TCS to set up software development campus in Indore’s “Super Corridor”
Chief Minister Shri Shivraj Singh Chouhan lays the foundation stone
Indore, India, August 10, 2013: Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced that it will set up a software development campus in Indore, Madhya Pradesh, with an investment of Rs. 500 crores in two phases.
The TCS Indore campus will be located in the SEZ Area allotted by the Madhya Pradesh government. The Hon’ble Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan was present to preside over this occasion and laid the foundation stone for Phase I at a ceremony held at the site of the campus today. He was joined by other dignitaries from the city.
N Chandrasekaran, Chief Executive Officer and Managing Director, TCS, said, “Indore is among the fastest growing cities in India by virtue of its business ecosystem and infrastructure development. The city has a good potential to transform into a knowledge hub. TCS’ investment will further boost the economy of the state by nurturing the development of talent and re-instilling inclusive growth. We are committed to working in harmony with all the stakeholders in the state to provide high-end solutions to our customers from this location.”
“On behalf of TCS, I would like to thank the Hon’ble Chief Minister of Madhya Pradesh for making time for this auspicious function. We would not have been able to commence this project without the help of the Madhya Pradesh government officials whose energy and commitment to this project has helped make it a reality,” he added.
Hon’ble Chief Minister of Madhya Pradesh, Shri Shivraj Singh Chouhan, said, “We welcome Tata Consultancy Services to set up its campus in Indore focused on IT and BPO services. Madhya Pradesh is among the fastest growing states in India in terms of GDP today, which reinforces our intent to provide the best-in-class infrastructure, jobs and business opportunities to the people of the state. We are certain that TCS’ entry into the state will open new avenues for economic development of the state.”
The world-class TCS campus will comprise software engineering blocks, training facilities, amphitheatre and other facilities to offer a holistic environment for knowledge professionals. Sprinkled with water bodies and green areas, the park will incorporate several green building concepts such as zero discharge, energy efficient systems, rain water harvesting systems and integrated building management systems.
About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™,recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 285,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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