India’s First It Co-Operative Ul Cyber Park is Dedicated by President in Kozhikode [ Current Affairs ]
India’s first co-operative society in Information Technology (IT) sector UL Cyber Park has been dedicated by President Pranab Mukherjee in Kozhikode, Kerala. A labour cooperative society, Uralungal Labour Contract Cooperative Society (ULCCS) has jointly make effort to set up IT Park.
- It Park is located at Nellikode in Kozhikode district in around 25 acre land and build at the estimated cost of Rs. 270 crore rupees.
- At the first phase of the project 4, 500 persons will expected to get direct employment.
- This park will export IT solutions and products to US and Europe which is observing a turnover of Rs. 500 crore in the next five years.
About Uralungal Labour Contract Cooperative Society (ULCCS):
In 1925 ULCCS cooperative was launched at Vadakara in Kozhikode district by 14 members with an original investment of 37 paisa.
In 2012Techno park-based UL Technology Solutions (ULTS) was set up.
It offers IT solutions in the domain areas such as:
- Global Information Systems,
- Health Care,
- Enterprise Resource Planning,
- Business Intelligence and
- Analytic etc.
ULCCS is declared as an “Accredited Agency” by Kerala State Government to undertake works directly without tender procedure.
- Published on: February 29, 2016