Quantum jump in software exports from Kozhikode IT parks
The Hindu
Exports from Kozhikode are mainly to Gulf, European countries and US markets
Despite the shutdowns and restrictions for normal operations due to the pandemic, information technology export from Kozhikode has witnessed a quantum jump when compared to previous years.
The government Cyberpark and UL Cyberpark, the two major IT parks spearheading the IT revolution in the Malabar region, have the lion’s share of the export growth, a press release said here.
Software exports from the companies of government Cyberpark have increased from ₹14.76 crore in 2019-20 to ₹26.16 crore in 2020-21. The park, which started with four companies in 2014-15, now has 64 IT and ITES companies and around 1,000 employees.
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