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February 9, 1999

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Kerala to set up Rs 300 million IT school

Email this story to a friend. A school of information technology and management is being set up in Thiruvananthapuram with an investment of Rs 300 million, Kerala Industries Minister Suseela Gopalan has told the state assembly.

Replying to questions, she said the government is also exploring possibilities of private-sector participation in constructing new buildings for the proposed Technopark in the city for which the state government has already spent Rs 700 million.

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She said she is not aware of reports that Thiruvananthapuram was dropped from the list of the proposed IT network that is to connect four southern state capitals.

Though she attended the meeting at Madras in which the decision to form a network was taken, she was not officially informed about any change in it, she said.

Keltron: Gopalan said the government is not against making Keltron the state's premier public-sector undertaking into a nodal agency for software technology development.

He said that it could be considered only after the revival package to save the company is worked out. Currently, Keltron is incurring a loss of Rs 25 million every month.

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