Foundation stone laid for TCS global learning centre

The government is trying to improve the hardware ecosystem in the country to match the phenomenal growth in software development, Prime Minister Manmohan Singh has said.

Speaking after laying the foundation stone for the global learning centre of software services firm Tata Consultancy Services (TCS), he said moves were on to establish two semiconductor wafer manufacturing facilities. Dr. Singh said the government was committed to providing an enabling environment for the IT sector to grow further.

Observing that several taxation issues confronting the IT sector had been addressed, he said efforts were on to resolve issues relating to immigration and visas. Hailing the TCS initiative to set up the learning centre, he said it would contribute towards an objective that represented a national priority — that of imparting skills training to young men and women on a very large scale. “We recognise that it is only by doing this that we can generate opportunities for productive employment for our youth in adequate numbers, while at the same time meeting the demands of our expanding economy for a skilled work force”. Dr. Singh said his government had set very ambitious targets for itself in the area of skill development and was working hard to achieve them. “We have taken several initiatives in this area and some of them have involved partnership with the private sector.” he added. “I am confident that the TCS learning centre will set global benchmarks for corporate learning institutions”.

Praise for TCS

Terming TCS a shining example of the success of Indian private enterprises in the last 20 years or so, he said the company had carved a niche for itself in the global market for IT and IT-enabled services and set benchmarks of excellence in software development. “Today, TCS ranks among the top 10 IT services companies globally. It is not only the highest valued company in India but also the second most valuable company in the world in the technology services industry”.

In his address, Chief Minister Oommen Chandy stressed the need for skills training to create more employment avenues in the State. Governor Nikhil Kumar, Union Minister of State for Human Resource Development Shashi Tharoor, Minister for IT P.K. Kunhalikutty, and Chief Executive Officer and Managing Director of TCS N. Chandrasekharan were present.