India’s First It Co-Operative Ul Cyber Park is Dedicated by President in Kozhikode [ Current Affairs ]

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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