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TCS bets on sovereign cloud to augment India revenue
Mint Chennai
|April 25, 2025
The company announced partnerships with government entities RailTel and C-DAC
Tata Consultancy Services (TCS) on Thursday unveiled a push to significantly expand its domestic footprint, launching sovereign cloud networks and forging key partnerships with government bodies as India becomes its fastest-growing market.
India contributed $2.6 billion, or 8.6%, to the company's overall revenue of $30.18 billion in the financial year ended March 2025. This is nearly double the company's domestic revenue of $1.31 billion three years ago.
The revenue of the country's largest software services company rose 17% in these three years.
The launch of India-centric platforms and collaboration announcements with government bodies is in line with the company's plans to make India a $10-billion market, about four times its current size, as outlined by Tata Sons chairman Natarajan Chandrasekaran in last year's annual strategic retreat titled 'Blitz.'
The company's chief executive, however, tempered stance on this target.
Denne historien er fra April 25, 2025-utgaven av Mint Chennai.
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