Thiruvananthapuram: “The ‘Knowledge City’ concept planned at the upcoming 400-acre Technocity is the big step envisioned towards bringing about a paradigm shift in the socio economic thought process of Kerala,” M Sivasankar, IAS, IT Secretary, Kerala, has said. Ram Nath Kovind, President of India lays the foundation stone for the first IT building at Technocity on Friday.
“Kerala Government aims to make Technocity the country’s biggest futuristic IT Park that will focus on frontier technologies such as Cognitive Analytics, Fintech, Space Applications, Cyber Security and e-Mobility,” said the IT Secretary. Technocity is not just planned as another IT park which provides basic 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, Sivasankar added.
“The IT Policy lays stress on developing Thiruvananthapuram, Kochi and Kozhikode as the three main IT hubs of Kerala. Technological development in the areas of Cyber Security, Block Chain, Fintech and Artificial Intelligence is envisaged in Thiruvananthapuram, while Kochi will focus on Internet of Things (IoT) and Kozhikode’s Cyberpark on mobile-based technologies,” said Hrishikesh Nair, CEO, Kerala IT Parks. “We will allocate space at Knowledge City for new generation startups which focus on research and development. It will also be developed as a centre of excellence for interacting with big IT companies, academic inclusion and will also support the growth of startups,” he added.
The first IT building planned at Technocity is a signature structure with a built-up area of 2 lakh sq. ft. and is expected to be completed by 2019 to accommodate the demand for more office space from a large number of small and medium companies located in Technopark. Basic infrastructure like road, power and water is ready.
Tata Consultancy Services has already begun work on its campus on 97 acres of land in Technocity. Other organisations such as SunTec, IIITM-K and KASE also have taken land for developing their respective campuses.