Saturday, February 15, 2025

TCS to set up two new centres in Chennai, to create 35,000 jobs

TCS is expanding its presence in Chennai with two new centres be set up in Sipcot, Siruseri

Tata Consultancy Services (TCS) is expanding its presence in Chennai with two new centres in Sipcot, Siruseri, a suburb to the south on the IT corridor.

The centres will have the potential to generate nearly 35,000 jobs, according to a State government press release.

TCS inaugurated phase I of the Centre 1 in May 2020 with an investment of Rs. 24 crores and laid the foundation stone for Phase II of Centre 1 involving the investment of over Rs. 876 crore on Tuesday at the Investment Conclave 2021 organised by the State government.

It also signed a facilitation MoU for Centre 2 (Phase III) with State-run Guidance, an investment facilitator of the Industries Department, with an investment of Rs. 900 crore at the Conclave organised, the release said,

The Tamil Nadu government on Tuesday signed 35 MoUs worth Rs 17,141 crore with an employment potential of 55,054 during an investment conclave in Chennai. 

Tamil Nadu’s CM MK Stalin also laid the foundation stone for 9 projects, besides the inauguration of five other projects.

This will be the first series of MoUs to be inked by the two-month-old DMK government.

JSW Energy, General Electric (GE), Vikram Solar, Real estate firm CapitaLand, Avary, French company Cryolar, Cheyyar SEZ are some of the other companies that have signed the Memorandum of Understanding.

Editorial

Deloitte, PWC, EY, KPMG to Hire 1 Lakh People in India in FY25

According to estimates from top company officials and industry...

Higher EPS Pension Application Stuck: A Step-by-Step Guide to Fix

Nearly 97,640 Provident Fund (PF) members and pensioners under...

Employee Benefits at India’s Big 4 Firms Deloitte, PwC , EY, KPMG

The Big 4 firms; Deloitte, PwC (PricewaterhouseCoopers), EY (Ernst...

Deloitte, PwC, EY, KPMG Outpace Global Growth for India Divisions

The Indian divisions of Deloitte, PwC, EY, and KPMG...

EPS-95 Higher Pension Update: Less Than 1% Cases Settled So Far

Supreme Court Ruling and EPFO’s Higher Pension Rollout The Employees’...

Must Read

Honda Cars India appoints Takuya Tsumura as new CEO

Honda Motor Co. Ltd. has appointed Takuya Tsumura as...

Oliver Wyman’s Sheetal Gupta joins Patterson Belknap as CIO

Oliver Wyman's Sheetal Gupta joins Patterson Belknap as CIO Sheetal...

Why Diversity Programs are Not Able to Create Impact

Diversity Creates Dimensions in the World!! In the current New...

Effective strategies for organizational downsizing

Organizational downsizing is a challenge for management and also painful...

SHRM India to host SHRM Tech Conference & Expo 23 in HYD

SHRM, is hosting ‘SHRM India Tech Conference & Expo...

Volvo Trucks’ workers voted against the 5-year contract proposal

Volvo Trucks' workers voted against the 5-year contract proposal Unionized...

Theory of Toxicity at Workplace in Organisations

Management of organizations has now become a full-scale scientific...

HCLTech is hiring in July for over 5000 jobs, explore opportunities

HCL Technologies (HCLTech), a leading global technology services company,...

Related Articles

SightsIn Plus
SightsIn Plushttps://sightsinplus.com/
SightsIn Plus is an India’s leading high-quality people-focused monthly HR Magazine and provides up-to-date HR News, Leadership Announcements, Best HR Practices and Insights by Global CHROs, CEOs, HR Advisors, Business Managers and HR Heads on topics of interest to HR professionals. To subscribe SightsIn Plus, HR Magazine please visit- https://sightsinplus.com/subscribe/