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PRESS RELEASE
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Mumbai, India – March 18, 2008 — Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS) a leading IT services, business solutions and outsourcing organization, today announced the opening of its North America Delivery Center called TCS Seven Hills Park. Located in Milford, Ohio, a suburb of Cincinnati, the facility sits on 220 wooded acres and is the largest TCS facility in North America.
TCS yesterday hosted a grand opening of the new facility, which includes 200,000 square feet of office space and can accommodate up to 1,000 TCS associates, most of who will be locally hired from the region and its universities. The facility will serve as the primary software development and delivery center for North American customers. In addition, the campus will also showcase TCS Innovation Labs, customer network operations centers and briefing centers.
“Ohio prides itself on our business-friendly environment and we are always looking to increase economic opportunities for our citizens,” said Ohio Governor Ted Strickland. “TCS has been a good corporate citizen in Ohio for many years. We are excited that TCS has decided to make this significant long-term investment, making Ohio home to the newest and fastest-growing sectors of the economy."
Commenting on the new facility, S. Ramadorai, Chief Executive Officer and Managing Director of Tata Consultancy Services said, “The Cincinnati campus is a strategic investment to create an information technology eco-system in the state together with our customers and local universities. It reflects our long term commitment to customers in one of our key markets globally and will not only serve our North American customers but also help showcase innovation and our suite of offerings.” Mr. Ramadorai added, “We would like to thank Governor Strickland and his team for making this possible and helping TCS build a long-term base and become part of the local business community.”
N. Chandrasekaran, TCS’ Chief Operating Officer and Executive Director said, “After extensive research for the best location for our North American campus, we selected Cincinnati and the Ohio region as it met all our criteria in terms of proximity to customers, strong talent pool, and a significant economic base that includes 10 Fortune 500 companies. TCS Seven Hills Park is an integral part of our Global Network Delivery Model™ which includes large delivery centers in India, Latin America, China, Europe and now North America, all of them providing a quality of service and a certainty of outcome that our customers have come to expect from TCS.”
TCS has been operating in North America since 1979 when it established its first office in New York City. Today, TCS has more than 40 offices throughout North America delivering real business results to customers spanning the Fortune 1000.
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About Tata Consultancy Services
Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 108,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for the fiscal year ended 31 March, 2007 and is listed on National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.
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