Tata Elxsi, amongst the world's leading design and technology service providers, announced its new technology development center in Thiruvananthapuram, in the Special Economic Zone of Kinfra Film & Video Park, Kazhakkuttom, Kerala.
This new center is an independent LEED-certified green building comprising 9 floors, providing state-of-the-art labs for EV, Connected Car, OTT, 5G, and Digital technologies, and seating for over 2000 technologists and engineers.
At the handover ceremony in Trivandrum today, Sri. P. Rajeev, Hon'ble Minister for Industries, Law, and Coir, said, “The 9-storey, 2.17 lakh sq ft. building at Kazhakkuttom KINFRA Park is being handed over to Tata Elxsi to accelerate innovation and R&D projects in Kerala. Tata Elxsi has been among the first companies to establish a tech presence in Kerala, and this 75 Cr. project will expand its footprint and create direct and indirect employment for 4000 people."
“Tata Elxsi has been the employer of choice for dedicated engineers who want to challenge themselves with technology, digital and next-gen product engineering, and build rewarding careers. Our centers in Thiruvananthapuram have fostered outstanding engineers and technologists who are now working with us on projects around the globe, from the United Kingdom to the United States and Japan. We encourage engineering talent from across the country to join us at this new center and help create products and services of the future in automotive, media, telecom, and consumer electronics." said Mr. M. Thangarajan, COO Tata Elxsi.
Shares of Tata Elxsi Limited was last trading in BSE at Rs. 7843.80 as compared to the previous close of Rs. 8010.65. The total number of shares traded during the day was 49752 in over 11442 trades.
The stock hit an intraday high of Rs. 8220.00 and intraday low of 7811.00. The net turnover during the day was Rs. 397522482.00.