TCS to expand, add headcount in China
IT major Tata Consultancy Services (TCS) plans to expand its China operations in the coming years, a top company official said.business Updated: Oct 24, 2010 12:43 IST
IT major Tata Consultancy Services (TCS) plans to expand its China operations in the coming years, a top company official said.
"We plan to increase our China operations and are looking at hiring more local professionals," TCS Chief Executive Officer and Managing Director, N Chandrasekaran, said on the sidelines of a press meet in Mumbai.
All of TCS's major markets grew in double-digit terms with Europe leading the pack. Its North American revenues crossed USD 1-billion in Q2 FY 11. All emerging markets grew with India and Asia-Pacific (APAC) leading the pack, he said.
TCS has set up a wholly-owned subsidiary--Tata Information Technology (Shanghai) Co Ltd for doing business in China.
TCS has four delivery centers in China, located in Hangzhou, Shanghai, Beijing and Tianjin. They are formally under the TCS Global Network Delivery Center. Through the Global Delivery Model (GNDM), delivery centers have the ability to perform large-scale projects.