Thiruvananthapuram: The revenue from software exports by the IT/ITEs companies of Technopark has clocked Rs 13,255 crore for the financial year (FY) 2023-24, marking a 14% growth compared to last year. The software export revenue of Technopark for FY 2022–23 was Rs 11,630 crore. The IT hub houses as many as 490 companies, providing 75,000 direct jobs and two lakh plus indirect jobs.
This stellar performance tells a growth story of the vibrant IT ecosystem in Kerala and the business vision and professionalism of the in-house companies, Sanjeev Nair, CEO, Technopark, said in a statement. “The world-class infrastructure and skilled workforce at Technopark played a major role in hitting this high growth trajectory. The results will enhance confidence in the robust ecosystem in the state, which is a model for the whole country,” he said.
“The digital ecosystem at Technopark measures up well to the aspirations of the companies that deploy and integrate cutting-edge technologies to harvest the opportunities in fast-emerging domains such as space technology, fintech, medtech, EV, and logistics,” he said. He also recalled that diplomatic and business delegations from the US, Europe, and other countries visited Technopark this year and lauded the infrastructure and ecosystem here. Technopark also serves as the nucleus of the high-tech ecosystem of the state capital.
The ongoing development activities at Technopark Phase III and Phase IV campuses will make the park one of the country’s biggest IT hubs in the near future. Many of the companies at Technopark have also made a mark during the year by bagging coveted national and international accolades for business growth, innovation, and workplace competence. The campus has also emerged as a nerve centre for one of India’s fast-growing startup ecosystems.
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