Technopark-Thiruvananthapuram and Infopark-Kochi have approved annual expansion plans envisaging budgets of Rs 650 crore and Rs 250 crore respectively for 2009-10.
This was decided at general body meetings of the State’s two principal technology parks, the Chief Minister, V. S. Achuthanandan, announced here on Wednesday.
Briefing newspersons on the decisions taken at the meetings, he said the Technopark would immediately start construction activities that would cost around Rs 100 crore.
Construction activities at the new IT parks at Ambalappuzha, Cherthala, Koratti and Kundara too would begin during the course of this financial year. At Koratti, the works will begin in October.
Achuthanandan said the growth of IT industry in the State was above the average growth at the national level. Against an all-India growth of 17 percent, the IT industry grew by 45 percent in Kerala in 2008-09.
“When this government came to power three years ago, the Infopark in Kochi had around 3,000 employees. Now the employee-strength has gone up to 8,000,” Achuthanandan said.
The government’s expectation is that this number will go up to 40,000 in the next five years, he added.
Responding to a question, Achuthanandan said that it appeared that the promoters of the delayed Smart City project in Kochi were experiencing the pinch of the economic crisis afflicting the world as a whole. He said this was his inference from certain “undeserving demands” they were now making on the State Government.
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