Technopark, Trivandrum

Technopark, Trivandrum

Technopark is a technology park in Thiruvananthapuram, Kerala, India. It is the largest Information Technology park in Asia in terms of built up area. The park is dedicated to IT ventures. Launched in 1990, Technopark as of 2015 has 9.33 million square feet of built-up area, and is home to over 350 companies, employing nearly 60,000 professionals. 

Technopark is currently on an expansion mode by adding another 37 hectares as part of Phase III expansion and 423 acres as Technocity—an integrated IT township near Pallippuram. The policy of economic liberalisation initiated by the government of India in 1991 and the rapid growth of the global software industry during the 1990s substantially contributed to its growth. 

During the global financial crisis of 2007–2010, the park saw a period of reduced growth in 2009-10, where the exports recorded was only 2.8% more than the previous year.During the financial year 2014-15, the park recorded IT exports of Rs 5,100 crores, contributing 55 percent of the state's total IT exports.

The units in Technopark include domestic firms, joint ventures and subsidiaries of foreign companies engaged in a wide variety of activities, which include embedded software development, smart card technology, enterprise resource planning (ERP), process control software design, engineering and computer-aided design software development, IT Enabled Services (ITES), process re-engineering, animation and e-business. 

Technopark is owned and administered by the Government of Kerala and is headed by a chief executive officer. In addition to this, it has a Governing Council and a Project Implementation Board, both of which include top officials of the government.Administrative offices, including that of the CEO, are housed in the Park Centre building. Technopark also hosts a Technology Business Incubation Cell under Kerala Startup Mission.