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Tech Mahindra bets on GCCs, consulting to drive growth
Mint Chennai
|April 09, 2025
The consulting unit will run across verticals with support from its artificial intelligence and delivery teams
Tech Mahindra Ltd is banking on new growth opportunities with chief executive officer Mohit Joshi, who joined the information technology services firm a little over a year ago, announcing business units to offer consulting services and run offshore tech centres for clients.
India's fifth-largest IT services company started its consulting business unit, TechM Consulting, on 4 November, and a global capability centre (GCC), SST Next-Gen GCC Offering, on 1 April, showed two internal memos shared with employees. The memo was accessed by Mint.
GCCs are offshore centres owned by multinational companies to run back-end work including IT infrastructure, supply chain, sales management and human resources.
This means the Pune-based company, which ended the 12 months through March 2024 with $6.3 billion in revenue, is looking to expand its offerings to customers and grow revenue streams under Joshi, who joined in December 2023.
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