Kochi's Infopark attracts Rs 3,000 cr investment

Infopark here has attracted investment worth Rs 3000 crore (Rs 30 billion) and generated over Rs 2,350 crore (Rs 23.50 billion) of software exports revenue, Infopark CEO Shri Hrishikesh Nair has said.

The park has attained all milestones in terms of IT space, employment generation and software exports, Nair said at a function organised as part of Infopark anniversary on Monday.

"We have attracted over Rs 3,000 crore worth of investment and generated over Rs 2,350 crores of software exports revenue," he said.

Over the last decade, the growth of Infopark has been spectacular both in terms of world-class IT space and employment generation, he said.

The park has now 4.5 million sqft technology workspace with state-of-the-art infrastructure.

The 100-acre Kochi campus is currently home to 200 plus companies, including some of the big names in the industry such as TCS, Wipro, Cognizant and UST Global, he said.

The park which currently employs around 24,000 IT professionals has almost finished its Phase-I development, with the construction of IT campuses by TCS and Brigade Group nearing completion.

Work on the Rs 2500-crore Phase II project, spread across 160 acres, is progressing quickly and is expected to be ready for operations by 2020, he said.

Photograph: Courtesy, Infopark