India’s first IT park established by a labour cooperative society opens in Nellikode

Q.  Which is the first IT park in India to be set up by a labour cooperative society and where is it located?
- Published on 24 Feb 16

a. UL Cyberpark, Kozhikode
b. UL Cyberpark, Nellikode
c. UL Cyberbark, Hyderabad
d. UL Cyberpark, Chennai

ANSWER: UL Cyberpark, Nellikode
 
The first IT park to be set up by a labour cooperative society Uralungal Labour Cooperative Society in Nellikode was inaugurated by President Pranab Mukherjee. This IT park has been constructed at the estimated cost of INR 270 crore and it will provide direct employment to 4500 persons during the first phase and indirect employment to about 20,000 persons. 6 IT companies have received approval of SEZ authority to commence operations in the park.

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