Summary:
Though, the reasons behind the move is in the domain of speculations, Nissan sources maintain that the move is to speed-up its expansion plans. Once the building is completed, the auto major will switch its base to this campus from Technopark. “Since they would be going for an expansion immediately, we understand they thought to shift to a rented campus from the current facility until permanent investment is made in Technocity,” he said. Earlier, there were reports that Nissan was upset with the state government over the delay in honouring its MoU promises. Further, switching to a rented campus doesn’t mean that the company is dropping other plans.”The company is expected to generate 3000 direct and more indirect employment opportunities in Kerala once fully expanded..