Friday, February 15, 2008

TCS Aims 100pc Increase In Domestic Revenues

Mumbai: Tata Consultancy Services (TCS) mulls to increase its revenue share from the domestic market. In the next 15-18 months, the company plans to achieve revenues of $800 million to $1 billion from $500 million at present. S Venkatramani, who will lead the Indian operations, is already optimistic about the opportunity the domestic market offers. Venkatramani takes over after the recent rejig declared by TCS in its organisational structure. To achieve these numbers, Venkatramani will focus on a mix of services and solutions instead of infrastructure. Venkatramani conceives that India and China are the next growth areas. Currently, BFSI, telecom, government and manufacturing form a major chunk of the IT major''s revenues. TCS had also announced that it will soon unveil a dedicated small and medium enterprises business solutions unit.

No comments: