P Rajeev, Minister for Industries, Law and Coir in Kerala at the inauguration ceremony. Credits: @PRajeevOfficial via X.

India-based EY Global Delivery Services (GDS), part of the UK-based Ernst & Young Global Ltd (EY), has launched a new office in Kochi, India. The new office, located at the Prestige Cyber Green business park, is the company’s fourth facility in the city.

This move strategically expands EY GDS’s regional operations, focusing on leveraging Kerala’s talent pool and environment of innovation.

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Ajay Anand, global vice chair of EY GDS, highlighted that the expansion reflected the company’s “commitment to tapping into Kerala’s rich talent reservoir.”

“This strategic expansion aims to foster innovation, create new opportunities, and propel sustainable growth. With its dynamic business environment and skilled professionals, Kochi is an ideal backdrop for this growth chapter,” he added.

Kerala Industries Minister P Rajeev remarked that the new venture reaffirmed the state’s position as a “thriving hub for innovation and talent.”

“The presence of EY GDS here will drive job creation, foster skill development, and contribute significantly to the state’s digital transformation journey,” he added.

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With over 10,000 employees in Kerala, including 7,000 in Kochi and 3,000 in Thiruvananthapuram, EY GDS plans to double its workforce in the state during the next five years.

This adds to the growing list of investments made in Kerala by Fujifilm, Ainsurtech, and Allianz Technology, amongst others. Furthermore, Kerala was the top-ranked state in India in ‘Ease of Doing Business Reforms’, according to the Union Ministry of Commerce and Industries.