Tata Consultancy Services is expanding its presence in Chennai with two new centres in Sipcot, Siruseri, a suburb to the south on the IT corridor. The centres will have a potential to generate nearly 35,000 jobs, according to a State government.
Tata Consultancy Services is expanding its presence in Chennai with two new centres in Sipcot, Siruseri, a suburb to the south on the IT corridor. The centres will have a potential to generate nearly 35,000 jobs, according to a State government. TCS inaugurated phase I of the Centre 1 in May 2020 with an investment of ?24 crores and laid foundation stone for Phase II of Centre 1 involving investment of over ?876 crore on 20th July at the Investment Conclave 2021 organised by the State government. It also signed a facilitation MoU for Centre 2 (Phase III) with State-run Guidance, an investment facilitator of the Industries Department, with an investment of ?900 crore at the Conclave organised.
The Reserve Bank of India has maintained the repo rate at 5.5% in its August 2025 policy review, reinforcing stability in the housing sector amid global uncertainties.