Technopark Software Exports Increase by 173% to ₹17,092 Crore in FY26

Technopark Reports 17.3% Increase in Software Exports for FY26, Reaching ₹17,092 Crore

Technopark, a prominent IT park located in Thiruvananthapuram, has announced a remarkable growth in software exports, achieving ₹17,092 crore for the fiscal year 2026. This represents a significant increase of 17.3% compared to the previous year.

The growth in exports can be attributed to several factors, including the expansion of IT services in the region and increased demand for software solutions across various sectors. Technopark is home to over 400 companies, providing a robust ecosystem that fosters innovation and technological advancement.

Significantly, this upswing reflects a broader trend in the Indian IT industry, which has seen a continuous increase in global demand, particularly in areas such as cloud computing, artificial intelligence, and cybersecurity.

According to industry analysts, Technopark is poised for further growth in the coming years, with initiatives aimed at enhancing infrastructure and attracting talent. The Kerala state government has also been actively promoting the region as a hub for technology and innovation.

As a result, officials are optimistic that Technopark will continue to contribute significantly to the economic development of the region, creating job opportunities and promoting entrepreneurship within the tech sector.