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TCS To Strengthen Presence in Brazil: Announced A New Delivery Centre

18 April 20243 mins read by Angel One
Tata Consultancy Services will create 1,600 new jobs in the southern city of Londrina over the next five years by establishing a new delivery centre.
TCS To Strengthen Presence in Brazil: Announced A New Delivery Centre
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On April 15, 2024, the leading global IT services, consulting, and business solutions provider, Tata Consultancy Services Limited, announced, through an exchange filing, a new delivery centre in Londrina, Paraná, Brazil. This new centre is likely to create over 1,600 new job opportunities over the upcoming 5 years, contribute to the local economy, and bolster TCS’s presence in the geography.

The company further added that it has been present in Londrina since 2018. It employs around 1,700 people in the city. The new centralised campus would bring the city workforce under one roof, creating a vibrant hub for collaboration and innovation in Londrina. The delivery centre will specialise in key areas such as Business Transformation, Artificial Intelligence, and Cognitive Business Operations, offering a comprehensive suite of IT services to clients in Brazil and around the world.

TCS has been operating in Brazil for over two decades. It serves more than 140 clients in the region across industries such as banking, insurance, mining, retail, and telecommunications. The new centre will help Brazilian organisations in their technology transformation with a focus on strategic areas such as digital transformation, artificial intelligence and cognitive business operations

“This announcement by TCS is so important to us because it involves a strategic area for the development of our state. I have come to India to learn more about the capabilities that the country has built in many areas, especially in digital technologies, where India is a global leader, and leveraging experiences from here, we can deepen digitisation of various services and products for the Brazilian economy,” said Carlos Massa Ratinho Junior, Governor of the State of Paraná, Brazil.

“The new delivery centre in Londrina is a testament to our ongoing commitment to Brazil and our confidence in local talent. We are looking to double the number of associates in key areas such as Cybersecurity, Cloud, CBO, ITIS, AI, and automation, reflecting our dedication to innovation and excellence in technology services,” said Bruno Rocha, Country Head of TCS Brazil.

About Tata Consultancy Services Ltd

Tata Consultancy Services is the flagship company of Tata Group. It provides IT services, consulting, and business solutions. On April 16, 2024, the company’s shares opened at ₹3,909.00 and touched the day high of ₹3,924.00 at 09:51 AM.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.

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