From Crisis to Collaboration: The India-Uruguay Success Story

At the 10th CII India-LAC Conclave held in New Delhi, H.E. Mr. Alberto Guani, Ambassador of Uruguay to India, recalled a pivotal moment in 2002 when Uruguay faced a severe financial crisis. During this difficult period, Indian businesses demonstrated trust in Uruguay's resilience and stability. This confidence laid the foundation for enduring economic ties.

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It was during this period that Tata Consultancy Services (TCS) established itself in Uruguay—a decision that proved to be a game-changer. Today, TCS Uruguay serves as a regional hub, expanding its influence across South America.

The Ambassador emphasized that Uruguay's strategic location and business-friendly environment make it an ideal gateway for Indian companies seeking to expand in South America. With TCS employing over 3,000 people, including 2,000 Uruguayans, it has become the largest exporter of IT in Uruguay.

“TCS is the biggest exporter and producer of IT in Uruguay. There are great chances of opportunities to do more things, and we are willing to expand the possibilities of engaging with India in a more substantive relationship,” he stated.

However, the absence of an Indian Embassy in Montevideo remains a challenge. The Ambassador expressed hope for India to establish a diplomatic presence in Uruguay soon. “We are the only country in South America that does not have an Indian Embassy, and that is a problem,” he pointed out. “It would help me a lot to develop my different ways of projecting issues and, at the same time, seeing how it goes.”