TCS to open center in Brazil for ABN Amro

By agencies   |   Tuesday, 13 December 2005, 20:30 IST
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NEW DELHI: India's largest software exporter Tata Consultancy Services will set up a global delivery center in Brazil by March next year to execute part of an outsourcing deal worth $200 million with ABN Amro. "We have just set up a GDC at Luxembourg and will set up another one in Sao Paulo, Brazil to undertake part of the ABN Amro outsourcing deal before March next year," CEO, TCS S Ramadorai said. The company is also executing work on the ABN Amro deal at its Mumbai and Bangalore centers, he said. TCS has also embarked upon a massive hiring spree where it plans to hire another 7000 professionals in the next two quarter over the current fiscal. Other than this the company is hiring 2000 professionals directly for its overseas centers and will hire 3000 professionals from its various acquisitions in the last few months. A total of 5000 professionals will be hired for overseas operations this fiscal, he said.