TCS to expand footprint in China, Japan, Middle East, Europe, Latin America

During the course of a recent interview to Tata Group website, N Chandrasekaran - Managing Director and CEO of India's biggest software services exporter Tata Consultancy Services (TCS) - said that TCS has plans underway to tap opportunities in the China, Japan, Middle East, Europe, and Latin America and Europe markets; where it intends to "scale up (its) presence significantly."

Pointing out that there are opportunities aplenty in the mentioned markets, Chandrasekaran said that TCS has the "right global footprint;" thanks to its presence in as many as 44 countries across the world.

With regard to TCS' business from Europe, Chandrasekaran said that the growth of the business in the country is likely to witness a fast growth because of an increase in spending by the consumers; and added that TCS is "winning lots of transformation deals in Europe."

Meanwhile, so far as the company's revenues from different countries is concerned, Chandrasekaran revealed that while the revenue for North America accounted for over 53 percent of the total TCS revenue for 2011-2012, the revenue from the UK and Europe comprised over 25 percent of the total revenue.

Among the other countries, revenue from India constituted 8.6 percent of TCS' total for the mentioned period; while the contribution of the revenue from Asia Pacific region, Middle East and Africa, and Latin America was 7.5 percent, 2.1 percent and nearly 3.1 percent respectively.


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