UST Global, a Kerala-based provider of end-to-end IT services and BPO solutions, is adopting the hub-and-spoke model to expand its presence in Kerala and Tamil Nadu. |
According to Sajan Pillai, president and COO, UST Global, the company would soon set up centres across tier-II and tier-III towns of Kerala and Tamil Nadu as per the plan. |
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"The centre in Thiruvananthapuram would act as the hub, with the proposed centres in different smaller towns being the spokes. The idea of bringing jobs to where the talented professionals are will materialise with the realisation of this plan," he said. |
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UST Global, which has 42 Fortune 500 companies in its client list, will also have its exclusive campus in a few years. This would be in addition to its current centre at the Technopark campus. The ground-breaking ceremony of the $130-million campus, which will come up adjacent to the Technopark, will be held on October 24, 2007. |
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"The campus will be set up in three phases. While the first phase of the project would involve an investment of $60 million, $40 million and $30 million will be infused in the second and third phases respectively. The first phase of the 36-acre campus, which has already been accorded approval by the Technopark authorities, will be completed by the first quarter of 2009, and we expect the campus to be fully operational by the first quarter of 2011, Pillai said. |
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The new campus as well as the expansion plans have spurred the company to go in for a massive recruitment drive, which has been kicked off. The company's existing facility at Technopark currently houses 3,000-odd professionals. Close to 6,000 professionals would be required additionally as and when the new campus comes up. |
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UST Global has also lined up plans to go public by the first quarter of 2009, if the conditions are conducive at that time, Pillai said. |
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Stating that a new centre will also be opened at Kochi in the beginning of next month, Pillai said the centre would employ 300 professionals initially. The number will be scaled up to 2,000 in two years' time, he added. |
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