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TCS bullish on China, to start JV with Microsoft: Ramadorai
The Free Press
Journal September 26, 2005
Tata
Consultancy Services is bullish on China and the strategic
partnership it has forged with the Chinese government
and Microsoft to provide IT outsourcing services and
solutions to be operationalised early next year to scale
up the company's operations, S Ramadorai, CEO and MD
of the Indian software giant said. Ramadorai, who is
here, heading a high-level NASSCOM delegation of CEOs
to China, said that the TCS-Sino-India Cooperative Office
(SICO)-Microsoft venture is expected to start functioning
in first quarter of 2006.
"The whole idea is how to you scale it up and how
do you take our operations in China forward," Ramadorai
told PTI. The joint venture to be located in Beijing's
Zhongguancun Software Park, will provide IT outsourcing
services and solutions to all major world-wide markets
particularly US, Europe and the Asia Pacific region
including China's domestic market. The key objective
of the global initiative is to build the new venture
as a role-model for the growing Chinese software industry,
he said.
"We believe in long-term commitment to the Chinese
market," he said while noting that TCS has been
operating in China since 2002 and delivering services
and solutions to its global, regional, and domestic
customers from its Global Delivery Centre at Hangzhou
with the help of over 250 engineers. TCS has also set
up a 100 per cent owned subsidiary called Tata Information
Technology (Shanghai) Co Ltd, for its China operations
which is based in the eastern metropolis, Shanghai.
On India-China cooperation in the IT sector, Ramadorai
said the two Asian giants represent two of the fastest-growing
economies in the world and their e-business ambitions
are intersecting.
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