India’s largest IT services provider, Tata Consultancy Services (TCS), is investing Rs 1,000 crore to set up a training campus in Kerala housing 10,000 professionals. Construction will commence in 2011-12 and be completed in three years. TCS is the second IT firm to set up such a facility after Bangalore-based Infosys Technologies inaugurated its campus in Mysore last year.
The TCS campus, set in 82 acres in Thiruvananthanpuram, will have classrooms, auditoria, computer laboratories, a library, cafeterias, accommodation facilities as well as recreational and shopping areas. The firm has had a 2,000-seat primary training centre in the city since 1997.
The headcount at TCS touched 160,429 at the end of FY10. Of this, it hired 8,429 trainees (campus hires). For FY11, the firm plans to hire around 40,000 employees (an increase of 10,000 over its earlier projection). According to the firm's June 30 announcement, 14,425 offers were made in Q4 FY10, taking its total offers to 20,050.crackcrack