TCS Zooms In On Asia, Europe To Drive Expansion Offensive

New Delhi: | Updated: Nov 28 2002, 05:30am hrs
Tata Consultancy Services (TCS), a division of Tata Sons Limited, is planning to set up two or three development centres each in Asia and Europe within a time frame of six months. The company has 11 overseas development centres currently.

We might take the joint venture route or go ahead by setting up a wholly-owned subsidiary in each of these locations, a TCS spokesman told eFE. Chile is another location that the company has identified for a new development facility, apart from those in Europe and Asia.

TCS has seven development centres in the US, and one each in Hungary, China, Uruguay and Japan.

Business continuity planning (BCP) is an important factor for TCS to constantly look at new geographies. Also stable political environment and good engineering quality in new countries are some other factors determining the choice of a location for development centres, the spokesman said.

TCS declined to disclose any investment details, however. In India, it has 25 development centres and is looking at setting up one development centre in Kolkata and another in Hyderabad.

We are also looking at setting up a centre in Delhi within two years, he said.

The activity of these new development centres could be anything ranging from business process outsourcing (BPO) to application development. Further, TCS is also planning to explore patenting opportunities and is looking at both standard-based and design-based products, a company official said.

TCS is a global software solutions and consulting services enterprise and claims to be Asias largest global software and services consulting company with over 16,000 professionals working at 83 branches in 23 countries and 5 continents and with over 800 global clients.

The business model for TCS is divided into industry practice and services practices. Within industry practice, TCS concentrates on areas like banking, financial services, insurance, telecom, manufacturing and process industries, retail and distribution, transportation, healthcare, utilities.

The companys services practices include verticals like e-business, application development and maintenance, architecture and technical consulting, computer security, large projects and outsourcing.

TCS has an architecture and technology practice where it focuses on high-end consulting and core technology for original equipment manufacturers.