5 LAKH IT JOBS OF 2020

Kerala Government’s IT policy targets to create five lakh job opportunities by 2020. If everything goes as planned, Infopark will be able to provide one in three IT jobs in the state by then, Infopark CEO Hrishikesh Nair said. He added that Infopark Kochi, which started in 2004, aims to develop eight million square feet built-up space by 2020 in the second phase. Hrishikesh Nair was speaking to media persons on the sidelines of a press conference here the other day.

Infopark has a built up space of 4.5 million sq. ft. and this will go up to 6 million by the end of the current fiscal with the opening of the Phase II at Infopark Thrissur, he further said. The expected turnover of Infopark in 2015-16 is Rs. 3,500-3,750 crore. The total turnover in 2014-15 was Rs 3,150 crore and Rs 2,650 crore in 2013-14.

“With the development of the targeted built-up space, Infoparks in Kerala, namely Kochi, Koratty and Cherthala when put together, will create 1.5 lakh job opportunities in the next four years. With a land bank availability of more than 350 acres, the Infoparks envisage Rs 2,500 crore worth investments for expansion plans through PPP model. At present, Infoparks are generating 25,000 jobs and has garnered a turnover of Rs 3,000 crore,” Nair said.

With the growth in IT sector, we expect to achieve a 30 per cent increase in its revenue in the current fiscal also, he added. The total available area in the second phase of Infopark at Kakkanad is fully sold out. The Cochin International School by Muthoot Group will be inaugurated here soon, Infopark officials said. Cognizant Technology Solutions, Brigade Group, UST Global, Claysys Technologies, Eram Group, Caspian Technologies, Padiyath Technopolis are the major companies which are setting up their facilities in the Infopark second phase. A cloud based Data Centre facility and an incubator in 5,000-10,000 sq. ft. space will come up in the new area.

Kerala Government’s IT policy targets to create five lakh job opportunities by 2020. If everything goes as planned, Infopark will be able to provide one in three IT jobs in the state by then, Infopark CEO Hrishikesh Nair said. He added that Infopark Kochi, which started in 2004, aims to develop eight million square feet built-up space by 2020 in the second phase. Hrishikesh Nair was speaking to media persons on the sidelines of a press conference here the other day.

Infopark has a built up space of 4.5 million sq ft and this will go up to 6 million by the end of the current fiscal with the opening of the Phase II at Infopark Thrissur, he further said. The expected turnover of Infopark in 2015-16 is Rs 3,500-3,750 crore. The total turnover in 2014-15 was Rs 3,150 crore and Rs 2,650 crore in 2013-14.

“With the development of the targeted built-up space, Infoparks in Kerala-Kochi, Koratty and Cherthala- put together will create 1.5 lakh job opportunities in the next four years. With a land bank availability of more than 350 acres, the Infoparks envisage Rs 2,500 crore worth investments for expansion plans through PPP model. At present, Infoparks are generating 25,000 jobs and has garnered a turnover of Rs 3,000 crore,” Nair said.

With the growth in IT sector, we expect to achieve a 30 per cent increase in its revenue in the current fiscal also, he added. The total available area in the second phase of Infopark at Kakkanad is fully sold out. The Cochin International School by Muthoot Group will be inaugurated here soon, Infopark officials said. Cognizant Technology Solutions, Brigade Group, UST Global, Claysys Technologies, Eram Group, Caspian Technologies, Padiyath Technopolis are the major companies which are setting up their facilities in the Infopark second phase. A cloud based Data Centre facility and an incubator in 5,000-10,000 sqft space will also come up in the new area.

 

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