The second campus, the foundation stone for which was laid, is coming up on 100 acres of land at an estimated investment of Rs.1 billion. This facility will provide employment to 4,000 to 6,000 software engineers in the next three to five years. It will be developed in phases and the first phase will be completed within 18 months. The campus will also have training facility for 1,200 employees.
Tata Consultancy Services (TCS), one the world's leading information technology companies, Monday launched work on its new campus here. The new facility, called Synergy Park, is coming up on an area of 51 acres in CMC campus, Gachibowli. The facility, the foundation stone for which was laid by Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy this evening, will be ready by March 2007. With an office space of 335,000 square feet, the new facility would have a capacity to house 8,000 software engineers. TCS CEO and managing director S. Ramadorai was present at the foundation-laying ceremony.
TCS employs 4,000 software professionals here and made exports of Rs.6 billion from Hyderabad In 2005-06. The chief minister also released a software developed by TCS for automated management of Andhra Pradesh Rural Employment Guarantee Scheme. The information and communication technology solution will help in implementation of the scheme in 13 districts of the state.
