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Prime Minister Narendra Modi laid the foundation stone of Digital Science Park in Thiruvananthapuram. Digital Science Park is envisaged as a key research facility to develop digital products and services by industry and business units in collaboration with the academia. As a third generation Science Park, the Digital Science Park will house common facilities to support development of products in the area of Industry 4.0 Technologies like AI, Data Analytics, Cyber Security, Smart Materials etc. The state of the art basic infrastructure will support high end applied research by industries and co-development of products in association with the Universities. Initial investment for Phase-1 of the project is around Rs. 200 crore while the total project outlay has been estimated at around Rs.1515 Crore.