The Hindu Business Line : TCS to add 30,000 seats this fiscal

Mumbai, April 23 Tata Consultancy Services (TCS) will add about 30,000 seats in fiscal 2009 to enhance its delivery network in India. Inspite of the sub-prime crisis in the US, TCS sees a strong order book, with visibility of large deals across diverse geographies. Hence the company is not cutting back on its capacity enhancement initiatives, according to Mr N. Chandrasekaran, Chief Operating Officer and Executive Director.

The company will be adding seats in both tier-1 and tier-2 cities in the next 18 months. The exercise would be undertaken in cities such as Coimbatore, Bhubaneswar, Ahmedabad, Mangalore, Mumbai, Chennai, Hyderabad and Kolkata, Mr Chandrasekaran told Business Line. The company could set up new centres in some of the tier-2 cities.

“We are already committed to a lot of tier-1 cities in India. Going forward, we expect to significantly tap tier-2 cities and increase delivery from there,” Mr Chandrasekaran said.

Big deals

TCS is said to be chasing about 25 deals of above $50 million and hence it makes sense for the company to enhance its delivery infrastructure, analysts feel

In spite of the company giving a weak fourth quarter, it has been aggressively investing in infrastructure and capacity. Recently TCS said that it would spend about Rs 950 crore to set up a 20,000-seater facility in Pune.

Hiring plan

On the people front, the company has already announced that it will be hiring about 30,000-35,000 new employees in fiscal 2009. The company ended fiscal 2008 with a total employee base of 1,11,407, making net additions of 22,116 people during the year.

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