Saturday, December 17, 2011: Infopark Kochi, which is on a growth trajectory, is expected to create more than five times the number of existing jobs in the next seven years.The park, which was set up in 2004, now houses 104 IT and related companies in IT complexes spread over 34 lakh sq.ft. “The job opportunities offered by the park will go up from the existing 15,000 to more than 80,000 by 2018,” Infopark Kochi chief executive officer Gigo Joseph said.
Infopark has registered almost a four-fold growth in software exports during the last five years.
The increase in returns through exports from Rs.247.05 crore in 2007-08 fiscal to Rs.900 crore during the last fiscal stands testimony to this growth. Also, the total built-up space offered by IT buildings leapfrogged from 5.30 lakh sq.ft to 34 lakh sq.ft, Joseph said.
The first phase of Infopark in 82 acres and 32 acres in the upcoming second phase had received Special Economic Zone (SEZ) status. SEZ notification for 67 acres in the second phase is expected soon. The Cherthala Infopark, set up under the hub and spoke model development of Infopark Kochi, already had its 60 acres declared as SEZ.
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