Tata Consultancy Services Ltd, the country'' stop
computer-services provider, plans to hire 5,000 workers
in Mexico in the next five years even as the rising
rupee drives up hiring costs in its home market.
Consultancy last week opened a software-development
centre in Guadalajara, Northern Mexico and that facility
will start with about 300 employees doing tasks currently
completed in India, said Gabriel Rozman, head of company''s
operations in Latin America, Spain and Portugal.
rupee gained 9.2 per cent against the dollar this year,
eroding Tata Consultancy''s earnings from the US, its
biggest market, and increasing Indian costs relative
to other nations.
Consultancy gets about half of its sales from North
America. The Mexican peso was little changed this year
against the dollar.
see costs rising in India and people becoming less available,"
he said. "That''s why we''re going to places like
Latin America, which has professionals and reasonable
in Mexico, however, are about 30 per cent higher than
in India, he said. Having software programmers in Mexico
allows Tata Consultancy to serve US customers more quickly
because they work
in the same time zone, making travel to clients for
support less time-consuming, he said.
salaries are about 40 per cent to 50 per cent lower
than in the US, where Tata Consultancy employs about
12,000 people, he said.