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TCS to hire 25,000 people, to cross $10 bn revenue mark

Views 0 Views    Comments 0 Comments    Share Share    Posted 06-09-2009  

CHANDIGARH: India’s largest IT employer Tata Consultancy Services (TCS) that is eyeing the $10 billion revenue mark in the years to come will hire 25,000 people globally this year, 90% of which will be from India. ( Watch )

Though significantly large when compared to the current recruitment numbers , the figure is 10,000 short of the number of people TCS hired last year.

Vice-president and head government industry solutions unit Tanmoy Chakrabarty confirmed the plan. “Tier II cities are our only focus for expansion in the country as the top rung are clogged and saturated for space. We will be hiring 25,000 people this year, which means roughly 25 lakh sq ft of work space required and therefore, we need to grow outside the metros, wherever we find the most compelling reason to be.”

With this, the total number of employees globally would go up to more than 1.8 lakh, making it one of the largest private employers in India in the league of Tata Steel which has an employee base of 2 lakh people.

With the Indian government planning to spend Rs 40,000 crore on IT services for the masses and allied projects, TCS that has a 32% market share as per Gartner Inc, is actively looking into this space for more business. At present, 70% of the segment’s revenue comes from India while the smaller share coming from the US, Latin America, Africa and South East Asian countries.

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