May 18, 2009
Tata Consultancy Services expands in Lucknow
New facility inaugurated
Lucknow: Tata Consultancy Services (BSE: TCS.BO, NSE: TCS.NS), the leading IT services, business solutions and outsourcing organisation, today announced the launch of a new development centre — TCS Awadh Park in Lucknow, Uttar Pradesh. The new facility was inaugurated by Atul Kumar Gupta, chief secretary, government of Uttar Pradesh, and S Ramadorai, CEO and MD, Tata Consultancy Services.
Spread over three acres of land, TCS Awadh Park is the second largest IT establishment in UP after the TCS facility in Noida. The state-of-the-art global delivery centre located in a lush green campus with a capacity of 1,500 seats is the latest addition to the company’s global network delivery model.
Commenting on the new facility, Mr Ramadorai said, “Lucknow is an integral part of the TCS’s strategy to invest in tier II cities and spread the IT revolution in the country. Lucknow has the potential to be a leader among the emerging IT destinations in India and it is this belief that has driven our strategy to invest in this area.” He added: “TCS’s expanded footprint in Lucknow should also encourage more investments in the city to help it realise its shared dream of becoming an IT-BPO.”
From Lucknow, TCS develops and implements software solutions for global corporations in countries like the USA, Canada, the UK, Singapore and South Africa. It also supports e-governance initiatives in the states of UP and Uttarakhand as well as select projects for the government of India.
The recent NASSCOM and AT Kearney’s study, on attractiveness and potential of 50 cities across India for IT-BPO operations, listed Lucknow as a 'challenger' after the top seven existing IT destinations.
As the leader in the IT industry, Tata Consultancy Services has always had a sharp focus on the domestic market with over $500 million in revenues coming from the Indian market. TCS has played a key role in building the national financial infrastructure through projects like the National Stock Exchange, NSDL, NCDEX, State Bank of India as well as for various departments of the Reserve Bank of India and the finance ministry. The MCA 21 by the ministry of company affairs, a landmark project by TCS, has been a major step to governance reforms and is a benchmark in e-governance in the country.