Leveraging the impressive IT growth and investment climate at InfoparkKochi, the Lulu Group has decided to invest Rs 350 crore to further develop the L&T Tech Park which they recently acquired for Rs 150 crore. #Infopark has become a perfect destination for investment. The Lulu Group, owned by NRI businessman M A Yusuf Ali, has acquired the L&T Tech Park at Infopark campus. Lulu is proposing a name change for L&T Tech Park as Lulu Tech Park Limited on ROC approval.
Currently, L&T has a four lakh sqft IT building called Tejomaya in its 7.44 acre campus at Infopark. The project, on completion, is expected to create an additional employment of 13,000 to 15,000.