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India's Tata Consultancy opens new U.S. centre

Tue Mar 18, 2008 7:31am EDT
 
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MUMBAI, March 18 (Reuters) - Tata Consultancy Services Ltd (TCS.BO: Quote, Profile, Research, Stock Buzz), India's top software exporter, said on Tuesday it had set up its first delivery centre in the United States to serve its dominant North American clients.

The facility, near Cincinnati, Ohio, will be its primary software development and delivery centre for North America, and can hold 1,000 employees, "most of whom will be locally hired from the region and its universities", TCS said in a statement.

"It reflects our long-term commitment to customers in one of our key markets globally," Chief Executive S. Ramadorai said in the statement.

TCS has also been beefing up its presence in emerging markets including Latin America and Eastern Europe amid fears of a recession in its key U.S. market. (Reporting by Rina Chandran; Editing by Ranjit Gangadharan)

 

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