Tata Consultancy Services (TCS) is expanding its presence in Chennai, Tamil Nadu, with two new centres in Sipcot, Siruseri. The centres will have a potential to generate nearly 35,000 jobs.
TCS inaugurated Phase-I of Centre-1 in May 2020 with an investment of Rs 24 crore and laid the foundation stone for Phase-II of Centre-1 involving investment of over Rs 876 crore on 20 July 2021 at the Investment Conclave 2021 organised by the state government.
It also signed a facilitation memorandum of understanding (MoU) for Centre-2 (Phase-III) with state-run Guidance, an investment facilitator of the Industries Department, at an investment of Rs 900 crore.