Thiruvananthapuram: Minister of Industry P Rajeeve informed the Assembly on Thursday that the Major IT Tata Consultation Service has agreed to invest RS 600 Crore in the state.
“They have raised interest in investing in Kinfra Electronic and manufacturing clusters in Kochi in Kochi.
It has been decided to sign a memorandum of understanding for this soon.
They have agreed to set up campus for it and it allows services here,” said the Minister.
They, in the completion of two phases of the project in five years, it will provide a direct job for 20,000 people.
Apart from this, V-Guard has agreed to establish an electronic laboratory, test lab, and reliability lab in KINFRA Park in Kochi.
With unit settings This unit, direct work for 800 people will be sure.
V-Guard will invest RS 120 Crore for this, the Minister said.
Lulu Group has agreed to invest in an electronic warehouse unit in the Kinfra Apparel Park in the capital.
This project is expected to provide jobs for 850 People, he said.
He further added that fair exports have agreed to invest RS 200 Crore in Ernakulam Technology Park.
Rajeeve said the number of micro, small and medium enterprises in the state has doubled in the past five years.
TNN.