Infoparks Kerala is delighted to join hands with its co-developer Caspian Techparks India Pvt Ltd to announce "Polaris", a new IT/ITES infrastructure project to be developed in 1.31 acres of Non-SEZ land in Infopark Kochi Phase 2.

The handover of the land's lease agreement was held at Thiruvananthapuram, as an initiative under the Kerala Government's 100-day programme. The ceremony was attended by the government officials- P K Kunhalikutty, Minister for Industries & IT; V P Sajeendran, MLA of Kunnathunad; and Seeram Sambasiva Rao, Special Secretary of Electronics & IT Department. The lease agreement was signed by Susanth Kurunthil, CEO of Infopark, and Thomas Chacko, MD of Caspian Techparks India Pvt Ltd.

"Polaris", according to Caspian Techparks, will be a ₹150 crore-project with 17-storeys and 2.19 lakh sq.ft built-up area, expected to generate more than 1,500 direct employment opportunities upon completion in three years. The new project is in addition to the co-developer's two IT buildings already in operation at the Non-SEZ land in Infopark Kochi Phase 2.

Other dignitaries in the ceremony include Sandip Kumar IAS, CEO of Technopark; Rajesh Kumar M, Additional Secretary of E&IT Department and MD of KITFRA; senior officials from the E&IT department, Infopark, Technopark and Caspian Techparks.

Infopark believes that the project would strengthen Kochi's IT ecosystem and attract more companies to open spaces and Global Capability Centres [GCCs] in Kerala.