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Press release
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Trivandrum, September 14, 2010: Tata Consultancy Services (TCS) (BSE: TCS.BO, NSE: TCS.NS), the leading IT services, business solutions and outsourcing firm, today announced that the company was setting up a new learning and development campus in the southern city of Thiruvananthapuram (Trivandrum), Kerala. When fully complete, the new campus will accommodate up to 10,000 professionals and offer TCS’ leading edge learning curriculum to candidates joining TCS straight out of colleges.
Set over an area of 82 acres in the Technopark region of the southern city, TCS will invest Rs 10 billion on the project, which will become the company’s training center once completed.
“The 10,000-seat campus will set the global benchmark for corporate learning institutions in terms of the physical infrastructure available as well as the holistic professional and personal development programs that will be available,” said N Chandrasekaran, CEO and MD, Tata Consultancy Services. “We are delighted to expand our presence significantly in this city, where the current primary training center has been located since 1997.”
The campus infrastructure will include classrooms, auditoriums, computer laboratories, a library, cafeterias, accommodation facilities as well as recreational and shopping areas. Construction will commence in 2011-12 and is expected to be completed within 36 months from the date of commencement.
This new campus will be learning hub of the organization and will be connected to all the other satellite training facilities across the globe.
About Tata Consultancy Services Ltd (TCS)
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 160,000 of the world's best-trained IT consultants in 42 countries. The company generated consolidated revenues of over US $6.3 billion for fiscal year ended March 31, 2010 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.