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India's largest IT player is planning to open new offices in these cities
India's largest IT player is planning to open new offices in these cities

Time of India

time14 hours ago

  • Business
  • Time of India

India's largest IT player is planning to open new offices in these cities

Tata Consultancy Services (TCS), India's largest IT services exporter, is planning to open new offices across multiple cities as part of a massive infrastructure and expansion push. As per a report by Economic Times' Sobia Khan , the company has earmarked over Rs 4,500 crore for setting up new campuses, leasing office space, and expanding its physical footprint nationwide. Cities on TCS's radar include Bengaluru, Kolkata, Hyderabad, Kochi, Coimbatore, and Visakhapatnam. In Bengaluru, TCS has made two major acquisitions—1.4–1.6 million sq ft from Sattva-Darshita for Rs 2,250 crore and 3.2 million sq ft from TRIL for Rs 1,625 crore. Together, these are expected to add 25,000 seats. Additionally, TCS leased 800,000 sq ft at 360 Degrees Business Park in Electronic City, further expanding its presence in India's tech capital. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Buy One, Get One Free, Up To 50% Discount, Expiring Soon Original Adidas Shop Now Undo In Kolkata, the company is developing 30 acres across its Sanchita Park and Bengal Silicon Valley Hub campuses, adding capacity for 16,500 seats—12,500 of which will be ready in 2025. TCS has also leased new office spaces in Coimbatore and Hyderabad, while in Visakhapatnam, the firm secured 21.6 acres on a 99-year lease from the government. In Kochi, it is acquiring 37 acres in the Kinfra Electronics Manufacturing Cluster for Rs 690 crore. Live Events According to industry experts, TCS's real estate moves point to a revival in the commercial office sector and confidence in India's talent ecosystem. The firm's investment in both metro and tier-2 cities suggests a long-term strategy to diversify and scale its delivery capabilities. Although TCS has not issued an official comment due to its silent period, its aggressive office expansion clearly signals preparation for future demand, return-to-office models, and hybrid workforce strategies. In April NASSCOM said that the Indian domestic tech market has maintained its growth momentum and has been growing faster than exports. "This growth is being driven by several tech companies that are focused on building in India for India, undertaking contracts for digital transformation of Indian enterprises and remain bullish about upcoming opportunities in the market," the industry association added.

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