India's Tata plans big China expansion
19 April 2007
India's biggest outsourcing company, Tata Consultancy Services (TCS), plans to increase its China staff fourfold to 5,000 in four years as part of efforts to push into global emerging markets. The Mumbai-based company sees China as the one market that has the ability to match India in size. "We can easily grow to 3,000 or 5,000 in Hungary but not to 50,000 like we could in China," N. Chandrasekaran, TCS global head of sales and operations told the Financial Times. China is still relatively small in terms of IT outsourcing - TCS currently has around 90,000 employees in the country, far more than the 8,000 who work for the largest domestic player, Shenyang Neusoft. But it is the only emerging market producing enough engineering graduates to build a large-scale software outsourcing hub.