Tata Consultancy Services (TCS) and Mitsubishi Corporation have announced a new joint venture, Nippon TCS Solution Center for the Japanese market.
Nippon TCS Solution Center will offer a full service of IT, BPO and infrastructure services to Japanese corporations. TCS Japan will have 60 per cent stake with Mitsubishi Corporation will have 40 per cent stake. The new joint venture will also establish a nearshore delivery centre in Japan.
The company made this announcement during the trading hours today, 08 February 2012.