Paras Chandaria-led UST exploring possibilities to set up operations in Sri Lanka

UST, a leading digital transformation solutions company, headquartered in Aliso Viejo, California, United States, said it is exploring the possibility of setting up operations in Sri Lanka.  Its intention is to hire over 10,000 new employees across the globe.

With offices across 25 countries and over 35 offices, UST is a rapidly growing information technology company that provides cutting-edge digital transformation services, products, and platforms to Global 2000 and Fortune 500 enterprises worldwide. 

With over 28,000 employees worldwide, UST has dedicated software delivery centers and offices in the United States, Canada, India, Mexico, Malaysia, United Kingdom, Poland, Israel, Spain, Philippines, Singapore, Germany, and Australia.  

UST Executive Chairman Paras Chandaria and other company representatives were recently in Colombo, meeting with various stakeholders, business representatives, and Government officials.

UST’s principal shareholder Comcraft, through its investment arm, has also been successfully investing in Sri Lanka for over 40 years since early 1980s. Some of its investments include Lanka Aluminium Industries PLC and its group companies, Metecno (Pvt) Ltd, Mainetti (Pvt) Ltd, CIC Agri Business and several other companies. “We are excited to work with UST and be involved with their operations, especially in the development of human capital in the IT sector in Sri Lanka. Our IT talent is second to none with an excellent attitude and work ethic,” said Dinal Peiris, Chairman of Lanka Aluminium Industries PLC Group.

UST was recognised as the Best Place to Work in Malaysia, U.S., UK, India, and Mexico. Additionally, UST was named a Top Employer 2021 in eight countries by the Top Employers Institute (TEI).  The company was also honored with a Glassdoor Employees’ Choice Award for being one of the Top 100 Best Places to Work in 2020.