The Hindu : Business : Tesco Bangalore centre to look after software operations

Online edition of India's National Newspaper
Friday, Jan 07, 2005

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Business

Tesco Bangalore centre to look after software operations

By Our Special Correspondent

BANGALORE, JAN. 6. The U.K.-based supermarket chain, Tesco, launched here today its Hindustan Service Centre. It will look after Tesco's software and back office operations and will have a staff of 770 during this year. Tesco operates 2,300 stores across 12 countries and employs 330,000 staff.

The Bangalore centre, in Whitefield, will develop software to handle operations and to manage some financial transaction online, according to Tesco director for international operations, Philip A. Clarke.

Tesco had been a major investor in India and its non-food sourcing office, now based here, bought more than $ 70 million worth Indian products and this was likely to go up by 44 per cent this year, Mr. Clarke said. Tesco sells around one million pairs of shorts bought from Bangalore every year and over four million vests and T-shirts sold in its stores across the world come from Tirupur.

"There will be no loss of jobs in the U.K.," he said. Tesco had announced last year that it would shift IT jobs out of Britain. The staff there would be employed elsewhere within the company.

With many MNCs having already moved their software development, engineering design and back office functions here, Bangalore now accounts for 32 per cent of India's $12.5 billion annual revenues from outsourcing.

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