Overview
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Kerala State Information Technology Infrastructure Limited (KSITIL) is the apex public limited company formed under the Government of Kerala IT Policy for pioneering the development of IT/ITES Special Economic Zones (SEZs), IT Townships and IT Parks in the state of Kerala. Incorporated under the Companies Act, 1956, KSITIL is promoted by the Government of Kerala vide G.O (MS) No.33/07/ITD dated 12-11-2007, with its registered office at Park Centre, Technopark Campus, Kariavattom, Thiruvananthapuram.
The state Government envisages expansion of the IT industry in the state in a manner that benefits all 14 districts in the state. Unlike other states, the development in the IT sector will not be confined to one or two cities in Kerala. Instead, a hub and spoke model has been planned wherein Thiruvananthapuram, Kochi and Kozhikode will act as its hubs and the remaining districts will act as its spokes. KSITIL will be supported by Technopark, Infopark and Cyberpark at each hub for the development of the districts falling under each hub. There is a surge in demand for IT/ITES sector-specific Special Economic Zones (SEZ) in India owing to the increasing demand from global IT clients and the likely extinction of the STPI sunset clause for Income Tax exemption currently enjoyed by the export-oriented IT/ITES units. KSITIL has therefore been mandated by the Government of Kerala to be the vehicle for all IT infrastructure developments in the state in a Private Public Participation (PPP) model. KSITIL enjoys enormous advantages including preferential allocation of land for projects by the Government and obtaining necessary clearances from the Government. Presently, KSITIL has a large number of on-going IT SEZ and IT Park projects and possession of a land bank of about 400 acres.
