THIRUVANANTHAPURAM: Tata Consultancy Services (TCS) is setting up a development centre at Technopark and a state-of-the-art training facility at Technocity.
Sources in the IT Department said that the State Government had allotted 26 acres of land at Technopark to TCS to set up the facility way back in 2005. However, TCS had not made any constructions so far. Hence, the Government has now raised it as a condition for allotting land for setting up the training facility, sources in the IT Department said.
Addressing a function held here on Tuesday to formally allot 82 acres of land to TCS for the training centre, Chief Minister V S Achuthanandan said that the State Government expected TCS to set up the training centre within the stipulated time. It is mentioned in the Government Order allotting land to the TCS that the construction works should start within 12 months. TCS will be setting up the development centre on the 26 acres of land adjacent to the existing training centre at Technopark. It will be the second development centre of TCS in the State after the one in Kochi.
Global training centre
TCS has also decided to develop the proposed training centre at Technocity as its global hub training centre.
TCS Chief Executive Officer N Chandrasekaran said that once the new training centre comes up, expected to be completed in 36 months, it would be made the global corporate training centre and all the existing training centres in various parts of the country would be made satellite centres.
There will be training facilities and other modern amenities for 10,000 professionals at the new centre.
The 82 acres of land at Technocity has been allotted to TCS on a 90-year lease with an initial down payment of ` 75.25 crore and an annual lease of ` 25,000 per acre.
The State Government and TCS will sign a memorandum of understanding for the project soon.
IT Principal Secretary Ajay Kumar, Technopark Chief Executive Of ficer Mervin Alexander and other top officials of TCS and Technopark were also present on the occasion.