Kerala IT expansion: ₹600 crore Kozhikode tower, 2 lakh jobs by 2030

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Kerala IT expansion: ₹600 crore Kozhikode tower, 2 lakh jobs by 2030

Synopsis

Kerala is making its boldest geographic IT bet yet — a ₹600 crore Grade-A tower at Cyberpark Kozhikode that could create over 10,000 jobs, paired with fresh capacity at Technopark Thiruvananthapuram. Chief Minister Satheesan is targeting 50 million sq ft of IT space and two lakh jobs by 2030, a push that would rewrite Malabar's economic identity.

Key Takeaways

A ₹600 crore Grade-A IT tower is being built at Cyberpark, Kozhikode , covering nine lakh sq ft across 2.5 acres .
The Kozhikode project is expected to create more than 10,000 direct IT jobs and is to be completed within two years .
Satheesan targets 50 million sq ft of IT space statewide by 2030 , with approximately two lakh jobs .
Technopark Phase III in Thiruvananthapuram is adding two lakh sq ft of prefabricated IT office space with a 15-month completion window.
Technopark Phase III currently hosts 540 companies and 84,000 professionals across 13.147 million sq ft .
A private group has committed to developing 12 million sq ft of office space across Kerala over the coming years.

Kerala's IT sector is on the cusp of a significant geographic and economic expansion, with major investments being anchored simultaneously in Kozhikode in the north and Thiruvananthapuram in the south, signalling a deliberate state-level push to build multiple technology hubs rather than depend on a handful of established centres.

The Kozhikode Cyberpark Tower

The most prominent catalyst in this expansion is a ₹600 crore commercial tower being developed at Cyberpark, Kozhikode. Spread across 2.5 acres with nine lakh sq ft of built-up area, the Grade-A facility is designed to host multinational corporations, high-growth start-ups, and research and development centres. The project is expected to generate more than 10,000 direct IT jobs and is targeted for completion within two years. It forms part of a private group's wider plan to develop 12 million sq ft of office space across Kerala over the coming years.

What the Government Said

Chief Minister V.D. Satheesan, who performed the groundbreaking ceremony, said the government's goal was for Kozhikode to emerge as a major IT destination alongside Thiruvananthapuram and Kochi. He added that projects covering around 50 million sq ft were expected to be completed by 2030, potentially generating approximately two lakh jobs statewide. Industries, IT and AI Minister P.K. Kunhalikutty said Kozhikode was poised to follow the path of Technopark and Infopark and establish itself as a major technology hub for the Malabar region.

Technopark's Phase III Expansion in Thiruvananthapuram

At the southern end of the state, Technopark is preparing to add a further two lakh sq ft of IT office space at its Phase III campus. The campus authority has floated e-tenders for the design and construction of a prefabricated IT office building on a design-and-build basis, with a completion period of 15 months. Technopark Phase III currently spans 90.02 acres, houses 540 companies, employs approximately 84,000 professionals, and already carries 13.147 million sq ft of IT built-up space — making the additional capacity an incremental but meaningful step.

A Broader Shift in Kerala's IT Geography

The twin expansions point to a structural change in how Kerala is approaching technology-led growth. For years, the state's IT economy was concentrated around Thiruvananthapuram's Technopark and Kochi's Infopark. The emergence of Kozhikode as a third anchor could give the Malabar region — historically less integrated into the state's technology economy — a new economic engine. Notably, the push combines Grade-A private infrastructure with state facilitation, a model that has driven IT cluster growth in Hyderabad and Bengaluru. Whether Kerala can replicate that scale will depend on talent pipelines, connectivity, and the sustained flow of MNC interest into a market still proving itself on the national IT map.

What Comes Next

With the Cyberpark tower on a two-year completion timeline and Technopark's prefabricated block due in 15 months, tangible capacity additions are expected well before the 2030 target horizon. Industry observers will watch whether the anchor private investment in Kozhikode attracts secondary tenants and whether the state can deliver the infrastructure — road, metro, and digital — required to make the hub competitive for global technology firms.

Point of View

But the Kozhikode bet is the one to watch — it is far easier to expand an established hub like Technopark than to build a new one from scratch in a region without deep IT pedigree. The ₹600 crore anchor investment signals private confidence, but confidence needs follow-through: secondary tenants, MNC interest, and state investment in physical and digital connectivity will determine whether Kozhikode becomes a genuine third pole or a well-intentioned outlier. The 2030 two-lakh-jobs target is large enough to matter and vague enough to escape scrutiny — Kerala needs a credible, publicly tracked milestone framework if this expansion is to be held accountable.
NationPress
5 Oct 2026

Frequently Asked Questions

What is the ₹600 crore Cyberpark tower in Kozhikode?
It is a Grade-A IT commercial tower being constructed at Cyberpark, Kozhikode, covering nine lakh sq ft across 2.5 acres at an investment of ₹600 crore. The facility is designed to host multinational companies, start-ups, and R&D centres, and is expected to create over 10,000 direct IT jobs within two years of completion.
What is Kerala's IT job target by 2030?
Chief Minister V.D. Satheesan has said projects covering around 50 million sq ft are expected to be completed by 2030, potentially generating approximately two lakh jobs across the state's technology sector.
What is being added to Technopark in Thiruvananthapuram?
Technopark is adding two lakh sq ft of prefabricated IT office space at its Phase III campus in Thiruvananthapuram, with a 15-month completion period. The Phase III campus currently spans 90.02 acres and employs around 84,000 IT professionals across 540 companies.
Why is Kozhikode being developed as an IT hub?
Kozhikode is being positioned as a major IT destination to extend Kerala's technology economy into the Malabar region, which has historically been less integrated into the state's IT growth story. Industries, IT and AI Minister P.K. Kunhalikutty said Kozhikode was on track to follow the path of Technopark and Infopark.
How does this expansion change Kerala's IT landscape?
The simultaneous investments in Kozhikode and Thiruvananthapuram signal a shift from concentration in a few established centres to the creation of multiple technology hubs across the state. A private group also has broader plans to develop 12 million sq ft of office space across Kerala, which analysts say could make the state more competitive for global technology firms.
Nation Press
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