UST Global signs MoU with Government of MP, will invest Rs 400cr in the state to build its own campus
UST Global, a leading digital solutions and technology company for Global 1000 enterprises, has signed an MoU (Memorandum of Understanding) with the Govt. of Madhya Pradesh. As a part of the deal, UST Global will invest Rs 400 crore in Madhya Pradesh to build its campus, which is set to be spread over an area of 10 acres.
Sharing the details of the MoU, Alexander Varghese, Chief Administrative Officer (CAO), UST Global, said
"Through this investment, we aim to create jobs in Information Technology. We are working with governments across the world in such projects, and we are proud to work with the MP Government in India, as India has a significant number of our employees spread across nine cities.”
UST Global provides next generation digital solutions for Global 1000 companies. Headquartered in Aliso Viejo, California, UST Global has over 15,000 associates operating in 25 countries across four continents.
Shivraj Singh Chouhan, Chief Minister of Madhya Pradesh, said, “We thank UST Global for their commitment to generating employment. UST Global has shown interest in starting a Startup Village in their proposed campus. The group chairman was invited for the CEO Conclave and GIS 2016 on 22nd and 23rd Oct.”
He further added that UST Global, in a recent project, helped the MP Government successfully conduct the largest ever online exam at a state level in India, which covered approximately 10 lakh candidates across 14 cities and 90 colleges.
Sajan Pillai, CEO, UST Global, added, “Information Technology is the largest employment generator in the world. We are delighted to partner with the Govt. of Madhya Pradesh to create jobs and accelerate economic growth. This alliance firmly establishes our vision to be a successful business that uses technology and resources to bring about social transformation.”
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