TCS to bring up Rs. 1,500-cr training centre in Kerela

VARINDIA- INDIA'S FRONTLINE IT MAGAZINE

TCS to bring up Rs. 1,500-cr training centre in Kerela TCS to set up a mega learning centre at Thiruvananthapuram. This however, is a substantial investment from Kerela's IT sector as the Global Learning centre is worth Rs. 1,500 crore. The learning centre will come up at the Technocity.

Kerela IT Department officials said that a lease deed of 83 acres of land was signed and TCS has made the initial down payment of Rs. 75.25 crore. TCS director and CFO, S Mahalingam said the centre would train and accomodate 15, 000 employes at any time. He said the company would have a grand and landmark campus at the Technocity.

Technopark CEO Mervin Alexender said this was the biggest land deed signed in the history of Technopark, and that construction would begin within 12 months and is expected to be completed in 48 months. At the same time, TCS is expected to commence construction of its development centre at the technopark Phase- I SEZ.

TCS has a long term accociation with Technopark since 1994 when the company bought 2 acres of land to set up its corporate training facility and expanded this by acquiring 12 acres more.

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