A master plan for Technocity, the estimated Rs 5,000-crore IT township coming up over 450 acres at Pallipuram near here, is now ready.
When fully commissioned, Technocity would be an integrated IT township, encompassing IT/ITES infrastructure and residential apartments.
Shopping malls with multiplexes, hospitals, hotels, educational institutions and other support facilities would be other attractions. It will have up to 30 million square feet built-up space with multiple buildings for tenant organisations.
Other than IT, it would play to host enterprises in the biotechnology, nanotechnology, high-end manufacturing sectors, as well as research and development.
Tata Consultancy Services will set up a Rs 1500-crore Global Learning Academy here in the 82 acres of land already allotted to them.
Purportedly one of the largest in Asia, it would be able to train and accommodate at least 16,000 IT professionals at a time. Infosys, which has a 50-acre special economic zone in phase II of Technopark, will set up a second campus in 50 acres here.
Separately, Technopark would be developing a 50-acre campus for companies planning to set up their IT/ITES units in the Technocity campus.
SunTec Business Solutions is a home-grown company that plans to set up a campus in the 10 acres of land allotted to them.
Major educational and research institutes such as the Indian Institute of Information Technology and Management-Kerala too want to move in. Asian school of Business has its campus in phase I of Technopark, but is now in the process of setting up a facility in Technocity.
Technopark has nearly 270 companies providing direct employment to more than 37,000 IT/ITES professionals. Another 1.5 lakh are estimated to benefit indirectly.
“We have been getting enquiries from across the world seeking information on investment potential and possibilities,” says K.G. Girish Babu, Chief Executive Officer, Technopark.