HiLITE inks MoU with Technopark to launch IT park in Thiruvananthapuram

Technopark connected Saturday signed a Memorandum of Understanding (MoU) with HiLITE Group for mounting up their archetypal IT Park task successful Thiruvananthapuram astatine the Phase-3 field of the Technopark here. 

The ‘Yoo Hub Trivandrum’ task envisages a 5.15 lakh quadrate feet IT Park dispersed implicit 18 floors connected 1.88 acres of land.

Sandip Kumar, CEO of Technopark, and Ajil Muhammed, CEO of HiLITE Group, exchanged the MoU successful the beingness of Seeram Samabasiva Rao, Special Secretary, Department of Electronics & IT and Officer connected Special Duty to the Chief Minister.

Industries Minister P. Rajeeve said that the task is expected to make astir 4,000 nonstop IT jobs, contributing importantly to Kerala’s increasing exertion ecosystem and supporting semipermanent manufacture advancement. He said that the initiation of the task signals that the State government’s efforts to guarantee occupation opportunities to youngsters successful Kerala itself are successful the close direction.

The operation of the facility, which volition person basement-plus crushed level and 16 floors, volition statesman soon. The task is expected to beryllium completed successful 3 years.

The projected IT Park is being developed successful relation with YOO, a plan marque known for its planetary portfolio of luxury existent property and design-led developments. This marks YOO’s archetypal branded IT Park collaboration globally.