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TCS, Dow to form business alliance to create jobs in U.S.
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TCS, Dow to form business alliance to create jobs in U.S.
Mumbai: Intending to create jobs in the U.S., India`s largest software services exporter Tata Consultancy Services (TCS), has announced plans to form a business alliance that will provide critical business services to Midland Michigan, U.S. based Dow, a diversified chemical company, and its subsidiaries and joint ventures.
As part of this alliance, Dow and TCS are planning to build a new service centre at a site near Dow`s global headquarters, which would result in creation of jobs. Also, the alliance is an expansion of an existing relationship between Dow and TCS, combining Dow`s leading chemical industry knowledge and operational discipline with the service delivery expertise of TCS.
"This strategic partnership will make our already lean and efficient corporate centre even more so, by supporting a business services model that delivers world-class capabilities at an estimated 30 percent savings," said Dave Kepler, Dow Executive Vice President of Business Services. "This innovative approach uses a variable staffing model, centralizes activities and maximizes efficiencies to meet evolving business needs."
The plans are underway to begin construction on a new facility in the next year, with the first phase of the build-out designed to accommodate 1250 employees. In addition, TCS plans to expand its service offerings beyond Dow in the future, creating a service valley in Central Michigan.
Earlier in 2006, TCS entered into a partnership with Dow and set up the Mumbai Services Centre to support the latter`s growth strategy and to provide transactional and operational services to its clients.
Source:
http://www.siliconindia.com/shownews/TCS_Dow_to_form_business_alliance_to_create
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