Companies

Tata Comm sets up SE Asia hub in Singapore

PTI Singapore | Updated on May 11, 2011 Published on May 11, 2011

Tata Communications today launched its regional headquarter here committing a fresh investment of 440 million Singapore dollars over the next four years.

The incentive-based IHQ status, awarded by Singapore’s state investment agency Economic Development Board, would also see Tata Communications increasing its Singapore workforce by 60 per cent to 200 over the next four years.

“The official accreditation of international headquarter status by the Singapore government has come on the back of our long—term commitment and continued investment in the region,” Tata Communications Managing Director and CEO, Mr Vinod Kumar, said.

“One of the many benefits of placing our international headquarters in Singapore is the access to its world-class technical and business expertise,” he said.

“We want to play a continued role in encouraging local innovation by employing the best local talent available, at all levels of the business,” Mr Kumar said, referring to developing Singapore-based resources and manpower.

The Tata Communications Chairman, Mr Suboth Bhargava, said the regional award status would give his company opportunities to participate in Singapore economy with access to local facilities.

Tata Communications would be working with local research and development institutes of Singapore universities to further develop products for the communication sector.

Tata Communications is part of the 11 Tata Group of companies with close to 2,000 employees in Singapore.

Published on May 11, 2011
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