Kerala chief minister to lay stone for the project on Nov 28
Kerala chief minister VS Achuthanandan will lay the foundation stone for Phase-II of Infopark Kochi at Puthencruz, near here on November 28.
The second phase, coming up on 160 acre, will become operational by December 2011.
It will offer the first low-cost plug and play BPO facility in the state and house domestic parks as well as special economic zones for IT/ITeS companies. The domestic park is aimed at creating cost-effective infrastructure for the BPO industry.
“We also plan to unveil the master plan of this phase on the same day. As the location is scenic, we have plans to promote eco-tourism and would develop a green campus here,” said Infopark Kochi CEO, Siddhartha Bhattacharya.
Phase-II, when fully operational, would generate employment for 50,000 in the IT/ITeS space. Besides, it would also have Kochi’s first major business convention centre and and an integrated IT business district. Other facilities planned include commercial and recreation zones, and a business hotel.
“We also intend to provide infrastructure like a 20 MVA substation and a 3 million litres per day water intake and treatment plant,” he added.
Infopark Kochi based at Kakkanad posted a total revenue of Rs 463 crore in 2008-09. It added 2,500 IT professionals taking the total number to 9,000 during the last financial year.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
