TCS lines up Rs 1500 crore TN expansion
Business Standard — September 12, 2006

Tata Consultancy Services (TCS) plans to invest around Rs 1,500 crore in Tamil Nadu over the next two-three years for expansion, according to S Ramadorai, chief executive officer and managing director, TCS. The company will be investing Rs 120 crore in the next 2-3 years to set up its operations in Coimbatore. It will initially be setting up its development centre with a seating capacity for 2,000 people on a five-acre campus in Coimbatore. The facility is expected to be ready in the next 18 months.

Tamil Nadu chief minister Karunanidhi handed over the land allotment documents to Ramadorai at the inauguration of the three-day ICT event - Connect 2006 - organised by CII and the government of Tamil Nadu, on Friday. Ramadorai said that he was impressed with the quality of talent pool in Coimbatore. "There is a passionate, well informed and ambitious community of people in Coimbatore," he added. TCS has already set up an engineering centre of excellence, specially for small and medium enterprises in Coimbatore.

The company is investing close to Rs 1,200 crore in its largest facility, being built in Siruseri near Chennai. This will have a seating capacity for over 23,000 people. It has also earmarked Rs 80 crore for expansion of its other facilities in Chennai. TCS has a number of development facilities including dedicated facilities such as insurance solutions centre, banking and financial services centre and IT infrastructure management and business process outsourcing solutions centre in Chennai. TCS provides services to around 20 of it top 30 clients from Chennai. TCS has over 13,000 professionals based in the the state and had announced plans to scale up the total staff strength to over 22,000 by the end of this financial year.