Wholly Foreign Owned Enterprise | |
Industry | Information Technology |
Founded | June, 2002 |
Headquarters | Shanghai, China |
Parent | Tata Consultancy Services Ltd. |
Website | www |
Tata Information Technology (Shanghai) Co., Ltd is a Wholly Foreign Owned Enterprise (WFOE) operated by Tata Consultancy Services Ltd. in China. Tata Consultancy Services Ltd (TCS) commenced its operations through its wholly owned foreign enterprise in Shanghai in June, 2002. Subsequently, TCS has set up a global development center in Hangzhou and a liaison office in Beijing. In fact, TCS is the first Indian company to set up a development center in China. Tata Consultancy Services in China is the first CMMI & PCMM Level 5 Company in China.
National Development and Reforms Commission selected TCS as the strategic partner to create a large-scale outsourcing base in China. This would be a tripartite Joint Venture between National Software Export Base, TCS, and Microsoft. The joint venture intends to scale-up to 5’000 people in next 6 years and become a role model for Chinese IT Industry. This entity would focus on key markets particularly USA, UK, Europe, and Asia Pacific including Chinese Domestic market. A Memorandum of Understanding was signed towards this in June 2005 in Beijing by Microsoft, NDRC, and TCS.
The first development center will be at Zhongguancun Software Park, Beijing and subsequent development centers will be set up in other software bases in China. TCS has made substantial investments in China which resulted in a solid delivery foundation. TCS in China received a number of accolades from customers, industry, and the government. Some of them include:
TCS established strong relationships with a number of local leading universities in china through a wide variety of collaborations. Some of them include:
Inauguration of the TCS joint venture
Inauguration of Shanghai Delivery Center