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PRESS RELEASE
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Beijing November 17, 2008 — Tata Consultancy Services (TCS), (BSE: TCS.BO, NSE: TCS.NS) a leading IT services, business solutions and outsourcing organization, today announced the inauguration of its latest Global Delivery Center in Tianjin. The 300 seat delivery center at Tianjin is TCS China’s fourth global delivery center in China after Beijing, Shanghai and Hangzhou.
The Tianjin center will support local business opportunities as well as Business Process Outsourcing (BPO) opportunities for the Japanese, US and European market. This is in line with Tianjin’s ambition to become a world class hub for global BPO operations.
TCS also announced that it had established its first office in Shenzhen targeting the booming South China market to tap local, regional and global business opportunities.
Girija Pande, Executive Vice President and Head, Asia Pacific Operations, Tata Consultancy Services said, “The Tianjin and Shenzhen facilities are strategic investments to strengthen our information technology infrastructure in order to leverage the local talent pool. These facilities will help us service the vibrant local market and support our international operations in Japan, US and Europe. This also reiterates our long term commitment to developing China as a strategic location in our off shoring and outsourcing value proposition.” He added “The Tianjin delivery center is an integral part of our Global Network Delivery Model™ which includes large delivery centers in India, Latin America, North America, Europe, all of them providing a quality of service and a certainty of outcome that our customers have come to expect from TCS.”
TCS continues to hire talented engineers and IT professionals from the region and its universities, strengthening its existing base of over 1,300 employees in China. The Tianjin facility will also serve as a extended Center of Excellence for Microsoft, Oracle and SAP to meet the unique technology needs of the customers. TCS has established Oracle and SAP center of excellence in Hangzhou and Shanghai
With its first branch established in China back in July 2002, TCS was the first Indian IT company to begin operations in China. Since then TCS has continued to pursue opportunities in the China market and has integrated itself into China’s development. TCS China can offer a unique value proposition of near shore, multilingual IT services delivery & quality to Manufacturing, Telecom, BFSI, Transportation and Retail organizations in China.
TCS provides best in class IT services to 30 large customers from financial sector, manufacturing, telecommunications, and government sectors in China. TCS operations based in the Hangzhou Binjiang Hi-Tech Industry Development Zone have been awarded the 2007 Hangzhou Best HR Award for its excellence in HR practices and Best Performing Company Award by the District Personnel Bureau of the Hangzhou Hi-tech Industry Development Zone.
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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 120,000 of the world's best trained IT consultants in 42 countries. The Company generated consolidated revenues of US $5.7 billion for fiscal year ended 31 March, 2008 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.