The latest IT
destination in Kerala's Kozhikode is targeting a record 50,000 jobs
which will have expertise in "disruptive technologies" in their 32 lakh
square feet Cyber Park expected to be ready by 2025, a top official
attached to the UL Cyber Park said on Tuesday.
UL Cyber Park is
part of the Uralungal Group which has diversified from its original
business of construction and infrastructure into information technology
(IT) through UL technology solutions (ULTS) and UL CyberPark.
to IANS, Raveendran Kasthuri, who heads ULTS, said that the target is
easily achievable and for it they have already signed up with leading
institutions in Delhi, Karnataka and a few others.
"In today's IT
domain, the biggest potential lies in disruptive technologies, which
has unbelievable opportunities. For this we have already signed up an
'industry-institution collaboration' with leading institutions. Besides,
we will have our own training facility, which has already begun," said
Kasthuri, who quit IBM after three decades to return to his home state
with the intent to take one of the country's most literate states to
Disruptive technologies include block chain,
internet of things (IT) besides AI and data analytics, which, according
to Kasthuri, is going to change the entire IT scenario.
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
by 2025, with a projected work force of over 50,000.
Elaborating, Kasthuri said that Kozhikode every year sees around 2.5 lakh graduates passing out from its various colleges.
to studies that have now come out, 8 million new jobs will be there for
the taking in the world by 2023 and the biggest advantage India has is
that it has the biggest population below 30 years age and that's our
target...to equip them in these areas of IT," said Kasthuri.
already have recruited the first batch of 150 graduates, of which 50
per cent hail from the Malabar area and the rest from across the
country. In three years time in our IT company (ULTS) alone we plan to
have 2,000 graduates, who for an year will be agiven stipend and after
completion of the training, would get regular salary," added Kasthuri.
Uralungal group's parent company is the Uralungal Labour Contract
Co-operative Society (ULCCS) Ltd, formed in 1925, which was started by
the labourers as a cooperative society catering to the needs of the
lower strata in northern Kerala.
ULCCS, today, is among the
largest workers' cooperatives in Asia and is the first choice for
construction and infrastructure development, besides being one of the
most trusted brands for on or before-time delivery of projects without
compromising on quality.