TCS to set up South African subsidiary Co

TCS to set up South African subsidiary Co

Mumbai: Country’s largest software exporter Tata Consultancy Services (TCS) today said it is launching a new subsidiary— TCS South Africa to expand its operations there.

“We see South Africa as a key strategic market for TCS and as a gateway to Southern and Central Africa," TCS CEO and Managing Director S Ramadorai said.

TCS South Africa would have an equity participation from Black Economic Empowerment groups to ensure localization of services and skills, it said.

The company has a centre in Johannesburg from where it provides support services for financial services products implemented in South Africa.