Rs 1274 Crores Increase in Revenue; IT Exports of Technopark at 9775 Crores

Technopark boosts IT export revenue of Kerala IT sector. It has achieved a growth of 1274 crores compared to last financial year. Technopark achieved an export revenue of 9775 crores in FY 2021-22, which is 15 percent higher than the previous year. In addition, FY 21-22 has seen Technopark recognized by Govt of India for filing GST tax accurately and CRISIL (Credit Rating Information Service of India) rated A+/Stable till June 2023.

At present, Technopark is home to 70,000 employees, host 470 companies with a total IT built up area of 10.6 million sq.ft. In the last one and a half years Technopark allotted office spaces to 78 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 at Technopark in a total IT built up area of 1,91,703 sq.ft. Last financial year (FY20-21), Technopark’s export revenue was 8501 crores.

‘The role of Technopark in Kerala IT export has been profound and it has been increasing every year. The new companies and new construction has been fuelling the development of Technopark. The development activities supported by the Government, the impeccable service standards of 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.


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