SumSam
March 18th, 2008, 04:33 PM
TCS opens 1000-seat development centre in US (http://economictimes.indiatimes.com/TCS_opens_1000-seat_development_centre_in_US/articleshow/2878386.cms)
MUMBAI: Tata Consultancy Services Ltd, India's top software exporter, said on Tuesday it had set up its first delivery centre in the United States to serve its dominant North American clients.
The facility, near Cincinnati, Ohio, will be its primary software development and delivery centre for North America, and can hold 1,000 employees, "most of whom will be locally hired from the region and its universities", TCS said in a statement.
"It reflects our long-term commitment to customers in one of our key markets globally," Chief Executive S Ramadorai said in the statement. TCS has also been beefing up its presence in emerging markets including Latin America and Eastern Europe amid fears of a recession in its key US market.
Cost and wage differentials must have dropped enough for them to consider setting up shop in the US. :thinking
MUMBAI: Tata Consultancy Services Ltd, India's top software exporter, said on Tuesday it had set up its first delivery centre in the United States to serve its dominant North American clients.
The facility, near Cincinnati, Ohio, will be its primary software development and delivery centre for North America, and can hold 1,000 employees, "most of whom will be locally hired from the region and its universities", TCS said in a statement.
"It reflects our long-term commitment to customers in one of our key markets globally," Chief Executive S Ramadorai said in the statement. TCS has also been beefing up its presence in emerging markets including Latin America and Eastern Europe amid fears of a recession in its key US market.
Cost and wage differentials must have dropped enough for them to consider setting up shop in the US. :thinking