Cabinet clears proposal for the facility on a 97-acre land in Pallipuram.
The State Cabinet on Wednesday cleared the proposal from Tata Consultancy Services (TCS) to set up an IT and digital hub on the Technocity campus in Pallipuram. The facility will be coming up in the 97-acre land taken on lease by the TCS on the Technocity campus.
The modern development facility will host engineering, product development, and IT services in manufacturing, aerospace, and defense domains. The project will focus on the latest technologies like Robotics, AI, Machine learning, data analytics, blockchain, and IoT. TCS also plans to set up an incubation center for technology startups.
K.Mohammed Y Safirulla, Additional Secretary, Electronics and Information Technology Department, told The Hindu that the decision is a boost to the IT sector in the State during the COVID-19 period.
“It was envisaged initially as a training centre for TCS. But for various reasons, it could not take off. They then evinced interest in setting up a development centre. As the challenge and the need now is job creation, we agreed on an MoU, which the Cabinet has now approved. Another positive here is that the TCS is going to focus on the latest technologies. In the first phase, which is expected to be completed within 28 months, 5,000 jobs will be generated, and when the project is completed, 20,000 jobs will be generated. Direct investment of ₹1,200 to 1,500 crore can also be expected,”
Mr.Safirulla.
He said that 7 acres out of the 97 acres will be used for setting up a facility for Tata Elxsi, the hardware arm of the group.
Sustainable campus
The campus will be developed as a sustainable one, with efficient energy, water, clean air, and waste management concepts integrated. TCS currently employs about 15,000 people in their development centers in Kerala and is the largest employer in the field of IT in Kerala.
The active presence of a reputed company like the TCS in Technocity, working in advanced areas of defense and aerospace, is expected to attract many small and big companies in these sectors to Kerala. With the opening up of defense and aerospace industry to the private sector, large investments in these sectors are expected in the future, said Mr.Safirulla
News courtesy – THE HINDU dated 4th February 2021.
Our luxury villa project, DASCO Royal Valley, Pothencode, Trivandrum is located 10 to 20 minutes drive only from Technocity, the 390 acres development https://goo.gl/maps/rJfFu3vP3k92MhKz5.
31 luxury villas are coming up in a 2 acres gated community. Please go through our website www.dascobuilder.com or whatsapp 9656 0777 44 or 9656 0333 77 for more details. We have obtained K-RERA Registration K-RERA/PRJ/126/2020. DASCO Royal valley is also approved by all leading Banks
