Govt. of Madhya Pradesh (India) & UST Global sign MoU for investment of INR 400 Crores
UST Global commits to invest in Madhya Pradesh (India), to build own campus in 10 acre land
Aliso Viejo, California; Bhopal, MP, India – October 18th, 2016: UST Global, a leading digital solutions and technology company for Global 1000 enterprises, and the Govt. of Madhya Pradesh (India), announced the signing of a MoU (Memorandum of Understanding). The MoU was signed at a high profile investors roadshow organized by the Govt. of Madhya Pradesh (India) in New York on the 30th of Sept. 2016. The MoU was signed by Shri Shivraj Singh Chouhan, the honorable Chief Minister of Govt. of Madhya Pradesh (India) and Mr. Alexander Varghese, Chief Administrative Officer (CAO), UST Global. Mr. Sajan Pillai, Chief Executive Officer (CEO), UST Global and Mr. Dan Gupta, Chairman Emeritus, UST Global were also present.
Speaking on the occasion, Shri Shivraj Singh Chouhan, the honorable Chief Minister of Govt. of Madhya Pradesh (India), said – “This is a very welcome MoU for us. We thank UST Global for its commitment to generating employment. We are happy to be working with them. UST Global has shown interest in starting a Startup Village in their proposed campus. The group chairman was invited for the CEO Conclave and GIS 2016 on 22nd & 23rd Oct. In a recent project with us, UST Global helped us successfully conduct the largest ever online exam at a state level in India that covered approximately 10L candidates, across 14 cities and 90 colleges. The use of the right technology ensured security and transparency like never before.”
Mr. Dan Gupta, Chairman Emeritus, UST Global, said – “We thank the honorable Chief Minister and the Govt. of Madhya Pradesh (India) for providing us this opportunity. Our business continues to be committed to and passionately driven by our mission to Transform Lives”.
Mr. Sajan Pillai, Chief Executive Officer (CEO), UST Global, added –“Information Technology is the largest employment generator in the world. We are delighted to partner with the Govt. of Madhya Pradesh to create jobs and accelerate economic growth. This alliance firmly establishes our vision to be a successful business that uses technology and resources to bring about social transformation.”
Sharing key details of the MoU, Mr. Alexander Varghese, Chief Administrative Officer (CAO), UST Global, said –“We are committing to invest INR 400 Crores in Madhya Pradesh. We will be building our own campus that will be spread over an area 10 acres. Through this investment we aim to create jobs in Information Technology. We are working with governments across the world in such projects and we are proud to work with the MP Govt of India, as India has a significant number of our employees spread across 9 cities.”
About UST Global
UST Global is a digital technology services company that provides next generation digital solutions for Global 1000 companies. Our mission is to ‘Transform Lives’ using the power of digital technologies and the focus is on digital services and solutions. With a business model of ‘fewer CLIENTS, more ATTENTION’, UST Global strives for excellence in providing our clients with the best service and commitment to long-term client success. Headquartered in Aliso Viejo, California, UST Global has over 15,000 associates operating in 25 countries across four continents.
For more information please visit www.ust-global.com
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Manoj M Mani