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TCS to recruit 4,000 IT professionals

December 23, 2002 17:06 IST

Tata Consultancy Services plans to recruit around 4,000 software professionals in the next one year, notwithstanding global slowdown, a top company executive said on Monday.

"We are 21,000 now. We should be 25,000 by December 2003, "vice-president and head-banking practice, N G Subramaniam, told reporters in Bangalore.

He said the company was also looking to set up new facilities in Bangalore, where it currently has 2,300 employees, including 1,800 catering to the banking and financial services and insurance segment.

Meanwhile, the company would open a development centre in Chile, officials said.

Subramaniam said Chile operations would be started with a small number of local software engineers, whose number is expected to grow to 100 over the next 18 months.

According to TCS' regional director-Asia Pacific, Girija Pande, head-count in the company's development centre near Shanghai in China would be increased from the current level of 25 Chinese software engineers to 150 by June.