Date:20/07/2006 URL: http://www.thehindubusinessline.com/2006/07/20/stories/2006072003990400.htm

TCS to recruit 4,000 foreign nationals

Our Brueau

Chennai, July 19

Tata Consultancy Services (TCS) will recruit 4,000 foreign nationals in the forthcoming fiscal, including 800 people in the US and 1,000 in Latin America and the rest in China and Eastern Europe, according to Mr S. Padmanabhan, Executive Vice-President of Global HR.

He told presspersons here on Wednesday that this is a deliberate strategy on the part of the company to build a diversified workforce. Foreign nationals now form 7.5 per cent of the company's workforce.

Mr Padmanabhan said the company has adopted the diversified workforce approach in order to create a comfortable environment for clients and employees who work along with it on specific projects.

In order to do this, the company is looking to implement the campus recruitment framework that it has in India in foreign countries. The company has established relationships with 180 campuses in India where it held recruitments and made 8,000 offers in the first quarter of 2006-07.

Abroad, it is still in the process of building relationships with universities and colleges such as Nanyang Technological University, Singapore, and `some universities in China', he said. The major global acquisitions include Australia-based Financial Network Services, a 200-people strong company that offers retail-banking solutions, and Chile-based Comicrom, a banking and pensions BPO that has about 930 people on its rolls.