Technopark's Software Export Revenue Soars to Rs 13,255 Crore in FY 2023-24

Technopark, Kerala's government-owned IT hub, reported a 14% growth in software export revenue, reaching Rs 13,255 crore for FY 2023-24. CEO Col Sanjeev Nair highlighted the contribution of top-notch infrastructure and skilled workforce. Ongoing developments aim to further expand Technopark's capabilities.

In a significant achievement, Technopark, the Kerala government-owned IT and IT enabled services hub, reported a remarkable 14% growth in software export revenue for the Financial Year 2023-24, reaching Rs 13,255 crore, authorities disclosed on Saturday.

This marks a notable increase from the Rs 11,630 crore revenue recorded in the previous fiscal year, underscoring the growth and resilience of Kerala's IT sector.

Col Sanjeev Nair (Retd), CEO of Technopark, attributed this growth to the state-of-the-art infrastructure and skilled human resources that have propelled the park to new heights. He emphasized that ongoing projects in the Phase III and IV campuses will further cement Technopark's position as a leading IT hub in India.

(With inputs from agencies.)