The company has already acquired 7.5 acres of land for this purpose.
Integral to the Cordiant IT Research Park would be Cordiant Innovation Center (Incubation Space) for young entrepreneurs and also Turn-key lab space for industry peers.
Cordiant IT Research Park would also work closely with select educational institutions in the region to improve the overall industry-relevance of their study programmes.
The development of the Park would take place in phases, first of which is expected to be completed in 2012. Work on the project is expected to start after all the regulatory approvals have been obtained.
An integral part of the Cordiant IT Research Park would be industry-specific Finishing Schools set up in partnership with other companies and industry associations.
“In spite of an early start, the state of Kerala has lagged behind its southern neighbours in Information Technology investments. However, there are several factors which make the state a far better investment location for IT than at any other time in its history. We are committed to making a humble contribution towards making it all happen here”, said Dennis Paul, Founder, President and CEO of Cordiant Technologies.
“Our current thinking is to promote this Park as a non-profit. It is most likely that we will go that route”, he added.

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