TCS, Mitsubishi to invest USD 5 m in JV

Published on Wed, Feb 08, 2012 at 15:30 |  Source : Reuters

Updated at Fri, Feb 10, 2012 at 15:31  

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TCS, Mitsubishi to invest USD 5 m in JV

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Tata Consultancy Services (TCS) , India's top software exporter, and Japan's Mitsubishi Corp  will invest USD 5 million in a joint venture to set up a delivery centre in Japan, TCS's chief executive said.

TCS expects to raise revenue from Japan to at least half a billion dollars in four-five years, N Chandrasekaran told reporters on Wednesday.

The company's annual revenue from Japan is about USD 100 million, he said.

Also watch the accompanying video for the company conference call.

 

  

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