Technopark reveals a bold master plan today for its Phase IV expansion, marking a major step for the regional computer and internet business world. This new blueprint shows how the tech campus will grow much bigger, adding many new buildings and spaces for more companies and their workers. The grand plan aims to make room for thousands of new jobs, pushing the area’s economy forward and cementing Technopark’s place as a key center for high-tech work. This big move signals a future of quick growth and big changes for the local community, making sure the park can take in more new companies and ideas.
New Plans for Technopark Land
Technopark, a big technology hub, has shared its detailed plan for a new part of its campus. This new area, known as Phase IV, aims to bring more growth and jobs. The government of Kerala has given its approval for this large effort, which is called the “Quad” project. This project is set to change the area near Pallippuram, Mangalapuram. Murukkumpuzha in Trivandrum. This entire bigger area is also known as Technocity.
The main goal of this plan is to build a new-age smart city. It will have a mix of technology centers, places for learning, health services, homes. shops. The hope is to create a place where new ideas can grow and digital ways of working can get stronger.
How Technopark Has Grown
Technopark started a long time ago in 1990. It was the first of its kind in India and has become one of the biggest technology parks. Over the years, it has grown a lot. It now covers 768 acres of land. More than 500 companies work there, giving jobs to around 75,000 people.
This growth has helped the local money situation a lot. For example, in the financial year 2023–24, Technopark made more money from its software work, with a 14% increase in earnings. This shows how crucial the park is for the area’s growth and for bringing in new business.
Technology parks like Technopark give a lot of space for companies to grow. They have office areas, special labs, storage spots. meeting rooms. This helps new companies that might not have a lot of money at the start.
They also help start new businesses and bring in money for the region. Many governments put money into these parks to make their local and national money systems stronger.
What the New Plan Will Build
The master plan for this new part of Technopark is very big. The “Quad” project alone is expected to create 40 lakh square feet, which is 4 million square feet, of building space across about 30 acres of land. The total cost for this part is planned to be 1600 crore rupees.
Within this new area, many essential buildings and facilities are planned:
- A large IT building: This building will be 8. 5 lakh square feet (850,000 sq ft) and will be built on 5. 5 acres of land. It will cost around 381 crore rupees. This single building will have space for 6000 IT workers.
- A multi-purpose business center: This center will cover 9 lakh square feet of space on 5. 6 acres. It is expected to cost 350 crore rupees.
- Another IT office complex: This will be built on 4. 5 acres and will cost 400 crore rupees.
The whole Technocity plan covers a huge 500 acres. Other essential projects already planned or being built within Phase IV include:
- Kerala Space Park
- MSME Technology Centre
- TCS Campus
- SunTec Campus
- Unity Mall
- TECHSL Multispecialty Hospital
- Kabani IT Building
- Digital Substation
- Kerala Startup Mission Innovation Hub
- Kerala Academy for Skills Excellence (KASE)
- Digital Science Park
- Digital University Kerala
The new IT buildings will be made with modern ideas. They will aim for a “Gold rating” for being green and good for the environment. This means they will use materials that are kind to nature and build in ways that save energy. Things like natural light, LED lights, systems to collect rainwater. ways to clean and use water again will be part of the design. They will also have strong power backup systems, good air conditioning. smart systems for building control and safety.
Why This New Growth Is vital
This big expansion is expected to bring many good things to the area. One of the most essential is the creation of jobs. The new area is expected to create over 50,000 direct and indirect jobs in the next three to five years.
For example, the TCS project alone is set to create about 5,000 jobs in its first part. When it is fully finished, it is expected to create at least 20,000 jobs. This will help many families and the local money system.
The new buildings and facilities will also attract more companies to set up their offices here. This will make the area a stronger center for technology and new ideas. The presence of places like Digital University and the Space Park will bring in many smart people and students, helping the area grow even more.
The plan also includes different kinds of places like homes, shops. health services. This means the area will become a complete living and working space, making life better for the people who live and work there.
What essential People Are Saying
Leaders and officials are positive about this new plan. The government of Kerala has clearly shown its support by giving its approval. This shows that they see this project as a key part of making the state’s technology setup better and bringing it up to world standards.
A Technopark official has said that the new buildings will be built in a way that is good for the environment, using ideas that save energy, water, keep the air clean. manage waste well.
The start of construction for big companies like TCS shows that major businesses are also keen on being part of this growth. Their decision to invest in this new area helps make the whole plan stronger.
When It Will Happen
The government aims to finish the “Quad” project by the middle of 2025. While large building projects can take many years, this target shows a clear focus on getting this crucial work done quickly. For example, the TCS building project had its first groundbreaking event in June 2022.
Large building works like this need careful planning for money, time. following rules. Making sure money is used well, keeping to a clear plan. getting all the necessary permissions are crucial steps to ensure the project finishes on time and within its money limits.
