Sunday, January 5, 2014

Foundation Laying Ceremony of TCS Global Learning Centre

Foundation Laying Ceremony of TCS Global Learning Centre
Tata Consultancy Services (BSE: 532540, NSE: TCS), a leading IT services, consulting and business solutions organization, announced that it is setting up the world’s largest corporate learning and development center with a total capacity to train 15,000 professionals at one time and 50,000 professionals annually.

The proposed TCS Learning Campus in Thiruvananthapuram will be located on a 97-acre property in the Technopark area of the city. The campus will be built over an area of 6.1 million square feet and feature residential accommodation for professionals and faculty at the center.

At a ceremony at TCS’ current training facility, TCS Peepul Park, the Hon’ble Prime Minister of India, Dr. Manmohan Singh was the chief guest and laid the foundation stone for the project. Other dignitaries present included the Governor of the State of Kerala, Shri Nikhil Kumar; the Hon’ble Chief Minister, Shri Oomen Chandy; the Hon’ble Minister for Industries and IT, Shri PK Kunhalikutty; Special Advisor to the Prime Minister, Shri TKA Nair; as well as the local MP, Shri Shashi Tharoor.

N Chandrasekaran, Chief Executive Officer and Managing Director, TCS, said, “TCS has been present in Thiruvananthapuram since 1997 and since then it has been the hub of our global learning and development efforts. The TCS Learning Campus will be the new benchmark for corporate learning worldwide and this iconic facility will produce world class professionals to meet the future needs of the IT industry.”

“We are grateful to the Kerala government officials and other stakeholders whose energy and commitment has helped make this project a reality today,” he added.

The project will boost the local economy in the region and during the construction period alone, it is expected that this project will provide direct employment to over 2,000 skilled and unskilled local people for a period of four years. An integral part of the project will be the skill development programs run by TCS to upgrade the skills of local youth and facilitate opportunities to work in the construction project, through contractors.

TCS is the single largest private sector employer in India. It employs over 285,000 professionals worldwide and plans to hire 50,000 professionals in 2013-14. It spends over 15 million hours on learning and development programs for its employees every year. Over the last five years till date, the company has trained over 143,000 IT professionals in India and abroad.

The company’s learning programs include its award-winning Initial Learning Program for fresh graduate trainees as well as numerous Competency Development and Leadership Development Programs for middle and senior executives in the company.

The proposed TCS Learning Campus will provide a natural, contemporary vision for education by linking elegant design, ecological thinking and modern technology. The integrated design has been organized around a centralized, iconic training facility with collaboration rooms and libraries on the high plateau at the middle of the site with residential and support buildings around it. The master plan of the campus, inspired by the rich regional heritage, incorporates the local architecture influences and used local materials in construction. It incorporates several green concepts such as zero waste discharge with 100% recycling of sewage, energy efficient systems, large area of green cover, rain water harvesting systems and integrated building management systems.

About Tata Consultancy Services Ltd. (TCS)
Tata Consultancy Services is an IT services, consulting and business solutions organization that delivers real results to global business, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT, BPS, infrastructure, engineering and assurance services. This is delivered through its unique Global Network Delivery Model™, recognized as the benchmark of excellence in software development. A part of the Tata group, India’s largest industrial conglomerate, TCS has over 285,000 of the world’s best-trained consultants in 46 countries. The company generated consolidated revenues of US $11.6 billion for year ended March 31, 2013 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at www.tcs.com.