Uralungal Cyber Park officials say their IT division will create a record 50,000 jobs which will have expertise in “disruptive technologies” in their 32 lakh square feet Cyber Park expected to be operational by 2025, reports Live Mint.
UL Cyber Park is part of the Uralungal Group which has diversified into information technology (IT) through UL technology solutions (ULTS) and UL CyberPark.
A source is quoted saying UL Cyber park has signed up with leading institutions in Delhi, Karnataka and some others.
The ULTS Cyber Park has more than 2,000 employees working in 72 IT companies and the final construction would see 32 lakh square feet space when ready b with a work force of over 50,000.
ULCCS formed in 1925 was started by laborers as a cooperative society catering to the needs of the lower strata in Kerala.