Tata Consultancy Services (TCS) is building a facility in the Madhurawada IT Special Economic Zone (SEZ) after Dallas Technology Centre (DTC) proposed leasing its premises to TCS. The state government has confirmed the proposal and issued a government order. DTC has requested an occupancy certificate, permission to sub-lease the premises to TCS, and an additional 1,600 square meters of space at the original rate. The plot was originally allocated to DTC in 2016, but the project had several extensions and is now nearing its final deadline of August 9, 2026. DTC plans to employ 2,000 IT professionals in Phase I of the development, but the current facility can only accommodate 1,400 employees. The State Investment Promotion Board has endorsed a special package for DTC, and the government has directed relevant departments to expedite the implementation of the project. The TCS facility will be a significant step for the region’s IT sector, creating employment opportunities and boosting the local economy.
The TCS facility in Madhurawada IT SEZ receives government approval, gaining momentum as a key player in the region’s burgeoning tech industry.
by newsworm | Dec 11, 2024 | Tata Consultancy Services | 0 comments