31-Oct-2024 11:24 PM
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Thiruvananthapuram, Oct 31 (Reporter) Kerala Minister for Industries Coir & Law, P Rajeeve, on Thursday inaugurated the new office of Trasna -- an Ireland-based semiconductor providing company at Kabani building, Technopark Phase IV, becoming Kerala’s first semiconductor facility.
Speaking on the occasion, the Minister said Trasna's choice to locate a key facility here marked a paradigm shift in the industrial ecosystem of Kerala, enabled by the upfront policy initiatives of the state government.
“A reverse migration is happening in Kerala right now, as many international companies are opening offices and manufacturing facilities in the newly rejuvenated industrial landscape of the state, opening immense opportunities for our skilled workforce within the state itself,” said Rajeeve.
“Our skilled workforce is in high demand and the global companies that have started functioning here are onboarding employees from the state itself, which is why we are focusing on knowledge-based industries,” he added.
“With Trasna starting their new manufacturing facility in Technopark Phase IV, it can act as an anchor industry in this sector to attract more companies to the state,” noted the Minister.
The company will closely work with India Semiconductor Mission - an initiative of the central government to develop semiconductor ecosystem in the country.
“We are starting our operations in two weeks’ time. We plan to make semiconductor chips out of Kerala and our team will work closely with Digital University of Kerala for this process. We will start research and development wing and also a manufacturing facility in coming years,” said Stephane Fund, Group CEO, Trasna Technologies Solutions.
Trasna is expected to create at least 500 jobs initially. While its permanent campus is under development, the company will work in a temporary facility at Kabani building by setting up labs...////...