In India, this one expansion means 15,000 jobs

India's largest IT services firm, Tata Consultancy Services (TCS) announced plans today to invest Rs.4 billion, or over $95 million, to develop a facility on the outskirst of Hyderabad, Andhra Pradesh, India. The facility, which is expected to be completed by 2013, will employ 15,000 people. This will take the total number of TCS employees to 89,000 in 47 countries.

TCS, whichis based in Mumbai, also expects to increase its staff in China by 5,000 over the next four years.

TCS hit a milestone this week, crossing US$4 billion in revenues for the first time. TCS's customers include IBM, Bank of China, Qantas Airlines. TCS was the first Indian software company to open an overseas office in New York.

Sources: India eNews, India PR Wire, The Financial Times, Economic Times India, The Telegraph, Business Week, Tata Consultancy Services