Channel Insider content and product recommendations are editorially independent. We may make money when you click on links to our partners. Learn More.

Switzerland Jan 28 (Reuters) – Tata Consultancy
Services (BO:TCS), India’s top software services exporter,
expects to hire as many or slightly less than the more than
50,000 employees it hired in 2010 this year as the race for
talent heats up in India’s technology outsourcing business.

In an interview with Reuters, TCS Chief Executive N.
Chandrasekaran also said there would unlikely be consolidation
in the growing tech exporter business despite its fragmented
nature.

TCS’ clients include Citigroup (NYSE:C) and General Electric
(NYSE:GE).

"We will not be acquiring in the near future," he said.
"Valuations are still high.

For full coverage, blogs and TV from Davos, go to
www.reuters.com/davos
(Reporting by Kenneth Li and Lee Chyen Yee, editing by Mike
Peacock)