United States-based information technology company UST on September 30 said its upcoming Kochi campus will help create more than 3,000 jobs in the next five years.
The company currently employs more than 2,800 people at its existing facility in Kochi.
The foundation stone for UST’s new Kochi campus, which will be built on a sprawling nine-acre land at Infopark Kochi Phase 2, was laid, by Krishna Sudheendra, Chief Executive Officer, UST, the company said in a release.
The 10-storeyed and 4,400-seater campus in Kochi will be completed in three years. It will be UST's second-owned campus in India after Thiruvananthapuram.
Sudheendra said that the new campus will not only strengthen UST’s presence in the region but also attract more clients and create new work opportunities.
Kochi boasts of advanced infrastructure, a large and highly skilled workforce, and a supportive business environment, the company said. With the aim of having its own campus in the city, UST had started the pre-construction work before the coronavirus pandemic.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!