Brigade Enterprises Limited — Important, 13-01-2025: Updates

Brigade Enterprises Limited has entered into a Memorandum of Understanding (MoU) with Technopark to develop a World Trade Center (WTC) in Thiruvananthapuram, aiming to construct approximately 1.5 million sq. ft. of infrastructure, including a business hotel. This initiative is expected to attract IT MNCs and provide 'Grade A' office space, generating direct and indirect employment for over 10,000 people.

Brigade is also expanding its WTC in Kochi Infopark, now enhancing its IT infrastructure to over a million sq. ft. The company plans an overall investment of around Rs. 1,500 crore in Kerala, underscoring a positive outlook for regional economic growth and increased opportunities for stakeholders.