TCS, Mitsubishi Corporation in joint venture
VARINDIA- INDIA'S FRONTLINE IT MAGAZINE Tata Consultancy Services (TCS) has announced a new joint venture, Nippon TCS Solution Center Limited, for the Japanese market. Nippon TCS Solution Center is believed to offer a full service suite of IT, BPO and Infrastructure services to Japanese corporations. TCS Japan will have 60 per cent stake with Mitsubishi Corporation having a 40 per cent stake. The new joint venture will also establish a nearshore delivery center in Japan. The nearshore delivery center is said to leverage Mitsubishi's significant domestic market expertise as well as the global expertise of processes and best practices of the TCS Global Network Delivery Model (GNDMTM), to meet the various needs of Japanese companies through enhanced solutions and service offerings. N. Chandraseakaran, CEO & MD, TCS said, "Japan is a very important market for TCS and we are delighted to partner with strong partner like Mitsubishi Corporation in this market. The new joint ...