Chief Minister Shivraj Singh Chouhan will lay the foundation stone for the ambitious TCS project here on Saturday. The ceremony will be held at land allotted to the TCS on the Super Corridor. The occasion among others would be graced by the TCS, CEO and managing director N Chandrashekharan, besides galaxy of State Ministers, senior bureaucrat officers and other dignitaries.
The TCS, which has been allotted 100 acres of land on the Super Corridor to set up its software development centre, in the first phase, will invest a sum of Rs550 crore. After completion of the first phase works within a period of two years, about 5,000 people will get direct employment opportunities, while 15,000 people will get indirect employment from the project.
In all 25,000 people will get a direct employment, while about one lakh people will get indirect job opportunities once the work of the TCS’s Indore project is completed within a period of five years. As per the industry policy of the State, 50 per cent of the employment opportunities that will be generated by TCS in Indore, will be provided to the people of State.
State Industry and Commerce Minister Kailash Vijayvargiya who played a key role in ensuring arrival of TCS in Indore, termed the day - August 10, 2013, an important day in the history for not only Indore but the whole Madhya Pradesh as it would be for the first time, the country’s largest IT company will make its foray in Madhya Pradesh.
Talking to media persons at the programme venue, Vijayverigya claimed that Indore in the coming days with the arrival of the TCS and other IT biggies would emerge as an IT hub of the central India. After TCS, efforts would be made to bring the Infosys in the city which has also been allotted 130 acres of land on the sprawling Super Corridor adjacent to the TCS, the Minister said. He said the Government of Madhya Pradesh was committed to provide employment to one lakh youths of the State.