Technopark logs ₹17,092 cr software exports in 2025–26, up 17.3%
Synopsis
India's first IT park, Thiruvananthapuram's Technopark, has clocked ₹17,092 crore in software exports in 2025–26 — a 17.3% surge that stands out against global tech spending headwinds. With Phase III and Phase IV expansions underway and a growing startup cluster on campus, Kerala is quietly building a serious second act in Indian IT.
Key Takeaways
Technopark recorded software export revenue of ₹17,092 crore in 2025–26 , up 17.3% year-on-year.
Export revenue grew by ₹2,517 crore over the ₹14,575 crore posted in 2024–25 .
The campus spans 768.63 acres and hosts 540 IT and ITES companies across 13.147 million sq ft of built-up space.
Around 84,000 direct jobs and over two lakh indirect jobs are supported by the park.
Development of Phase III and Phase IV campuses is underway to expand capacity further.
Thiruvananthapuram's Technopark, India's first IT park, posted software export revenue of ₹17,092 crore ($1.78 billion) in 2025–26, marking a year-on-year growth of 17.3%, according to official figures released on Thursday, 24 September 2026. The latest figures represent an addition of ₹2,517 crore over the ₹14,575 crore recorded in 2024–25.
What Drove the Growth
Technopark Chief Executive Officer Sandeep Kumar attributed the performance to the resilience of Kerala's IT ecosystem. 'The robust growth in software exports from Technopark stands as a testament to the strength of the dynamic IT ecosystem of Keralam,' he said in a statement. Kumar also noted that several companies operating out of the campus received national and international recognition during the year for business growth, innovation, and workplace excellence.
Scale and Infrastructure
Spread across 768.63 acres, Technopark currently hosts 540 IT and IT-enabled services companies within 13.147 million sq ft of built-up space. The campus directly employs around 84,000 people and supports more than two lakh indirect jobs, underlining its importance as an economic anchor for Kerala's technology sector. Opened in the mid-nineties as part of the state's first IT corridor along the National Highway stretching from Kazhakkoottam to Kovalam, the park has expanded considerably over the decades.
Expansion Plans and Startup Push
The ongoing development of Technopark's Phase III and Phase IV campuses is expected to further scale its capacity and reinforce its standing among India's top IT hubs. Kumar additionally highlighted that the campus has emerged as a significant node within Kerala's growing startup ecosystem, strengthening the state's positioning as an IT destination beyond established multinationals and mid-size exporters.
Broader Context
This comes amid continued policy focus by successive Kerala governments on IT infrastructure and talent development. Notably, the 17.3% export growth outpaces several other state-level IT clusters that have reported modest single-digit gains amid global technology spending caution. The results also arrive at a time when India's overall software services exports have faced headwinds from muted discretionary technology budgets in key markets such as the United States and Europe, making Technopark's performance comparatively strong. The completion of Phase III and Phase IV expansions will be a key milestone to watch as the park looks to consolidate and grow its export footprint further.
Point of View
And several Indian tech clusters have reported tepid numbers. Technopark's performance suggests that second-tier IT hubs with strong talent pipelines and lower real-estate costs can outgrow legacy metros during demand cycles that favour cost optimisation. The real question is whether the Phase III and Phase IV expansions, when complete, attract new-generation clients in AI, cloud, and deep tech — or simply house the same BPO and software services mix that has defined the campus for three decades. Kerala's startup push adds an interesting variable, but startup ecosystems rarely move the export needle in the short term. Sustained double-digit export growth will require deliberate moves to upgrade the value chain, not just add square footage.
NationPress
24 Sept 2026
Frequently Asked Questions
What is Technopark in Thiruvananthapuram?
Technopark is India's first IT park, established in the mid-nineties in Thiruvananthapuram, Kerala, as part of the state's first IT corridor along the National Highway from Kazhakkoottam to Kovalam. It spans 768.63 acres and currently hosts 540 IT and IT-enabled services companies.
How much did Technopark's software exports grow in 2025–26?
Technopark recorded software export revenue of ₹17,092 crore in 2025–26, a year-on-year growth of 17.3% from ₹14,575 crore in 2024–25 — an increase of ₹2,517 crore, according to official figures.
How many jobs does Technopark support?
Technopark supports around 84,000 direct jobs and over two lakh indirect jobs, making it one of Kerala's largest employment hubs in the technology sector.
What are Technopark's expansion plans?
Technopark is currently developing its Phase III and Phase IV campuses, which are expected to increase its capacity and strengthen its position among India's top IT hubs. No specific completion timeline was officially stated.
Why is Technopark's 17.3% export growth significant?
The 17.3% growth is significant because it comes amid muted global technology spending in key export markets like the United States and Europe, where many Indian IT clusters have reported slower growth. It highlights Kerala's IT ecosystem as a competitive destination backed by skilled talent and expanding infrastructure.
