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PRESS RELEASE
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Kolkata, December 20, 2012: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions firm, announced that its new software development campus at Rajarhat will be functional by the end of the financial year 2014-15. The new campus spread over 40 acres of land, once completed will house over 16,500 seats and is being constructed with an investment of Rs 13500 million approximately.
The campus will be built in two phases, with the first phase to be completed in the first quarter of 2014 and the second phase by the fourth quarter of the year. In the first phase, 7,000 seats will be ready, with the remaining 9,500 seats being completed in phase two.
The Rajarhat campus will offer TCS employees a world-class and holistic work environment with facilities like amphitheater, auditorium, cafeterias, libraries and large green open spaces. The campus will house fitness facilities like tennis courts, a basketball court and a gymnasium for employees as well as temporary accommodation.
Using sustainable, local materials for construction as well as by deploying green technologies effectively across the campus, TCS will aim to get the highest LEED certification to demonstrate its effectiveness in considerably reduce the environmental footprint of the campus. Some of the salient features include the following:
S Mahalingam, Chief Financial Officer & Executive Director, TCS, said, “Our growing presence in Kolkata continues to be of strategic importance for our overall business growth. We remain committed to working in close collaboration with all stakeholders in the state to help development of local talent and provide our customers with world-class IT solutions from this location.”
Commenting on the new facility, Ajoy Mukherjee, Executive Vice President and Global Head, Human Resources, TCS, said,“The new TCS Rajarhat facility will drive the next phase of our growth in the eastern region and help us access skilled professionals and students from in and around Kolkata. Our investment will also help catalyze further development of the talent and IT ecosystem in the area.”
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 300,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $13.4 billion for year ended March 31, 2014 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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