TCS continues strategy to consolidate workspaces despite work-from-home plans

MUMBAI: Despite announcing last month that it would let 75% of its employees work from home by 2025, TCSNSE -0.23 % has continued with its strategy of consolidating workspaces, with the country’s top IT services provider seeking approval to build two new IT parks of 5 million square feet as well as lease an additional 1 million sq ft.

The software services exporter is planning to set up an over 4 million sq ft IT park spread over a 50-acre plot in Noida and is in the process of constructing its own 1 million sq ft park in Pune’s Hinjewadi. It has

The IT bellwether also entered into an agreement to pick up a 1 million sq ft office space in Thane last week, multiple people with direct knowledge of the development said.