TCS, Infy shift to Tier-II, III cities to save cost

[FLuiD]

In a slowing economy, IT companies are trying to save every penny. After experimenting with their HR strategies, next on the list are office rentals and real estate costs. CNBC-TV18’s Sunanda Jayaseelan finds out how TCS and Infosys are managing their operating costs.

So while TCS will focus on centres like Pune and Trivandrum, Infosys is looking to build either a development centre or hostel facilities on its land near the new international airport outside Bangalore.

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More companies will follow the biggies and that means, global slowdown will in fact become a boon to cities like Trivandrum.