The story
Technopark was set up by the Kerala government in 1990 as India's first technology park, on the outskirts of Thiruvananthapuram. It drew Indian and global IT firms with ready office space, a young English-speaking workforce and lower costs than the big metros. Firms specialising in travel, aviation and banking software grew here. Phase III and Phase IV (Technocity) are expanding the campus.
In numbers
Technopark recorded software exports of ₹14,575 crore in 2024-25, 10% growth over the previous year, with around 500 IT/ITeS companies and 80,000 direct jobs.
Technopark clocks Rs 14,575 cr exports in 2024-25, posts 10 pc growth — The Week (PTI) · 2025Technopark's software exports rose 17.3% to ₹17,092 crore in 2025-26; the park hosts 540 IT/ITeS companies with 84,000 direct jobs and more than two lakh indirect jobs.
Technopark software exports rise 17.3 pc to Rs 17,092 cr in FY26 — HDFC Sky (PTI) · 2026
Ways in for a newcomer
- Software services and staffing for park companies
- Facility services: transport, food, housekeeping, security
- Co-living and co-working near Kazhakkoottam
- Training institutes for software and data skills
Problems the cluster faces
- AI and global slowdown hit hiring
- Talent migration to Bengaluru and abroad
- Traffic and infrastructure around the park
- Competition from other Tier-2 IT cities
Businesses to start here
IT Support and Managed Services →Mobile App / Software Development Studio →