BUSINESS
N Chandrasekaran met CM Vijay Rupani, Deputy CM Nitin Patel, energy minister Saurabh Patel, and senior bureaucrats, and apprised them about the Tata Group's plans in Gujarat
Tata Consultancy Services (TCS) will almost double its headcount in its Gandhinagar campus, Tata Sons chairman N Chandrasekaran said today, a senior government official said. Chandrasekaran, who was on a visit to Gandhinagar today, met Chief Minister Vijay Rupani, Deputy Chief Minister Nitin Patel, energy minister Saurabh Patel, and senior bureaucrats, and apprised them about the Tata Group's plans in Gujarat.
“We have been told that TCS will increase number of people employed from 12,000 at present to 22,000. Tata Group also plans to expand the its Sanand car manufacturing facility to start production of electric vehicles in the near future,” deputy Chief Minister Nitin Patel told reporters.
Industries secretary MK Das said that the Tata Group chief's visit was a courtesy call to chief minister Vijay Rupani. It could not be confirmed but government insiders said that the issue of Tata's Ultra Mega Power Project (UMPP), which is making losses due to low power tariff, was also discussed during the visit. Tata Power was among the companies that were seeking compensatory tariff due to change in Indonesian laws, which made coal imports expensive, the demand was rejected by the Supreme Court. The state government had recently formed a committee to look into the hardships faced by stressed power assets and to find a resolution.
Tata Group is one of the largest investors in the state with presence in power, automobiles, chemicals, and information technology businesses. In fact, it was Tata's Nano plant in Sanand that paved the way for other four-wheelers majors such as Ford and Suzuki to pick Gujarat for setting up their manufacturing facilities.
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