Tata Consultancy Services and Wipro Technologies, the global IT business of Wipro Limited, on Monday unveiled plans to develop new campuses in Hyderabad. TCS is planning to hire 8,500 people, while Wipro officials spoke of hiring 24,000 over the next five years.
Mr S. Ramadorai, managing director and CEO of TCS, told reporters that TCS, the largest software maker in India, will be building the new campus, called Synergy Park, adjacent to the CMC Limited’s facility here. TCS has a 52 per cent stake in CMC Limited. He said the first phase of the new campus, which will have a built-up area of 335,000 square feet, would be ready by March next year, while the entire facility will be completed by 2009. Synergy Park, spread over 51 acres of land, will serve as a global software development centre and will be used both by TCS and CMC.
TCS currently has a development centre called deccanpark, which houses over 2,500 employees.
Speaking at the inauguration of Wipro’s new campus in Manikonda, company chairman Azim Premji said Wipro would be setting up its third campus in Gopanapally, for which the Andhra Pradesh government has allocated 300 acres of land. Andhra Pradesh chief minister Y.S.R. Reddy, who unveiled the foundation stones of both the new campuses, said Wipro would be having 30,000 employees, a figure which was confirmed by Dr A. Lakshman Rao, chief operating officer of Wipro Ltd. Mr Premji said the newly-inaugurated campus would house 3,000 people. "It’s the second largest development centre of Wipro in India, after Bangalore," he said. Wipro currently has 6,000 employees, he said, adding that the Hyderabad facilities had accounted for Rs 1,200 crores of exports for Wipro in 2005-06.
Mr Premji said Wipro Limited planned to have a large expansion of its presence in Andhra Pradesh, both in its IT and its consumer business. It is also in the process of setting up an IT facility in Visakhpatnam. Mr Ramadorai said TCS would also consider setting up a facility in Visakhapatnam.
Asked whether CMC would be merged with TCS, Mr Ramadorai replied in the negative.
"CMC is an independent company in which TCS has a 51 per cent stake. It has some key offerings, and TCS and CMC will be going to the market together," he said. Mr Ramadorai said TCS was expanding its operations in India and elsewhere because there was strong demand for outsourcing to India. "We have said that TCS will be hiring a net of between 24,000 to 25,000 people in 2006-07. That’s more than all of the other IT companies in the country."
Mr S. Ramadorai, managing director and CEO of TCS, told reporters that TCS, the largest software maker in India, will be building the new campus, called Synergy Park, adjacent to the CMC Limited’s facility here. TCS has a 52 per cent stake in CMC Limited. He said the first phase of the new campus, which will have a built-up area of 335,000 square feet, would be ready by March next year, while the entire facility will be completed by 2009. Synergy Park, spread over 51 acres of land, will serve as a global software development centre and will be used both by TCS and CMC.
TCS currently has a development centre called deccanpark, which houses over 2,500 employees.
Speaking at the inauguration of Wipro’s new campus in Manikonda, company chairman Azim Premji said Wipro would be setting up its third campus in Gopanapally, for which the Andhra Pradesh government has allocated 300 acres of land. Andhra Pradesh chief minister Y.S.R. Reddy, who unveiled the foundation stones of both the new campuses, said Wipro would be having 30,000 employees, a figure which was confirmed by Dr A. Lakshman Rao, chief operating officer of Wipro Ltd. Mr Premji said the newly-inaugurated campus would house 3,000 people. "It’s the second largest development centre of Wipro in India, after Bangalore," he said. Wipro currently has 6,000 employees, he said, adding that the Hyderabad facilities had accounted for Rs 1,200 crores of exports for Wipro in 2005-06.
Mr Premji said Wipro Limited planned to have a large expansion of its presence in Andhra Pradesh, both in its IT and its consumer business. It is also in the process of setting up an IT facility in Visakhpatnam. Mr Ramadorai said TCS would also consider setting up a facility in Visakhapatnam.
Asked whether CMC would be merged with TCS, Mr Ramadorai replied in the negative.
"CMC is an independent company in which TCS has a 51 per cent stake. It has some key offerings, and TCS and CMC will be going to the market together," he said. Mr Ramadorai said TCS was expanding its operations in India and elsewhere because there was strong demand for outsourcing to India. "We have said that TCS will be hiring a net of between 24,000 to 25,000 people in 2006-07. That’s more than all of the other IT companies in the country."