The Government of Kerala has allotted 42 acres of land for the InfoPark. Currently, InfoPark possesses 30 acres of land for the development. The plot that was given to set up the InfoPark earlier housed the Madura Coats factory. InfoPark has planned three phases of development. The Phase I of InfoPark was launched by Kerala Chief Minister, V. S. Achuthanandan on 10 October 2009 with 12 medium-sized companies and an office space of. The Phase II of InfoPark was inaugurated on 8 January 2010, were another was added. The construction of new multistory building has been inaugurated by Chief Minister of Kerala, Ommen Chandy on 8 September 2012. Infopark Thrissur was also granted the Special Economic Zone Status by the Ministry of Commerce, Government of India in 2014 for 18 acres of land wherein the new Multi-storied IT Block ‘INDEEVARAM’ is located. In the Phase III and final phase, Government is planning to develop the 25 acres of InfoPark as a Special Economic Zone were 2-lakh-sqft building will be constructed. The new upcoming campus consisting of a multistory building, with more than two lakh square feetbuilt up area got Special economic zone status from government of Indiain July 2014. The remaining land in the SEZ will be leased out to IT companies and co-developers for developing their own campuses. It is said that when the InfoPark becomes fully operational, it will have a built-up area of around. The campus have food court, shared services and amenities, cafeteria, banks, ATM, utility stores, etc. are also available.The nearest major city next to Koratty Infopark is Chalakudy.
Employment & Companies
29 companies are working in Infopark Thrissur campus in its First phase as on 17 March 2016.and around 700 people are employed. The Initial phase of the campus opened up opportunities for Start-ups and Small Medium Businesses. SMB companies like Nuvento, QBurst, Feathersoft Info Pvt Ltd, Glitz IT Solutions, EXAR Software Research, Wazeefa1 Technologies Private Limited and startups like IGOOZ, Abbys, SandsLab, Storybox, GreenEd Multimedia, Sahrdaya Infoteck, SandsLab, Squad Technologies, Braddock Infotech, Strands Energy, FineLab Web Services a Division of WBpro LLC, Cent Technologies, Infoprism Solutions, Bharthi Yashloyd, Pepperpot Systems & Solutions Pvt Ltd etc., are the present companies functioning at InfoPark. The park now houses companies that are into software development, animation and multimedia, web designing, BPOs, and IT finishing schools. The park has a direct employment potential 4,000 IT workers upon the completion of the ongoing ‘INDEEVARAM’ project.
Indeevaram
The First Multi-storeyed IT building of the campus is named as ‘INDEEVARAM’, means Blue Lotus. The Building is located in 6 acres of lush greenery at the Special Economic Zone area of the campus. Total Built-up area is 3.3 lakhs sq.ft with floors from Basement to 6th apart from the terrace floor reserved for Food Courts and other amenities. The Building was inaugurated by the Hon’ble Chief Minister of Kerala, Shri. Oommen Chandy on 21 January 2016.
