Tata expands service center, eyes more hires

Pharma

The Hungarian subsidiary of India始s Tata Consultancy Services (TCS) has expanded office space by 5,000 square meters at its Budapest-based global service center, which is expected to created 500 new jobs, according to a press statement sent to the Budapest Business Journal by the Ministry of Foreign Affairs and Trade (KKM).

Szijj谩rt贸 at the inauguration today. (Photo: KKM / M谩rton Kov谩cs)

The service center, which was opened in 2001 employing just a few dozen engineers, today operates with a staff of 1,800, Minister of Foreign Affairs and Trade P茅ter Szijj谩rt贸 said at the inauguration of the expansion. Staff at the center include highly qualified engineers, economists, IT experts and developers, Szijj谩rt贸 said, adding that more than 10% of them are students.

Szijj谩rt贸 noted that the service sector is the second busiest in terms of investment in Hungary, following the automotive sector. He added that the sector employs more than 42,000 young professionals born after 1980.

Rahul Chhabra, Ambassador of India in Hungary, emphasized that the cooperation between the two countries is good. He noted that Hungarian businesspeople can travel to India more easily since visa applications have been available online. He added that Indian companies in Hungary plan for the long term, engaging in good partnership with locals and building on the local workforce.

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