Thiruvananthapuram, Oct 20 (UNI) About 20 new Information Technology Companies came to Kerala to start their operations in the state.

Along with this, five existing companies have also asked for more space as part of their expansion plans.

"With the advent of new companies, more than 300 new job opportunities were created. It is expected that within 100 days, 500 new jobs will be created in Technopark, Trivandrum, 1,000 in Infopark, Kochi, and 125 in Cyberpark, Kozhikode," a release said here on Tuesday.



Technocity building complex, Technopark Phase-III building, Brigade group projects in Technocity, Technopark Phase I, and Infopark were some of the new projects of Lulu group in the IT sector.

Winwish, a company currently operating in the Technopark, has decided to build its own campus in one acre with an investment of Rs 100 crore.

More companies have evinced interest in coming to Kerala and discussions on this are in progress, the release said.



The development activities in the IT sector in the state have also accelerated. The government is constructing a two lakh sq ft building in Technocity at a cost of Rs 100 crore and it will be commissioned in December this year.

The completed Koratty Infopark and IBS's IT campus will be operational by next year. The work on the Caspian Technology Park, Media System India Solutions and Plug n Play Business Office at Kozhikode Cyberpark is also in progress.



In the post-Covid scenario, IT companies are shifting to a hybrid working system where they combine work from home and work from the office. Currently, IT Parks are staffed by 5-10% of employees only.

The new method allows companies to achieve up to 85% productivity. According to the companies, 20% of employees will continue to work from home even after Covid.

IT Parks in the State employ about 1.10 lakh people. About 3.30 lakh indirect employment opportunities were generated through these parks.

UNI DS CS 1521