Technopark is a technology park which is dedicated for IT ventures. It is located in Thiruvananthapuram district. It was established in 1990 and is the first and largest technology park in India currently. According to present records, the space area of Technopark is 450,000 square metres and has about 180 companies providing employment to more than 25,000 professionals. Technopark is still expanding their area for Phase III by acquiring extra 37 hectares of land. Similarly, to develop an IT township near Pallipuram about 450 acres are acquired. Around 70% of IT exports of Kerala are from Technopark.
The different firms in Technopark include joint ventures, domestic firms and subsidiaries of foreign companies. All these firms are engaged in various activities like smart card technology, enterprise resource planning (ERP), software design, engineering and development, IT Enabled Services (ITES), re-engineering, animation and e-business and various other processes. Out of the many companies in Technopark, around 50 are world-class companies that are engaged in various IT and ITES processes and offers a good opportunity to choose from. There are companies which come under the category CMM Level 5, CMM Level 3 and ISO certified companies.
Technopark comes under the Government of Kerala and is owned and administered by the government. There is a Chief Executive Officer who is the head, a Governing Council and a Program Implementation Board who are the top officials of the government. All the main administrative offices are in the Park Centre building.