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India’s largest IT exporter Tata Consultancy Services (TCS) will set up a software development campus in Indore, Madhya Pradesh, with an investment of Rs 500 crore.
The Indore campus will be located in the Special Economic Zone area allotted by the Madhya Pradesh Government, the company said in a statement.
It would house software engineering blocks, training facilities, amphitheatre and other facilities to offer a holistic environment to knowledge professionals.
“Indore is among the fastest growing cities in India by virtue of its business ecosystem and infrastructure development. The city has a good potential to transform into a knowledge hub,” N. Chandrasekaran, Chief Executive Officer and Managing Director of TCS, said.
“TCS’ investment will further boost the economy of the State by nurturing the development of talent and re-instilling inclusive growth. We are committed to work in harmony with all the stakeholders in the State to provide high-end solutions to our customers from this location,” he added.
“We are certain that TCS’ entry into the State will open new avenues for economic development of the State,” Madhya Pradesh Chief Minister Shivraj Singh Chouhan said.
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