Tata Consultancy Services (TCS) Announces Expansion of Its Global Network Delivery Model(TM) with a New Center in Mexico

The President of Mexico inaugurates TCS' Global Delivery Center

o First major investment in Mexico by an Indian IT firm
o Center to serve local Mexican clients, provide near-shore services for US clients
o Over 500 people to be hired in this financial year for the Guadalajara center
o Major expansion of the firm's IberoAmerican operations, which comprises operations in 14 countries including large centers in Brazil, Chile and Uruguay.

GUADALAJARA, Mexico and MUMBAI, India, May 30 /-- Tata Consultancy Services (TCS), , a leading IT services, business solutions and outsourcing firm, announced that it was expanding operations in Iberoamerica by setting up its first Global Delivery Center (GDC) at Guadalajara in Mexico.

This is the first major investment by an Indian information technology (IT) firm in Mexico and the new center represents an important step in TCS' global strategy to further enhance its Global Network Delivery Model (GNDM(TM)), allowing it to better serve its clients in Mexico and across the world.

"Apart from a strong domestic IT market, Mexico shares a similar time zone with and is within 5-6 hours flying distance from anywhere in the US, allowing us the ability to provide nearshore services for our large US client community", said N Chandrasekaran, Executive Vice President & Head of Global Sales & Operations for TCS.

The Guadalajara center was inaugurated today by the President of the United States of Mexico, in a ceremony which included important business, political and media leaders from the country and the state of Jalisco.

"I thank Tata Consultancy Services for their confidence (in Mexico); we know the professionalism and importance that the company has not only in India but in many countries across the world and we wish to make our country one of the best investment destinations in the world, if not the best. This delivery center also exemplifies the type of productive activity that must be supported and expanded, value added activities, activities that create employment, moreover to young Mexican professionals, activities oriented towards the services sector, which is an area with huge potential and demand in this century of knowledge & information, the 21st century," said H.E. Felipe Calderon Hinojosa, President of the United States of Mexico.

Guadalajara, the second largest city in Mexico, (with a population of over 4 million) and located in the state of Jalisco, was chosen by TCS after an extensive survey because of its accessibility, infrastructure and available talent pool.

"We are impressed by the tremendous talent in this region, nurtured by a very strong education system. We will recruit the best people and train them extensively in the same high quality processes and methodologies that we so successfully use in our operations around the world," said Ankur Prakash, General Manager of TCS Mexico.

Over the last 5 years TCS has set up operations in 14 countries across Iberoamerica including major centers in Argentina, Brazil, Chile and Uruguay, which employ over 5000 professionals in those countries and cater to over 150 clients.

"This expansion in Mexico marks an important phase in our growth. We will hire 500 people for the Mexico center in the short term and thousands more in the next 5 years, as we continue to build a strong high impact organization in this region," said Gabriel Rozman, President of TCS Iberoamerica.

About Tata Consultancy Services Ltd (TCS)

Tata Consultancy Services is an IT services, business solutions and outsourcing organization that delivers real results to global businesses, ensuring a level of certainty no other firm can match. TCS offers a consulting-led, integrated portfolio of IT and IT-enabled services 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 89,000 of the world's best trained IT consultants in 47 countries. The Company generated consolidated revenues of US $4.3 billion for fiscal year ended 31 March, 2007 and is listed on the National Stock Exchange and Bombay Stock Exchange in India. For more information, visit us at http://www.tcs.com/.

About TCS Iberoamerica

TCS Iberoamerica (TCSI) is the business arm of Tata Consultancy Services that operates across the Spanish and Portuguese speaking region of the world. Over 5,000 local consultants provide high quality IT services, business solutions and outsourcing to over 150 regional and global clients across 14 countries in Mexico, Central America, South America, Spain and Portugal. TCSI operates Global Delivery centers (GDC) in Brazil, Mexico & Uruguay at CMMi Level 5, the highest quality standard for the industry, and maintains a Global BPO Services center in Chile.

Source: Tata Consultancy Services

CONTACT: IberoAmerica, Spain and Portugal, +562 - 2511618, abhinav.kumar@tcs.cl, or Global and India, +91 22 6750 9999, pradipta.bagchi@tcs.com, or North America, +1-646-313-4594, m.mccabe@tcs.com, or Asia Pacific, +65 6372 4931, vishwendra.v@tcs.com, or Europe,
+91 22 6750 9999, pradipta.bagchi@tcs.com, all of Tata Consultancy

Web site: http://www.tcs.com/

All Topics