Your browser is not supported for the Live Clock Timer, please visit the Support Center for support.

Six new companies at UL Cyber Park, Kozhikode; Nine Startups to follow

CNM Business 

New jobs and growth despite the pandemic

Contributing to North Kerala’s IT sector’s accelerated growth, six more companies are starting their operations in the UL Cyber Park. Nine startups will also be settling in this state-of-the-art IT space soon.

Currently, UL Cyber Park houses 78 firms comprising 42 companies, including the new 6 entrants, and 36 startups. The nine new startups will bring the total number to 87. The new companies have also got the approval to operate in the UL Cyber Park which has special economic zone (SEZ) status.

New companies include Hyperblox India Private Limited, Telestation Private Limited, Palmtrix Technologies, IOCOD Infotech Private Limited, TECHTADD Private Limited and Aeth Analytica Ltd.

These companies focus on the latest digital and disruptive technologies operating in Telecom Services, E-Commerce, Mobile Application, Digital Marketing, Fleet Management, Software Development, Education, Healthcare, Employment Sector, Hospitality, Retail, Media, Transportation and Engineering. All of them have their customer base located in the US, Europe and the Gulf countries entirely.

Presently, there are 2046 employees working in UL Cyber Park. This includes 46 appointments by Action FI Technologies and 40 by Gritstone Technologies made during the Covid 19 pandemic. In addition, the new companies have announced hiring of 475 more IT employees within a year. They have good growth plans, matching with the consistent growth marked by the existing companies.

The UL CyberPark which generates new jobs and establishes growth over the pandemic slowdown is a subsidiary of the Uralungal Labor Contract Society (ULCCS). ULCCS is one of Asia’s largest labour contract cooperatives with an annual turnover of Rs. 1400 crores, which also made headlines for creating hundreds of jobs during the same period.

UL Cyber Park, the only IT Park in the world under the ownership of the member-labourers of a Society, led Kozhikode to the third rank in Kerala’s IT infrastructure and made it the first IT city in Malabar region of the State. The park is strategically located on the NH 17 bypass road connecting Kochi to Mumbai, with all the transport facilities close by.

More News from business

Hemalini shares a memoir

  CNM Movie Reporter Bollywood dream girl Hema Malini is all set to make a comeback with Shimla Mirchi. Meanwhile, the actor shared an early picture of her film. The picture is very specific. This photo taken by Hemalini in the guise of Goddess is now the talk of the fans. The actor says that she […]

Renji Panicker to release first look teaser of ‘Oru Canadian Diary’

CNM Movie Reporter Debut director Seema Sreekumar who is the granddaughter of poet Kunhiraman Nair,directs the movie Actor-director Renji Panicker will release the first look teaser of ‘Oru Canadian Diary’, directed by debut director Seema Sreekumar under the banner of Sreem Productions, on his official Facebook page at 6 pm on October 14. The movie’s […]

Bollywood actor Saif Ali Khan as Ravana in Prabhas movie Adipurush

Bollywood actor Saif Ali Khan will play the role of Ravana in Prabhas’ movie Adipurush, which is being prepared by Om Rout based on the Ramayana story. This is the first time Prabhas and Saif Ali Khan have teamed up. Prabhas made the announcement on his social media account. Prabhas shared the poster saying that […]

Recent News

Education

‘Metro Man’s tips for successful engineering career

November 28, 2020

Young Graduates exhorted to imbibe values.1491 students were awarded degrees in the 16th convocation of NITC. Dr. E Sreedharan urges the fresh graduates to cultivate values of punctuality,integrity, professional competence and social commitment CNM Education Reporter Punctuality, Integrity, Professional Competence and a yearning to serve the Society are the virtues required for a successful engineering career, […]

IIM Kozhikode Beats Pandemic Blues, Secures 100% summer placements for its largest batch ever

  •        With 52% women candidates and 40% non-engineering candidates, this largest cohort included the flagship PGP course and the inaugural batches of PGP Liberal Studies and Management and PGP Finance •           Season attracted participation from 144 recruiters who offered internships to 541 students with the highest stipend for two months pegged at INR 3.2 lakhs. […]

November 7, 2020

NEET UG Result; Kerala girls got two ranks; CM Pinarayi congrats winners

Ayesha’s dream is to study MBBS at AIIMS Delhi. Two Kerala girls got top ranks in the NEET UG examination 2020. Ayesha S of Koyilandi in Kozhikode secured first rank in Kerala.She got 12 rank in All India by securing  710 marks. Lulu of Nenmara in Palakakd came second with 706 marks.  Both got the results  in their second […]

October 17, 2020

More News