• Chief Minister inaugurated the Commencement of Construction of first multi-storied IT Building at Infopark-Koratty
• The First spoke campus of Infopark Kochi at Koratty is coming up with a state of the art IT building of 3  lakh sq.ft  that will generate employment for over 2500 professionals

Thrissur (Koratty), September 08, 2012: Marking the speedy growth of the satellite campus of Infopark Kochi, a new building of three lakh sq.ft is coming up in the second phase of Infopark Koratty. Chief Minister Oommen Chandy inaugurated the construction work of the first multi-storied IT Building. Shri. P. K. Kunhalikutty Minister for Industries and IT (Presidential Address);  Shri. K. P. Dhanapalan M.P (Keynote Address); Shri. B. D. Devassy MLA (Welcome Speech); Shri. P. H. Kurian IAS, Principal Secretary-IT (Report Presentation); Infopark CEO, Gigo Joseph (Vote of Thanks) and other officials were present at the function.

While expressing anxiety over the Gulf expatriates who have to leave their family and toil in another country for a livelihood, Chief Minister Ooman Chandy said that “IT is a key sector which can create maximum job opportunities in the State. As far as this sector in the State is concerned, Kerala has to take a giant leap in order to compete with other States.” The government is aiming at creating jobs for skilled IT professionals within five years so that the talent pool can be maximum utilized for the development of the State. The new building at Koratty Infopark would be completed within 18 months.

“Koratty Infopark has tremendous potential to attract major IT Companies to its premises due to its proximity and connectivity from the financial capital of the State, Kochi”, Industries and IT Minister, P.K. Kunhalikutty said.

Shri. P H Kurian IAS, Principal Secretary-IT at the event said, “Infopark Koratty has been one of the fastest established IT spoke in Kerala and in this short span has made a great success. This is a big instance of Govt. of Kerala’s effort in promoting the entrepreneurial society of Kerala as the IT Policy speaks. With this new building coming up, we see Koratty to be expanding to provide employment opportunities to over 2500 IT/ITES professionals and the park will definitely bring in positive changes to Koratty and Thrissur.”

Started in 2009 Koratty is the biggest example of the acceptance of an IT Park in the tier II towns of Kerala and this is considered as a remarkable achievement of Kerala IT. The park has been set up in Villas and is the first of its own kind design in India.

Infopark got the 30 acres of land with some old dilapidated buildings in January 2009 and innovatively the park authorities decided to launch the campus by renovating those buildings to suit the IT environment. Today over 30 companies are operational from this park with nearly 600 professionals working.

“The expansion of Infopark Koratty shows the acceptance as well as how well an IT park can grow in tier II towns of Kerala. The first phase of the park was completely occupied in the first year of operation and now the second phase is also getting completed. The park’s proximity to Kochi and the International airport along with green ambience it provides has been a decisive factor for SMEs to set up shop. We are still getting a lot of interests from companies to open office in Koratty and with the new building, the park is poised for an excellent growth thus proving to be one of the most successful hub and spoke model in Kerala.” Infopark CEO, Gigo Joseph said.