Kerala’s Capital to Become Knowledge Hub of Emerging Technologies

Destination-Kerala-Park

Thiruvananthapuram: Kerala’s Capital city will be elevated to the status of a ‘Knowledge Hub’ of the country with Technocity going on stream where companies engaged in emerging technologies will set up their ventures on the Knowledge City campus in addition to major IT/ITeS companies, according to Hrishikesh Nair, CEO, Kerala IT Parks.

The new generation emerging technology activities that will come up at the Centre for Excellence in the Knowledge City include Block Chain, Cyber Security, Cognitive Science, Mobility, Analytics and Artificial Intelligence.

The Centre of Excellence at the Knowledge City will be developed with academia-industry collaboration to produce state-of-the-art technology based on latest research and development. Technocity will also provide world-class IT infrastructure and support services to startups, and small and medium IT companies in addition to global IT/ITeS companies. With the Technocity project going on stream immediately, Thiruvananthapuram will become the ‘Knowledge Hub’ of the country while Kerala will become the Digital State. The State Government is in the process of achieving this objective, said Hrishikesh Nair.

The master plan for the Technocity project is ready and the total land area of 423 acres is in possession. The design for the first building is ready and will be completed and companies can commence operation by 2019, according to Hrishikesh Nair. The works related to road network, electrical distribution, water supply and other basic infrastructure are progressing. In order to attract more global companies, the land lease rate has also been reduced to 33 per cent from the current level, he added.