Indian Institute of Space Science and Technology

Envisioned to fulfill the shortfall in scientist and engineers at ISRO, by offering undergraduate and postgraduate education in Space Science and Technology and Post Graduate and research programmes in Space Science and Technology and integrated Masters in Space Science. The institute started functioning from the Vikram Sarabhai Space Centre (VSSC) campus, Thiruvananthapuram, on September 14, 2007 with an initial investment of Indian Rupee ₹ 270 crores and annual recurring cost of Indian Rupee ₹ 40 crores by the Union Government, thus the entire expenses of the course is supported by ISRO in the form of scholarships or assistantships, and successful students would be subsequently absorbed into ISRO itself.[4][5] It is the only institute of its kind in India, which imparts B.Tech. in Space Technology, and subjects suitable the requirements of ISRO.[6][7]

On 14 July 2008, the Union Human Resource Development Ministry, on the advice of the University Grants Commission (UGC), conferred deemed university status, under de novo category to the institute for a period of five year.[8][9]

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Technopark is currently on an expansion mode by adding another 37 hectares as part of Phase III expansion and 450 acres (1.8 km2) as Technocity—an integrated IT township near Pallippuram. The policy of economic liberalisation initiated by the government of India in 1991 and the rapid growth of the global software industry during the 1990s substantially contributed to its growth. As of late 2009, Technopark accounts for about 75% of IT exports from Kerala.[2][3]


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