Leading IT services provider Tata Consultancy Services (TCS) has committed to invest Rs 690 crore to establish an Innovation Park in Kochi, providing a significant boost to the Kerala government’s efforts to attract investment.
TCS Ltd has been granted 36.84 acres of land by the state government for the establishment of an Electronics Hardware & IT/ITES facility in the KINFRA Electronics Manufacturing Cluster in Kakkanad, Kochi.
An official release stated that a Memorandum of Understanding (MoU) in this respect was signed here on Friday in the presence of Chief Minister Pinarayi Vijayan and Industries Minister P Rajeev.