Tata Consultancy Services (TCS) has announced a new learning and development campus at the upcoming Technocity in Thiruvananthanpuram. This is after Kerala government offered 82 acre on a 99 year old lease to the company.
This would make TCS the single largest land holder (on lease) among all the IT players in Kerala. As per the lease terms, the company is to pay Rs 25,000 per year per acre to the state government as rent.
?Civil work will get going next year and the campus would be complete in 36 months,? N Chandrasekharan, CEO & MD, TCS said, after receiving the permit papers from chief minister VS Achuthanandan.
The new Rs 1000-crore campus will house up to 10,000 professionals. It will offer TCS’s curriculum to those who join the company after a college education, according to him.
The new campus is envisaged as the learning hub of the organisation and will be connected with other satellite training facilities across the globe, the statement said.
?The 10,000-seat campus will set the global benchmark for corporate learning institutions in terms of physical infrastructure available. It will also run holistic professional and personal development programmes,? Chandrasekaran said.
TCS training centre had been located in Thiruvananthapuram since 1997. However, it is the first time since then that the company is expanding its presence in Kerala. Kerala IT has been in demand for training sessions which combines weekend getaways to scenic holiday spots.