What Electronics Technology Parks – Kerala (Technopark) does

Technopark (Electronics Technology Parks – Kerala) is an autonomous, Government of Kerala-owned organisation established in July 1990 that operates India's first IT park and its largest green technology park. As of 2026 it spans 768.63 acres across five phases in Thiruvananthapuram and Kollam, comprising 13.075 million sq ft of IT built-up space (including Phase I 198.43 acres / 5.61M sq ft, Phase II 86 acres SEZ, Phase III 90.02 acres with LEED Gold-certified Ganga and Yamuna buildings totalling 1M sq ft, Phase IV Technocity 389.74 acres, and Phase V Kollam 4.44 acres lakeside), hosting 540 companies and more than 84,000 employees. The underlying infrastructure includes SEZ-compliant campuses, LEED Gold-certified buildings, Miyawaki forest, solar power, rainwater harvesting, reliable power, high-speed connectivity, and shared amenities such as conference halls, exhibition spaces, a cricket ground, and an open-air auditorium.

The portfolio of products and services is built around workspace infrastructure: IT built-up space rentals (plug-and-play, warm shell, custom-built), land lease for self-development (e.g., Infosys 50 acres, UST Global 36 acres), co-working spaces for SMEs and startups, and bookable shared facilities ranging from ₹600 to ₹10,000 per slot. Adjacent offerings include a Visitor Management System (vms.technopark.in), an online ticketing/helpdesk platform, an online facility booking portal, and a Business Incubation Cell (precursor to Kerala StartUp Mission). The wider ecosystem is anchored by co-development partnerships with Embassy-Taurus (Niagara building, 1.5M sq ft of LEED-certified IT infrastructure for Fortune 100 tenants), HiLITE Group (Yoo Hub Trivandrum), and Brigade Group (World Trade Center at Phase I), supported by Digital University Kerala at Technocity and the ISO 9001:2015 / 14001:2015 / 45001:2018-certified operations.

Technopark's revenue model is a hybrid of long-term land lease, built-up space rental, and pay-as-you-go shared facility bookings, with the indirect economic value of the campus reflected in tenant IT exports of ₹13,255 crore (FY 2023-24) growing to ₹14,575 crore (FY 2024-25). The go-to-market is enterprise-focused direct sales through the Park Centre administration, supported by an online space request and queue system, targeting three primary segments: IT/ITeS companies (Infosys, UST, TCS, Accenture, SunTec, Trenser), multinational corporations seeking SEZ benefits, and startups/SMEs via co-working and KSUM incubation. Geographic expansion is in progress through Kollam (Phase V) and the QUAD integrated township at Technocity, with emerging-tech tenant acquisition (AI, quantum, space tech) being actively pursued through 2026 initiatives.

Name

Electronics Technology Parks – Kerala (Technopark)

Legal name

Electronics Technology Parks – Kerala (Technopark)

Website

https://technopark.in

Company type

Private

Founded year

1990

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Technopark is a Government of Kerala-owned IT park operating across 768.63 acres and 13.075 million sq ft of built-up space in Thiruvananthapuram and Kollam, hosting 540 companies and 84,000+ employees through IT built-up space rentals, long-term land leases, and shared facility bookings. (42 words)

Ownership category

akta.pro rank

Headquarters

HQ city

Thiruvananthapuram

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. IT Office Space Rental: Technopark generates revenue primarily through leasing IT built-up office spaces including fully furnished plug-and-play facilities, warm shell spaces for customization, and custom-built spaces. The park offers various space options across different phases with rental arrangements.
2. Land Lease: Long-term land lease arrangements for companies to develop their own facilities and campuses within the Technopark premises. Companies like Infosys (50 acres) and UST Global (36 acres) operate on leased land.
3. Shared Facility Booking: Revenue from booking shared-use facilities including convention halls (Travancore Hall, Malabar Hall, Cochin Hall), exhibition spaces, conference rooms, cricket ground, club house facilities, and open-air auditoriums.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels7 records

Core offering

Technopark is a government-promoted IT park that leases IT office space (plug-and-play, warm shell, and custom-built built-up facilities), long-term land parcels, and co-working environments across its multi-phase campus in Thiruvananthapuram and Kollam, Kerala. It also operates shared convention/exhibition venues, a visitor management system, an online ticketing/helpdesk platform, and a technology business incubation programme for startups.

Product overview

Technopark is an IT park operated by the Government of Kerala, offering a comprehensive portfolio of workspace solutions including co-working spaces, plug-and-play facilities, warm shell spaces, custom-built spaces, and land lease options for businesses of all sizes. The park provides shared facilities such as conference halls (Travancore Hall, Malabar Hall, Cochin Hall), exhibition spaces, open-air auditoriums (Sangamam), and recreational venues including cricket grounds. Additional services include a Visitor Management System, Online Ticketing System, and online facility booking platform. The ecosystem is supported by Technopark Business Incubation (TBI) and Kerala StartUp Mission (KSUM) for startup support, along with employee welfare programs including Prathidhwani, Natana Fine Arts Club, e-Waste Management, and TECHSL healthcare. The park spans five phases across Trivandrum and Kollam locations.

Differentiator

Problem solved

Functional benefit

Products and services

• IT Office Space Leasing
• Land Lease
• Co-working Spaces
• Shared Facility Booking
• Visitor Management System
• Online Ticketing System (Helpdesk)
• Technopark Business Incubation (TBI)

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and major.

• Embassy-Taurus TechZonecoreStrategic or Co-development PartnerEmbassy-Taurus TechZone is a major co-development partner for Technopark Phase III. They are developing the 'DownTown Trivandrum' flagship project spanning 60 lakh sq ft of built-up space, and have constructed the 'Niagara' IT business complex (1.5 million sq ft, IGBC LEED Certified) which serves as a hub for multinational companies including Fortune 100 businesses.
• HiLITE GroupcoreStrategic or Co-development PartnerTechnopark partnered with HiLITE Group to launch 'Yoo Hub Trivandrum' at Phase III Campus. This represents India's first YOO-Branded IT Park with a groundbreaking ceremony held to mark the occasion.
• Brigade GroupmajorStrategic or Co-development PartnerBrigade Group has laid the foundation stone for World Trade Center at Technopark Phase I, representing a significant investment in the campus infrastructure.
• Kerala IT Ecosystem PartnerscoreOthersPart of the broader Kerala IT ecosystem including Infopark, Cyberpark, Kerala Startup Mission (KSUM), KSPACE, C-DIT, Digital University Kerala, ICT Academy of Kerala, and KSITIL, all working together to promote IT growth in Kerala.
• KSITIL (Kerala State IT Infrastructure Limited)coreOthersKSITIL owns SEZ land (40 acres) at Technopark Kollam and manages IT infrastructure development across Kerala as part of the state's technology ecosystem.
• Kerala StartUp Mission (KSUM)coreStrategic or Co-development PartnerOriginally launched as Technopark's Technology Business Incubation Cell in 2006, KSUM is now a nodal agency formed by the Government of Kerala to promote entrepreneurship. It acts as a launchpad for entrepreneurs providing comprehensive support through funding, mentoring, and networking opportunities.
• Digital University KeralacoreStrategic or Co-development PartnerLocated at Technocity (Phase IV) campus, Digital University Kerala is a key academic partner for talent development and research collaboration in the technology ecosystem.
• Government of KeralacoreOthersTechnopark is promoted and fully owned by the Government of Kerala, established as an autonomous organisation in July 1990. The government provides strong backing, policy support, and SEZ regulatory framework.

Scale indicators8 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Ascendas India (CapitaLand): Ascendas operates International Tech Parks across India (Bangalore, Chennai, Hyderabad, Pune) under a similar SEZ-anchored multi-tenant IT park model. Direct comparable to Technopark in product offering and tenant profile.
• International Tech Park Limited (ITPL): ITPL Bangalore is one of India's pioneering IT/ITeS Special Economic Zone parks, comparable to Technopark as a destination technology campus hosting multinational IT firms. Operates a similar built-up-space-lease and SEZ-anchored business model.
• Mahindra World City: Integrated business city and SEZ developer with parks in Chennai and Jaipur offering plug-and-play IT infrastructure, land lease, and shared facilities. Comparable operating model to Technopark across multiple Indian geographies.
• Embassy Office Parks REIT: India's largest listed office REIT with major IT park assets including Embassy Tech Square (Bangalore) and TechZone developments. Direct comparison to Technopark given the active Embassy-Taurus co-development partnership at Technopark Phase III (DownTown Trivandrum / Niagara).
• Brigade Enterprises (Brigade Tech Park): Brigade Group operates large IT parks in Bangalore and is an active partner at Technopark Phase I (World Trade Center). Direct comparable as a developer/operator of SEZ-grade IT park infrastructure serving enterprise tenants.
• Mindspace Business Parks REIT: Listed REIT operating large-scale IT/ITeS business parks across Hyderabad, Mumbai, Pune, and Chennai. Comparable to Technopark as a multi-phase, SEZ-anchored technology park operator targeting enterprise and multinational tenants.

Regional players

• Cyberpark (Kerala Government): Kerala's third government-promoted IT park located in Kozhikode. Another state-owned peer competing for IT/ITeS tenants within Kerala, diluting the pool of regional demand available to Technopark.
• Infopark (Kerala Government): Kerala's second IT park operated by the state government in Kochi. Most direct domestic competitor to Technopark within Kerala, sharing the same government-promoter model and competing for the same regional tenant pool and talent.

Broad incumbents

• DLF Cyber City Developers: DLF's commercial real estate arm operates Cyber City (Gurgaon) and other large office campuses that compete with Technopark for multinational IT/BPO tenants. A broader incumbent with extensive portfolio across multiple Indian metros.

Emerging players

• GMR Hyderabad Airport City / Aerotropolis: GMR's Aerotropolis near Hyderabad includes planned IT/business park zones with SEZ elements. Comparable emerging competitor that combines mixed-use development with technology park real estate, though operating at a smaller scale than Technopark.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/mytechnopark
• Facebookfacebook.com/TechnoparkTrivandrum
• LinkedInlinkedin.com/company/technoparkthiruvananthapuram

Compliance9 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Electronics Technology Parks – Kerala (Technopark)