TCS to set up large software development campus in Nagpur
The TCS Nagpur Campus will be built in two phases with Phase 1 containing 8,200 seats for IT services and BPO services.
The TCS Nagpur Campus will be located on a 54-acre property in the Mihan SEZ on the city's outskirts. The Hon'ble Chief Minister of Maharashtra, Shrl Prithviraj Chavan was present to preside over this occasion and laid the foundation stone for Phase 1 at a ceremony held at the site of the campus today. He was Joined by other dignitaries from the city.
Once the two phases are completed, the state-of-the-art TCS Campus will house 16,000 associates in the facility built with a strong environment-friendly design. Apart from world-class offices, the TCS Campus will have customer collaboration centers, cafeterias, gymnasiums and outdoor sports facilities to offer a holistic environment to knowledge professionals.
Mr. N. Chandrasekaran, Chief Executive Officer and Managing Director said; "Nagpur has the potential to become the next big hub for knowledge-based industries like IT and engineering with Its strong eco-system of universities, talented people and infrastructure. After Mumbai and Pune where we employ over 40,000 people, we are delighted to be part the IT revolution in Nagpur. Our growing presence in Maharashtra continues to be of strategic importance for our overall business growth and we remain committed to working in close collaboration with the all stakeholders in the state to help development of local talent and provide our customers with the world-class IT solutions from this location."
Mr Chandrasekaran added: "On behalf of TCS, I would like to thank the Hon'ble Chief Minister of Maharashtra for making time for this auspicious function. We would not have been able to commence this project without the help of the Maharashtra government officials including MADC officials in Nagpur whose energy and commitment to this project has helped make it a reality."
The TCS Nagpur Campus will be built in two phases with Phase 1 containing 8,200 seats for IT services and BPO services. Phase 2 will be of a similar size. Built with locally sourced materials and with an eye on sustainabillty, the campus will encompass water conservation and energy saving features and will be a zero-discharge facility.
Get Top 500 Company Research from acclaimed IIFL Research Team...Click Here!!!
India Infoline Research Team / 10:47, Aug 24, 2015
In spite of massive improvement in CV demand, standalone revenues for Banco Products Ltd registered muted performance with sales at Rs. 113cr in Q1 FY16.