Technopark IT export revenue sees 15% rise

Thiruvananthapuram: Technopark has achieved a growth of Rs 1,274 crore compared to last financial year in terms of IT export revenue. It has achieved export revenue of Rs 9,775 crore in the financial year 2021-22, which is 15 percent higher than the previous year. In addition, in the financial year 2021-22 has seen Technopark being recognized by the union government for filing GST tax promptly.
At present, the Technopark has 70,000 employees and hosts 470 companies with a total IT built up area of 10.6 million sq.ft.
In the last one and a half years, the Technopark allotted office spaces to 78 more companies covering an IT built up area of 2,68,301 sq. ft. In this year, during the period from April-Nov 2022, new office spaces were allocated to 37 IT/ITeS companies in a total IT built up area of 1,91,703 sq.ft.
Last financial year (FY20-21), Technopark's export revenue was Rs 8,501 crore.
“The role of Technopark in Kerala IT export has been profound and it has been increasing every year. The new companies and new construction have been fuelling the development of Technopark.
“The development activities supported by the government and the impeccable service standards of the Technopark, are indeed an asset towards progress. Technopark is looking at new horizons of growth and diversifying its product offerings so as to attract more companies and investments in the state,” said Snehil Kumar Singh IAS, CEO Kerala IT Parks.