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UST Global to open centres in Mexico

Thiruvananthapuram,Business/Economy, Mon, 24 Sep 2012 IANS

Thiruvananthapuram, Sep 24 (IANS) IT major UST Global would set up two centres in Mexico, the company said here Monday.

The California-based information technology (IT) company is Kerala's largest IT sector employer.

Former president of Mexico Vicente Fox is the key promoter of the non-profit Centro Fox foundation facilitating UST Global's entry into Mexico.

Fox, who was present at the announcement, said UST Global's knowledge capital in IT and allied services would play a big role in strengthening Mexico's economy, create more jobs and reduce poverty.

"Through this new initiative, we expect to strengthen the Indo-Mexico synergy as this is going to improve the human capital in my country, as we are now looking to change our economy into a knowledge society too," Fox, who was the Mexican president from 2000-06, told reporters.

Sajan Pillai, CEO of UST Global, said that in three years' time they would set up a services and solutions facility in Leon in Mexico for around 10,000 professionals.

A centre to train college students was also coming up in Mexico, he said.

"Mexico is a leading engine moving the world economy together with India and China," Fox said.

He also referred to his country's presence in technology manufacturing, time zone and proximity to prime markets such as the United States (US).

Besides the US, UST Global currently operates out of Britain, Malaysia and the Philippines.

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