TCS to lease record one million sq ft office space in Bangalore
Global software exporter and outsourcing firm Tata Consultancy Services (TCS) has signed a deal to lease one million sq ft of commercial space and turn it into offices, in what is considered as the largest single office transaction in India so far this year. TCS is leasing the space at the International Tech Park Bangalore from Ascendas-Singbridge Group, according to reports. TCS has planned a large recruitment drive to attract new headcount for the facility. The IT services firm has over 150 facilities across India and the total workforce of 280,000 employees. All the TCS locations put together are spread over 35 million sq ft area.