TCS announces plans to expand operations in Arizona, invest $300 million by 2026

Tata Consultancy Services (TCS) on Wednesday announced plans to expand its operations in Arizona in the US and invest more than USD 300 million (about Rs 2,236 crore) by 2026. The Mumbai-based company will also hire more than 220 employees by 2023, it said in a regulatory filing.

“TCS will also continue to expand the reach of its STEM (Science, Technology, Engineering and Mathematics) and Computer Science education programmes in Arizona by increasing teacher training and online content for students over the next two years,” it added.

TCS’ Phoenix Business Centre — one of 30 TCS facilities in the US — serves more than 50 customers across Arizona.

Currently, it has more than 780 employees in the state, helping clients in banking, manufacturing, healthcare, and utilities, manage their IT operations and harness technologies such as artificial intelligence,