Sun Feb 22 14:10:19 UTC 2026: ### Headline: Technopark and HiLITE Group Partner for New IT Park in Thiruvananthapuram

The Story:
Technopark and HiLITE Group signed a Memorandum of Understanding (MoU) on Saturday, February 22, 2026, to establish HiLITE Group’s first IT Park project in Thiruvananthapuram. The ‘Yoo Hub Trivandrum’ project will be located at the Phase-3 campus of Technopark and will encompass 5.15 lakh square feet spread across 18 floors on 1.88 acres of land. Construction is slated to begin soon and is expected to be completed within three years.

The project is projected to generate approximately 4,000 direct IT jobs, significantly boosting Kerala’s technology sector. This initiative aligns with the State government’s objective to create more local employment opportunities. The IT Park is being developed in association with YOO, a design brand known for luxury real estate. This is YOO’s first branded IT Park collaboration globally.

Key Points:

  • Date: February 22, 2026
  • Parties Involved: Technopark, HiLITE Group, YOO
  • Project Name: Yoo Hub Trivandrum
  • Location: Technopark Phase-3 campus, Thiruvananthapuram
  • Size: 5.15 lakh square feet, 18 floors, 1.88 acres
  • Job Creation: Approximately 4,000 direct IT jobs
  • Expected Completion: Three years from the start of construction

Key Takeaways:

  • The establishment of the ‘Yoo Hub Trivandrum’ IT Park signifies a significant investment in Kerala’s technology infrastructure.
  • The project is expected to boost local employment opportunities, aligning with the state government’s strategic goals.
  • The collaboration with YOO brings a global brand to the project, indicating a focus on high-quality design and development.

Impact Analysis:

The development of the Yoo Hub Trivandrum IT Park has several potential long-term impacts:

  • Economic Growth: The creation of 4,000 direct IT jobs will likely stimulate economic growth in the Thiruvananthapuram region and contribute to Kerala’s overall GDP.
  • Talent Attraction: A modern, design-led IT Park can attract skilled IT professionals from across India and potentially internationally, bolstering the local talent pool.
  • Industry Advancement: The project can foster innovation and collaboration within the IT sector, contributing to long-term industry advancement in Kerala.
  • Real Estate Development: The IT park’s success could spur further real estate development in the Technopark area, attracting related businesses and services.

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