Mumbai: Tata Consultancy Services (TCS), which is eyeing tie-ups and acquisitions in Australia, has signed a memorandum of understanding (MoU) with New South Wales-based technical college, TAFE, to run some of its courses in India.
TCS would promote the TAFE courses in India in English and local languages, S Ramadorai, CEO and managing director of the company, said.
"TCS and TAFE are working together on a detailed business plan," he said.
Ramadorai, who led a 70-member deligation of senior TCS executives to the Autralian state, said the company was actively looking to acquire companies in Australia.
Work was also under way to develop an innovation lab in Sydney to showcase next-generation banking technologies, he told an Austrlian daily.
TAFE is the largest vocational education and training provider in Australia and the alliance comes after the recent visit of New South Wales prime minister Morris Iemma to India.
TCS is also planning to launch an embedded systems facility in Tokyo in February and a Microsoft centre of excellence in Beijing in the second quarter of 2008, he said.
Ramadorai, however, did not reveal the investments involved in the project. The facility would be ready in six to nine months, starting with a core team of 10, he said.