TCS to begin construction of first phase of 100-acre facility

INDORE: Infotech major Tata Consultancy Services ( TCS) will start developing its facility here on an 100 acres of land at the special economic zone ( SEZ) from August 10, officials said here today.

The foundation laying ceremony and construction of the TCS facility will take place on August 10 in the Super Corridor area on the outskirts of Indore city, they said.

The decision was taken after a high-level meeting chaired by Madhya Pradesh Chief Minister Shivraj Singh Chouhan at the Indore airport.

Chouhan directed officials to ensure availability of all facilities for the construction of the TCS facility.

Under the first phase, the company will develop its premises with an investment of Rs 550 crore within two years.

After the completion of first-phase, 5000 people will get direct employment and 15,000 others will get indirect employment at the facility.

The facility will be completed fully in five phases, after which 25,000 people would get direct and another one lakh would get indirect employment, they said.

The Madhya Pradesh government has provided 100 acre of land to TCS at concessional rates on the super corridor with an agreement that 50 per cent of jobs would be given to people from the state.