Work on TCS' second tower to resume by end of 2009

Tata Consultancy Services (TCS), India's biggest software services provider expects to resume construction work on the second tower of its 46-acre campus in the city by the end of this year.

The software major also hopes that its first tower, which has a capacity to accommodate around 1,200 employees, to be fully occupied by the year-end. Presently, the single tower at TCS Kalinga Park, the city campus of the IT behemoth is manned by about 500 employees.

“We hope to bag some good projects in the next few months and expect our first tower to be fully occupied by the end of this year. The construction work on our second tower is also likely to commence by the year-end”, Manoj Panda, centre head (Bhubaneswar) of TCS told Business Standard.The second tower is expected to accommodate more than 1,000 employees. TCS planned to have four towers in all for its city campus and these towers were to be developed in phases.

The software firm had earlier announced that it had a long-term plan to hire 7,000-10,000 professionals for its development centre in the city. The manpower requirement is likely to be met by the company through a mix of fresh recruitments as well as redeployment of employees from its other locations.

TCS had recently announced that it would recruit 25,000 professionals in the current fiscal. The IT firm currently has a manpower pool of over 1.45 lakh employees.

The company aimed to expand its footprint within the domestic market in Tier-II and Tier-III cities as it believed that these locations have the potential to drive the next phase of IT growth.

The company was keen on setting up its development centres in locations such as Pune, Nagpur, Gandhinagar, Kochi and Chandigarh.

While the centres in Pune and Gandhinagar are expected to be operational by the end of this year, the proposed centres in Chandigarh, Nagpur and Kochi are scheduled for the second phase.

In the overseas market, TCS was looking to establish its strong footprints in geographies such as China, Singapore, Thailand, Australia, New Zealand, Latin America, West Asia and Africa. The IT major was also aiming to ramp up its China headcount to nearly 5,000 in the next five years.