Huge demand for Smart Business Centres at Technopark third phase

Thiruvananthapuram, April 25 (IANS) The third phase of Technopark campus has drawn a huge response from small companies (smart business centres) with two floors of the building gone to small IT companies.

The third phase consists of twin towers, Aanamudi and Ponmudi, which have been named after two mountain peaks in the state. It has a builtup area of one million square feet.

"Smart Business Centres have been set up in the second and third floors of the second tower and it has seating capacities of minimum 18 and maximum 50. There are currently 22 Smart Business Centres and all have been allotted to various companies. We have decided to set up another floor due to the increasing demands for small space," said Technopark Sr. Business Development Manager, M Vasudevan.

The third phase has being developed as both Special Economic Zone as well as Non Special Economic Zone.

Shopping Malls, commercial complex, executive hotel facilities, star hotels, convention center and multiplex are the main attractions in Technopark Phase III.

"Once Phase III is fully operational, Technopark will have a total of 7.1 million square feet of built up area (Phase I, Phase II, Phase III and the building at Kollam Technopark inclusive), making the park the biggest IT park in the country. Once fully occupied, Technopark Phase III will provide direct employment to over 75000 IT professionals and indirect employment to over three lakh people," said Technopark CEO, K.G. Girish Babu.

Some of the prominent names which have taken up space at the third phase are HCL, Oracle and CapGemini.

Technopark has more than 280 companies providing direct employment to more than 40,000 IT/ITES professionals and 150,000 people indirectly.