India’s Prime Minister Narendra Modi visits TCS All-Women Centre in Riyadh on maiden trip to Kingdom of Saudi Arabia
TCS’ Unique Technology Services Centre employs over 1,000 local women and helps to drive local job creation and strengthen economic diversification
Saudi Arabia| Mumbai, April 3, 2016: Tata Consultancy Services (TCS), (BSE: 532540, NSE: TCS) a leading global IT services, consulting and business solutions organization, today announced that the Hon’ble Prime Minister Narendra Modi visited the TCS All-Women Centre in Riyadh during his two-day bilateral visit to Saudi Arabia to discuss key regional and bilateral issues including trade.
The Hon’ble Prime Minister was welcomed by Cyrus Mistry, Chairman, Tata group and N Chandrasekaran, CEO and MD, TCS, amidst thunderous applause and cheering from the assembled 1000+ women professionals at the Centre.
TCS established the first all-women technology services centre in Riyadh, Saudi Arabia in 2013 with a business model unique to the region. Today it has scaled to a 1,000 women and consists of 85% Saudi women professionals who provide Business Process and IT services to global clients. The TCS All-Women Centre provides specialised finance and accounting, human resources, materials supply and IT services.
The Centre which provides career opportunities for women in the region has become a rich training ground for building new capabilities and careers for women in the country. Established to initially serve Saudi Aramco and GE as anchor clients, the TCS All Women Centre now has expanded to serve other institutions in the Kingdom and global clients.
Engaging with the women professionals at the Centre, the Hon’ble Prime Minister Narendra Modi said, “It was wonderful interacting with all these talented women IT professionals who represent the glory of Saudi Arabia. The energetic atmosphere that I witnessed here today sends a strong message to the rest of the world. I congratulate TCS for their efforts in training talent in India and globally and making tomorrow’s professionals equipped for the digital world”.
“It was an honour to host the Hon’ble Prime Minister of India, Narendra Modi at our Riyadh centre, where he had an occasion to visit this unique facility and interact with our employees. The two countries have always enjoyed a strong partnership and we are happy to promote economic and business ties further through innovation and human talent development in Saudia Arabia,” said N. Chandrasekaran, CEO and MD, TCS.
TCS and GE founded the TCS All-Women Centre as a pioneering initiative in 2013 with 76% and 24% equity in the new venture respectively. The Centre also works with leading Saudi universities and educational institutes to build specialized training programs which help drive job creation and employment opportunities for women in the Kingdom. The TCS All-Women Centre recently celebrated its second anniversary as well as the milestone of hiring 1,000 highly skilled women.
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 344,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $15.5 billion for year ended March 31, 2015 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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