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TCS to invest Rs 600 crore: Industries Investment plans for Lulu Group and V Guard

Thiruvananthapuram: Industries Minister P Rajeev has knowledgeable the Meeting that Tata Consultancy Companies, one of many world’s main IT corporations, has agreed to take a position Rs 600 crore in Kerala. The brand new funding challenge is in Kakkanad KINFRA Digital and Manufacturing Cluster. The MoU can be signed quickly.

TCS plans to have an IT, ITES and information processing campus. When the second section of improvement of `600 crore is accomplished, it’s going to present employment to twenty,000 folks in 5 to seven years.

Land has been allotted at Kinfra EMC Lab for V Guard’s Digital Lab, Testing Lab and Reliability Lab challenge. With an funding of `120 crore, 800 jobs can be created.

Lulu Group will arrange an digital warehouse unit at Kinfra Attire Park, Thiruvananthapuram. With the completion of the Rs 700 lakh challenge, 850 jobs can be created.

Meals Processing Unit can be arrange at Honest Exports Ernakulam Hello-Tech Park. Replying to a query, P Rajeev stated that this can be a Rs 200 crore challenge.

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