V.K. Mathews elected GTECH chairman

Published - June 28, 2024 06:12 pm IST - Thiruvananthapuram

V.K. Mathews who was elected chairman, GTECH.

V.K. Mathews who was elected chairman, GTECH. | Photo Credit: Special Arrangement

Sreekumar. V who has been elected secretary, GTECH.

Sreekumar. V who has been elected secretary, GTECH. | Photo Credit: Special Arrangement

V.K. Mathews, founder and executive chairman of IBS Software, has been elected chairman of the Group of Technology Companies (GTECH), the industry body of IT companies in Kerala.

Sreekumar V., centre head at Tata Elxsi Trivandrum, was elected secretary by the annual general body meeting of GTECH held here on Friday. The term of the new office-bearers runs for two years till April 2026.

The group of technology companies has as its members around 250 IT firms employing over 80% of the workforce in Kerala.

Nearly two lakh IT professionals work in the State, most of whom are based out of the three IT parks – Technopark in Trivandrum, Infopark in Cochin and Cyberpark in Kozhikode. The export revenue of the IT companies based out of these parks touched ₹20,000 crore for the financial year ending 2023.

Addressing the annual general body meeting after the declaration of the new office-bearers, Mr. Mathews said, “Over the years, GTECH has become a trade association of consequence spearheading several business and social outreach initiatives positively impacting the youth of the State and the community at large.

“The role of GTECH is to facilitate the accelerated growth of the IT industry in Kerala by promoting and supporting existing IT companies, working closely with government, handholding IT start-ups and engaging key influencers to mobilise public support for the industry. We at GTECH believe that supporting IT is supporting people as every direct employment by IT companies creates four indirect employment opportunities for the community, he said.

All major IT companies in Kerala – TCS, Infosys, Wipro, Cognizant, IBS Software, Tata Elxsi, Quest, Allianz, UST, EY – as well as medium and small companies are members of GTECH.

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