McKinsey to open operations in Technopark

Monday, 24 February 2003, 08:00 Hrs
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THIRUVANANTHAPURAM: Visual Graphics Computing Services India, a wholly owned subsidiary of McKinsey & Company, is setting up its second India operation centre in Kerala's Technopark here.

The unit will be set up and headed by Michael Kockemann, senior director of Visual Graphics in India. An agreement to this effect was signed Monday between N. Ramji, director of Visual Graphics, and Rajiv Vasudevan, CEO of Technopark.

Visual Graphics shall lease 11,000 sq. ft. in Gayathri Building in Technopark and start operations at the earliest. It now operates out of its facility in Tidel Park, Chennai, where it employs approximately 300 professionals.

Minister for IT and Industries P.K. Kunhalikutty said: "With the world's pre-eminent management consultancy firm investing in Kerala, it can be said without doubt that Kerala has arrived on the IT scene as India's hot new investment destination. McKinsey's decision comes in the wake of Infosys' announcement that it will invest in Kerala and Allianz Cornhill's decision to enter Technopark."

Visual Graphics is engaged in the development and application of graphics software and special templates for the production of visual communication material like graphics, charts, exhibits, overhead transparencies, on-screen animated presentations, and multi-media products for McKinsey's global offices.

McKinsey is one of the world's leading management consultancy firms. Its clients include 100 of the top 150 global companies, touching every major industry.

Technopark, an autonomous society promoted by the Kerala government, is India's first technology park and among the two largest IT parks in the country today.

Spread over 156 acres, Technopark hosts around 55 tech companies and several ISO 9000 certified companies, employing over 5,000 IT professionals.

The list of firms working at Technopark include Ernst & Young, Allianz Cornhill Insurance, Tata Elxsi, U.S. Software, NeST, IBS, Hays BPO, Suntec and Toonz.
Source: IANS
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