Technopark clocks Rs 14,575 cr exports in 2024-25; posts 10 pc growth

Thiruvananthapuram, Aug 27 (PTI) Technopark, one of the country’s leading IT hubs here, recorded software export revenues of Rs 14,575 crore in 2024-25, registering 10 per cent growth over the previous year.

The figure stood at Rs 13,255 crore in 2023-24, a statement said.

Spread across 768.63 acres with 12.72 million sq ft of built-up space, Technopark currently hosts around 500 IT/ITeS companies, generating 80,000 direct jobs and over two lakh indirect jobs.

Col. Sanjeev Nair (Retd), CEO of Technopark, said the robust growth underscored the strength of Kerala’s IT ecosystem and the professionalism of the companies operating from the campus.

“Backed by world-class infrastructure and a highly skilled talent pool, Kerala continues to foster innovation and accelerate growth, reinforcing its status as a leading IT destination in India,” he said.

Kerala’s first IT corridor, which developed along the National Highway from Kazhakkoottam to Kovalam, has now become a nucleus of high-tech activity with Technopark at its core, the statement added.

The ongoing development of its phase III and phase IV campuses will further consolidate its position as one of the country’s largest IT hubs, it said.

Several Technopark-based firms also earned national and international recognition during the year for business growth, innovation, and workplace excellence.

The campus has also emerged as a key hub for one of India’s fastest-growing startup ecosystems, the statement noted. PTI LGK SSK