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n what is billed as the biggest land deal in the history of Kerala‘s infotech sector,Tata Consultancy Services (TCS) Wednesday signed a lease deed for 82 acres of land worth Rs.1,500 crore here.

The company has paid Rs.75.25 crore as the initial down payment for the land in the Technocity project.

TCS will invest Rs.1,500 crore in the project coming up near the Technopark campus.  TCS bags Rs 85 cr project from Indian Bank

The deed was signed on behalf of TCS by S. Mahalingam, director and CFO, at a ceremony held at Park Centre, Technopark.

‘Our global learning centre here will train and accommodate 15,000 employees at any point of time. We are planning an iconic and landmark campus in India with an estimated investment of Rs.1,500 crore,’ said Mahalingam.

 

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