Tata Consultancy Services Ltd.

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Large Cap | IT - Software
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Tata Consultancy Services comes up with new campus in Rajarhat

Date: 05-01-2012

Tata Consultancy Services (TCS), the country's largest software exporter is coming up with new campus of 40 acres at the satellite township of Rajarhat, near Kolkata. The campus will employ nearly 16,000 people. The company already has its owned and leased properties in the city.

Construction work has been delayed due to requisite clearances including building sanction plans from the authorities. The land had been allotted to the TCS during the tenure of the erstwhile Left Front government. The West Bengal Government has reportedly asked the IT major to speed up work on its campus.

Recently, TCS had added 200 customers for its cloud-based solution for small businesses, iON, which was launched last year.  iON uses cloud computing technology to deliver on-demand services to small and medium businesses. By the end of 2011, the company had targeted 1,000 clients and expects revenues from the product to cross the $1 billion mark in five years.