With IT, ITeS and BPO companies flocking to the state, Kerala is fast emerging as a hot IT destination.
IT experts say increasing costs in Bangalore, Chennai and Hyderabad, are prompting many IT companies to look at Kerala which offers infrastructure at low costs, better quality of life and easy availablity of quality manpower.
Recently, a high level delegation from Qatar, led by minister of state for Foreign Affairs Ahmed Bin Abdullah Al Mahmoud, had visited Kerala and expressed its intention to invest in several projects, including the third stage expansion of Technopark in Thiruvananthapuram.
Technopark, launched in 1992, was the first of its kind in India offering ready-to-use infrastructure exclusively for IT companies. With 75 companies and 7,500 people, the 15 lakh square feet structure, spread over about 156 acres of land cannot take in any more companies, prompting authorities to chart out a Rs 1000-crore expansion plan.
News via: Jerin