Odisha CM Inaugurates EY Tech Hub in Bhubaneswar

By By Rediff Money Desk, BHUBANESWAR
Dec 11, 2023 22:16
Odisha CM Naveen Patnaik inaugurates Ernst & Young's new technology hub in Bhubaneswar, marking the company's 15th presence in India. The hub aims to foster innovation and create job opportunities in the state.
Bhubaneswar, Dec11 (PTI) Odisha Chief Minister Naveen Patnaik on Monday inaugurated the Ernst & Young new technology hub in Bhubaneswar.

Ernst & Young (EY) is a global leader in assurance, tax, strategy, transaction, and consulting services. Its new hub in Bhubaneswar is its 15th city of presence in India.

"Over the years, Odisha has scripted success stories in many spheres. It is marching ahead with renewed confidence towards a new Odisha adopting new ideas, innovation, and entrepreneurship. All these factors have become the cornerstones of our state's journey towards growth and development," Patnaik said after inaugurating the facility here.

Stating that Odisha is embracing the digital era and fostering an environment ripe for ground-breaking advancements, Patnaik said the state's growth trajectory is fuelled by a robust ecosystem that encourages entrepreneurship, technological innovation, and new age businesses.

"EY's expertise in these areas will undoubtedly add immense value to our endeavours. Opening of the EY Technology Centre marks yet another watershed moment, signifying the fast-changing IT, strategy and consulting ecosystem in the state," the chief minister said.

Echoing similar sentiments and calling EY Technology centre as the anchor organization in the ESDM & semiconductor space in the state, Odisha's Electronics & IT Department Minister TK Behera said Bhubaneswar has become hotspot for IT, ESDM and consulting companies.

The establishment of EY's office in Bhubaneswar not only signifies their confidence in Odisha's potential but also highlights the state's position as an attractive destination for investment and growth, said Manoj Kumar Mishra, principal secretary, E&IT department.

EY's technology hub in Bhubaneswar will further bolster the IT ecosystem in the state and create jobs for the youth of Odisha, he said.

"The expansion of our network of technology centres is integral to supporting the growing needs of our clients as they accelerate their business transformation journey. We are excited about the opportunities to collaborate, innovate, and contribute to the state's growth story. Our teams will utilise their capabilities throughout," said Gaurav Taneja, partner and national director – Government & Public Sector.

Bhubaneswar offers the perfect synergy as a key talent hub in the country and this centre will provide with opportunities to do impactful work for clients not just in India but across the world, said Harish Agarwal, company's managing partner, East.

With 15,000 sq-ft state-of-the-art infrastructure at O-Hub, the expanded presence of EY in Bhubaneswar will create opportunities for existing employees as well as enable the company to harness the potential talent from the technical educational ecosystem in Odisha, an official statement said.

EY India will now operate across 15 cities: Bhubaneswar, Ahmedabad, Bengaluru, Chandigarh, Chennai, Hyderabad, Jaipur, Jamshedpur, Kochi, Kolkata, Mumbai, NCR (New Delhi+ Gurgaon + Noida), and Pune.
Read More On:
eyernst & youngodishabhubaneswartechnology hubitesdmsemiconductorsnaveen patnaikodisha cminvestmentjobsgrowthinnovationdigital era
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Areca & Coconut Prices in Mangaluru - Nov 8

Get the latest areca and coconut prices in Mangaluru for November 8th. Find the price...

CAG Inaugurates Sports Complex in Ranchi

Comptroller and Auditor General of India Girish Chandra Murmu inaugurated a sports...

Bajaj Hindustan Sugar Q2 Loss Narrows, Eyes...

Bajaj Hindustan Sugar's Q2 loss narrowed to Rs 76.17 crore, driven by lower expenses...

Vedanta Posts Q2 Net Profit of Rs 4,352 cr

Vedanta Ltd reported a consolidated net profit of Rs 4,352 crore in the September 2024...

Swiggy IPO Fully Subscribed: 2.54 Times...

Swiggy's Rs 11,327 crore IPO has been fully subscribed, with QIBs oversubscribing 4.16...

Best Agrolife Launches Two New Crop Protection...

Best Agrolife receives approval for two new crop protection products, 'Shot Down' and...

India Cements Q2 Loss Widens to Rs 339 Cr -...

India Cements reports a widened net loss of Rs 339.13 crore in Q2 FY25, with revenue...

SBI Q2 Net Profit Surges 23% to Rs 19,782 Cr

SBI's consolidated net profit for Q2 FY25 jumped 23% to Rs 19,782 crore, driven by...

Manipur CM Discusses Funds with Finance Commission

Manipur CM N Biren Singh discussed effective utilization of funds with the 16th Finance...

Bridgestone Invests USD 85 mn in India for...

Bridgestone Corporation will invest USD 85 million to expand production capacity and...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com