UST Global, a US-based IT services company, is planning to invest $100 million (around Rs 500 crore) over the next 36 months in India. Mike Zerkel, general manage UST Global, said the company would use the amount for setting up a campus at Thiruvananthapuram in Kerala. The proposed facility would accommodate 8,000 to 10,000 people. The company is looking at a hub and spoke model whereby the Thiruvanthapuram facility would be the hub, while Chennai and Kochi facilities would be spokes.
The company has signed a letter of intent for setting up a 40,000 sft facility in Kochi and planning to employ around 800 people. In Chennai, it has a 1,000-seat capacity campus where 800 people are currently employed.
Tuesday, June 23, 2009
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment