Kochi : The Lulu Cyber Towers, a flagship project of the famous Lulu Group, has become a landmark of the IT industry in Kochi. Ideally located in the Special Economic Zone (SEZ) of Infopark Phase I, this tower occupies a massive area of 7.44 acres, providing a premium working environment for professionals. The impact of Lulu Tech Park on Kochi’s economy has been nothing short of transformational. Infopark has long been a driving force behind Kerala's IT export revenue, and this growth was further accelerated with the opening of LuLu Cyber Towers. The IT park created a significant number of jobs not only in IT but also in related industries resulting in increased local employment and higher household incomes. The park’s strategic location and excellent connectivity have made it an attractive destination for global investment, and the tower’s world-class amenities have attracted numerous MNCs to Kochi. Beyond boosting IT export revenue and generating employment opportunities, the IT park has also spurred growth in related sectors such as real estate and hospitality. The influx of IT professionals and businesses has led to increased demand for housing, office spaces, and commercial properties, driving up real estate prices and stimulating development. The growing number of visitors and business travelers to Kochi has also created opportunities for the hospitality industry, including hotels, restaurants, and other tourism-related services.
The LuLu Group's mega IT complex, soon to be inaugurated on the 246-acre Smart City campus, is poised to further solidify Kochi's position as a leading IT hub. The twin towers will accommodate approximately 30,000 IT professionals, providing a significant boost to Kochi's economy and reinforcing the city's status as a premier IT destination in India.
