Today, TCS ranks among the top 10 information technology (IT) services companies globally. It is not only the highest-valued company in India, but also the second-most valuable company in the world in the technology and services industry, the Prime Minister said after laying the foundation stone of the facility, to be built over 6.1 million square feet in the Technopark area of Thiruvananthapuram.
Singh further said that the Centre was committed to providing an enabling environment to encourage further growth in this field, and would contribute toward an objective that is one of our national priorities that of imparting skills training to our young men and women on a very large scale.
Pursuant to the recommendations of the Rangachary report, several taxation issues confronting the IT sector have been addressed, the Prime Minister said.
We are also engaged in the resolution of issues pertaining to immigration and visas and trying to improve the hardware ecosystem and are exploring the establishment of two semiconductor water fabrication manufacturing facilities, Singh said.
The facility will have the capacity to train 15,000 professionals at one time and 50,000 professionals annually, TCS said in a statement. The campus, to be located on 97 acres, will also have residential accommodation for professionals and faculty, it added. TCS has been present in Thiruvananthapuram since 1997 and has since been the hub of our global learning and development efforts, CEO and managing director N Chandrasekaran said.
The campus will be a benchmark for corporate learning worldwide and this facility will produce world-class professionals to meet the future needs of the IT industry, he added.
The Prime Minister also lauded Keralas pioneering efforts in achieving total e-literacy, and said reducing the digital divide was vital to improve the lives of common people across the country.
Launching the total e-literacy programme of the Kerala government being implemented under P N Panicker Vikas Vigyan Kendra in Thiruvananthapuram, Singh said this was an initiative which could be taken across the country.