Friday 26 August 2011

Now TCS open BPO Center in Ahmedabad


India's largest IT services company Tata Consultancy Services (TCS) will be setting up a greenfield BPO center in Ahmedabad with the capacity of housing 2,000 people. The company plans to hire 1,000 people in the first phase of the project that will be housed at their 35-acre campus in Garima Park.

“Our expansion into Ahmedabad is part of our strategy to harness the specialised talents available in Tier-II cities. We intend to use the centre to offer back office services in the banking, financial services and insurance space, as the talents available in that region are best fit for these kind of services, says Abid Ali Neemuchwala, VP of TCS BPO Services.

The company employs more than 35,000 people in its BPO services arm, of which more than 30,000 are based out of India, including Tier-II locations like Pune and Kolkata. The company had reported revenues of $925 million for BPO services in 2010-11, expects to cross a billion dollars in revenues this fiscal year, says a report published in the Business Standard.

Additionally, the company is also expanding its bases on both offshore and onshore locations, Neemuchwala said adding that TCS will not be taking the inorganic route to growth at the moment. “We made acquisitions ahead of time and our acquisitions have been very selective. However, right now, we are not looking for acquisition as a driver to expand,” he said.

The company is planning to treble its headcount in Manila from the present 300 people though its center in the Philippines can seat as many as 5,000 people. The official revealed that TCS was adding several clients across key verticals that included banking, financial services, insurance, healthcare and pharmaceuticals.

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