“Tata Consultancy Services (TCS), the country's biggest software-service exporter, will expand its training centre at Thiruvananthapuram in Kerala to accommodate new global recruits and employees.
TCS, which concluded the country's biggest initial public offer last week raising Rs 5,382 crore, will invest between Rs 50-60 crore by the end of the current fiscal to expand the training centre.
Currently housed in a picturesque two-acre campus, the centre, which provides training to domestic recruits, will now be spread across an additional 10-acre campus with approval from the Kerala government to construct over 50 per cent of this land.
The software firm, which aggressively plans to acquire firms after it lists on the stock market, will hire over 5,000 people in the current year to March 2005. TCS, which last year hired about 3,000 people, currently has an employee strength of 30,121 of which 29,177 are based in India.”
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Feels good. More so because I am typing this sitting in Thiruvananthapuram.