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TCS Rajarhat campus faces slowdown hurdle
BS Reporter in Kolkata | February 27, 2009 12:27 IST
Tata Consultancy Services [Get Quote] (TCS) is likely to delay its Rajarhat campus in West Bengal, as part of a string of cost-management initiatives to cope with the pangs of the global meltdown.
At a press conference in Kolkata, S Ramadorai, MD & CEO of TCS, said, "We are likely to delay all our infrastructure projects and put on hold any fresh investments. Towards this effect, even the Rajarhat centre in Bengal could be delayed," Ramadorai added.
Tata Realty Infrastructure Ltd (TRIL), the real estate arm of the Tata group, has been roped in to execute development of the TCS upcoming campus.
Confirming this, TCS's global human resources head Ajoyendra Mukherjee said, "TRIL has been given the mandate to execute the Rajarhat software campus over the next two years. Around 15,000 employees will work in the upcoming 40-acre Rajarhat campus. Once the new campus is set up, we may relocate a section of TCS's employees operating at some of out leased facilities in Salt Lake Sector V."
TCS has 8000-odd IT professionals on its rolls in Kolkata who are distributed across the company's eight-odd centres in the Salt Lake Electronics Complex. Six of these facilities are leased while two are owned by TCS.
Ramadorai met the Bengal chief minister Buddhadeb Bhattacharjee on Thursday.
"I spoke to the chief minister on whether TCS could handle more of the state's e-governance projects, among other things," Ramadorai said, without divulging more details.