TCS Expands Infrastructure with Major Investment in Multiple Cities

Tata Consultancy Services, one of India’s largest multinational conglomerates will be expanding its real estate. The company has recently announced that this plan’s worth will be more than Rs 4,500 crore. This particular expansion plan will be made across several major Indian cities. This series of land acquisitions from the company will utilized for campus creation, infrastructure development and creation of office space. 

• TCS has announced a real estate expansion plan worth over Rs 4500 crore across major Indian cities.
• The expansion includes land acquisitions and leasing in Bengaluru, Kolkata, Kochi, Hyderabad, Coimbatore, and Visakhapatnam.
• Expansion has been carried out in the tier-2 cities, increasing the regional access for the company

According to the reports, the expansion plan will be majorly done across the cities of Bengaluru, Kolkata, Kochi, Hyderabad, Coimbatore, and Vishakapatnam. Among these cities, Bengaluru will be witnessing major widespread expansion. Previously TCS had acquired land worth Rs 2,250 crore from Sattva-Darshita Southern India Happy Homes. Further, the company has acquired an additional 3.2 million sq ft from TRIL for Rs 1,625 crore. The company has also leased a land mass of 800,000 sq ft in Electronic’s city to facilitate its operation of 360 degrees Business Park. 

Similarly in Kolkata, the company has acquired the land of 30 acres across Sanchita Park and Bengal Silicon Valley Hub. This is estimated to create an accommodation for 16,500 employees. Further, TCS has not limited the expansion to metropolitan cities, but also to tier-2 cities. The company has already started its operation of expansion of such sites, as office spaces in Coimbatore, Hyderabad, Kochi and Visakhapatnam. This has increased the regional access for the company,

This expansion will facilitate the company to gain more flexible infrastructure at the regional level.