Financial Daily from THE HINDU group of publications
Thursday, Jan 24, 2002
Corporate - New Projects
TCS to expand Hyderabad operations; recruit more
HYDERABAD, Jan. 23
TATA Consultancy Services, the country's largest IT services enterprise, is expanding its Hyderabad operations by moving over to a new facility while creating its own modern technology campus at Madhapur.
The new centre, a 30,000 sq ft facility, will complement its business strategy, its advanced technology centre, and focus on emerging technologies particularly the niche bioinformatics, computer security and telecom spheres.
The Executive Vice-President of TCS, Head of Bioinformatics, Dr M. Vidhyasagar, said TCS was taking the lead in initiating a world-class bioinformatics practice, which will be run out of the advanced technology centre in Hyderabad. TCS has already entered into a MoU with the Hyderabad-based Centre for DNA Fingerprinting and Diagnostics for collaborative research.
The Executive Vice-President of TCS, Mr S. Mahalingam, said, "The extent of work has gone up and Hyderabad is one of the six major centres for TCS. We have steadily expanded and are now about 19,000 professionals.''
The company, which has acquired a 11-acre site at Madhapur opposite the Cyber Gateway in Hitec City, plans to develop a new campus which will have a 2.3 lakh sq ft of constructed space to house about 2,000 professionals. This will involve an investment of about Rs 70 crore- Rs 100 crore in infrastructure.
The Regional Manager, Mr Rajesh Nambiar, said the Hyderabad centre would serve as a hub for projects in emerging technologies. The company plans to ramp up its workforce in Hyderabad from 1,100 to around 3,500 by December 2004. "We will further ramp up facility for Ericsson at Hyderabad.''
25,000 applications: "The bioinformatics opportunity is opening up. We have received business interest from overseas companies including from the Far East. While we wanted to recruit about 25 trainees for the bioinformatics space, we received about 25,000 applications,'' Dr Vidhyasagar said.
"These applications were handed over to a professional agency to shortlist. The agency managed to shortlist and handed over about 1,000 names back to us as all of them were good. Then we had to take this up further and decided to recruit about 40 people. This is to illustrate the interest in this business. We plan to invest about Rs 5 crore on training them.''
"Since this calls for specialised training drawing experience from various domain areas, there are not many who can offer training in these areas. We have received overwhelming response and many want us to be associated with them,'' he said.
Send this article to Friends by E-Mail
Stories in this Section
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | Home |
Copyright © 2002, The
Hindu Business Line. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu Business Line