Tata Consultancy Services (TCS) has set a higher
capital expenditure of Rs1,800 crore, for fiscal 2007-08,
against Rs1,165 crore last year, an increase of 55 per
cent. This is a near doubling, from Rs950 crore, over
to company officials, Rs1,300 crore will go as investments
in physical infrastructure, such as buildings and real
estate, while Rs500 crore will be used for enhancing
is currently in an aggressive growth phase. We have
increased our investments substantially this year in
order to ensure smooth collaboration among TCS'' centers
across the globe and to deliver certainty to our clients,"
said the spokesperson.
Mumbai-based TCS, which is targeting a revenue base
of $10 billion by 2010, employs about 89,000 professionals
in 47 countries worldwide.
has 71 overseas delivery centres and 41 centres in India.
the fiscal 2006-07, TCS had spent Rs800 crore on physical
infrastructure and around Rs365 crore on technology.