity is being developed as the Phase IV expansion of Technopark. This is a major integrated IT Township project situated in a four fifty acres campus just five kilometers away from the current Technopark.
- Technocity at a Glance
This is going to be a world class experience. Won’t you want to know how? Technocity is being built on both sides of the main National Highway in Pallippuram, Trivandrum. The project encompasses IT/ITeS infrastructure, residential apartments, shopping malls, hospitals, hotels, educational institutions, and other support facilities. In addition to IT, other focus areas will be biotechnology, nanotechnology, high-end manufacturing and R&D. Phase I consists of IT/ITES park in sixty acres of land.
Going global does not mean to ruin heritage of The God’s Own Country. The entire project will be developed through multiple Special Purpose Vehicles (SPV’s) in association with leading developers. The Government is represented by Technopark and a special company called the Kerala State Information Technology Infrastructure Limited. KSITIL plans to hold 26% equity share in all the SPV’s. The project is a new self-dependent satellite city, which would not strain the resources and infrastructure of the city of Thiruvananthapuram.
- Activities in Technocity
Technocity is going to be a cocktail snack for you. a wide variety of companies will be engaged in activities like embedded software development, enterprise resource planning (ERP), process control software design, engineering and computer-aided design, software development, IT Enabled Services (ITES), process re-engineering, animation and e-business. The firms will include domestic companies as well as subsidiaries of MNCs.
- Special Economic Zones in Technocity
There are plans for nine Special Economic Zones (SEZs) within Technocity.
Having acquired inspiration from the first SEZ project in the Technopark campus, The Second SEZ Campus of Infosys Ltd will be coming up in 50 acres of prime land in Technocity. It will provide employment opportunities to 25,000 IT/ITeS professionals. The home grown product development company SunTec Business Solutions has been allotted 10 acres of SEZ land for their campus.
- IT Space
Technocity have up to 20 million square feet of built-up space within multiple buildings for its tenant organisations.
- Utilities and support facilities
Technocity supply electricity through a 220 KV, 100 MVA dedicated internal power sub-station and distribution system with built-in redundancies at all levels. Water supply is from a dedicated treatment plant while there will be a sewage treatment plant built especially for Technocity.
Technocity will host two important educational and research institutes. The Indian Institute of Information Technology and Management–Kerala and The Asian School of Business. Tata Consultancy Services (TCS), the top most IT Company in India would be setting up its Global Learning Academy, World’s largest training academy of its kind in 97 acres of land at an investment of Rs. 3500 crores. TCS is expected to build one of the landmark campuses in Trivandrum with eight million square feet. It will accommodate and train 16,000 IT/ITeS professionals.
It is situated on the main National Highway 47 at Pallippuram, 14 Kilo metres from the Trivandrum International Airport.
The Technocity project, which is expected to provide around one lakh job opportunities within the campus is of course where the new rays of hope lies. It indeed shows what happens when a government inspires its people to dream really BIG.