page_title: Technopark, Trivandrum
section_title: Phase II
hierarchical_section_title: Technopark, Trivandrum / Expansion and new projects / Phase II
caption_attribution_description: English: US based Taurus group is constructing business space and a shopping mall in Technopark, Trivandrum.
context_page_description: Technopark is a technology park in Thiruvananthapuram, Kerala, India. Established on 18 November 1990 by the Government of Kerala, under chief minister E K Nayanar, it is the largest information technology park in India in terms of developed area. As of 2015 Technopark has 10 million sq ft of built-up area, and is home to over 400 companies, employing more than 56,000 professionals, and it is still expanding, adding another 37 hectares as part of Phase III expansion, and 423 acres as Technocity—an integrated IT township near Pallippuram.
  The policy of economic liberalisation initiated by the government of India in 1991, and the rapid growth of the global software industry during the 1990s, substantially contributed to this growth. During the global financial crisis of 2007–2010, the park saw a period of reduced growth in 2009–10, when exports were only 2.8% more than the previous year. During the 2016-17 financial year, the park recorded IT exports of Rs. 5,000 crores.
  Technopark is owned and administered by the Government of Kerala and is headed by a chief executive officer.
context_section_description: Technopark has acquired 86 acres (0.35 km²) of land, for its Phase II expansion.
  Out of this, 50 acres (0.20 km²) has been earmarked for Infosys and 36 acres (0.15 km²) for UST Global.
  Infosys is planning to create up to 2,500,000 square feet (230,000 m²) of space to eventually accommodate up to 15,000 professionals. It plans to set up 600,000 sq ft (56,000 m²) in the first phase.
  UST Global was to set up a 32,000,000 square feet (3,000,000 m²) campus to be completed by 2015. 800,000 square feet (74,000 m²) of space was to be completed by January 2012. Work on the campus was started on 24 October 2007.
  Tata Consultancy Services has been allotted 25 acres (0.10 km²) within the campus for their software development centre. This is in addition to the 14 acres (0.057 km²) of land allotted to them for setting up their new training centre—Peepul Park.
  IBS Software Services is constructing a 450,000 sq ft (42,000 m²) office on 5 acres (0.020 km²) of land. The first phase of the campus was inaugurated on 23 October 2007.
  Tata Elxsi Limited, which is the product design arm of the US$68 billion Tata Group, has taken 3.5 acres (0.014 km²) on which to build its design and development centre. The first phase of the campus was commissioned on 7 September 2007.
  The NeST group has also been allocated land to build a development centre, on which work has almost been completed.
  OXOMO Systems International is one of the fastest-growing IT company in the area, concentrating on software development, Digital Marketing, and IT outsourcing sectors.
caption: Technopark campus building being constructed by US-based Taurus Group
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