Tata Consultancy Services (TCS), India's largest software exporting firm, does not want to take a chance with a natural disaster or a terrorist attack.
The company has been given permission by the Commerce Ministry to set up a 'disastrous recovery site' by its group firm located at the DLF Special Economic Zone (SEZ) in Chennai.
"The TCS e-Serve International located at Siruseri SEZ (of DLF)approached us for setting up a disastrous recovery site and the Board of Approval has granted the same," a senior Commerce Ministry official has said.
TCS eServe is one of the largest providers of business processing outsourcing services within the banking and financial services sector.
However, the approval has been given subject to the condition that "there will be no specific network connection exclusively for the same", he said.