TCS to invest Rs1,350 crore on new campus near Kolkata

Tata Consultancy Services, the country's largest software exporter, is investing about Rs1,350 crore on a new development campus at Rajarhat, near Kolkata. The campus is expected to be operational by the end of financial year 2014-15.

The Rajarhat campus would be spread over 40 acres and will house over 16,500 seats on completion, TCS said in a statement.

It will be built in two phases, with the first phase to be completed in the first quarter of 2014 and the second phase by the fourth quarter of the year. In the first phase 7,000 seats will be ready and the remaining 9,500 seats would be completed under the second phase.

''Our growing presence in Kolkata continues to be of strategic importance for our overall business growth. We remain committed to working in close collaboration with all stakeholders in the state to help development of local talent and provide our customers with world-class IT solutions from this location,'' TCS Chief Financial officer and Executive Director S Mahalingam said.

TCS has introduced a scheme to upgrade skills of workers in construction and related sectors, such as metalwork, across the country.

''TCS has always taken the lead in developing IT and engineering talent in India. Now we are looking at how we can help also build the base of other important skills that are important for sustaining economic growth. West Bengal has a significant, scalable pool of people who can contribute to the construction industry nationally as tradesmen,'' Mahalingam said.