CSC to invest $40 mn for new facility at Noida
Global IT services company Computer Sciences Corporation (CSC) will invest $40 million to set up a new integrated facility at Noida and would increase headcount by 1000-2000 by 2007.
"We will invest $40 million over a period of two years at the new campus at Noida and add another 1000-2000 employees to the present headcount of 2500 there," CSC India Pvt Ltd President and MD Tom Kenyon told reporters.
The first phase of construction at the facility is expected to be completed by March 2007, he said.
CSC had begun its operations in Noida in 2001 and the new campus there would serve as a hub from where CSC would conduct its services.
"We have robust growth plans for India and would continue to make investments here. We aim to expand our customer reach in the country," Kenyon said.
The US-based company, which clocked a global turnover of $14.6 billion dollars in 2005-06, started its India operations in 1996 and has set up base in Chennai, Hyderabad, Indore and Noida.
CSC provides end-to-end services in applications, infrastructure and BPO and would be expanding its current locations in India.
The Economic Times Business News App for the Latest News in Business, Sensex, Stock Market Updates & More.
The Economic Times News App for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.