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TCS aims 10% revenue from govt projects; to hire 25,000 people
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TCS aims 10% revenue from govt projects; to hire 25,000 people
“Currently, our revenue from government projects is very small and we want to raise it to at least 10 per cent of our total revenue in the next three years,” TCS Vice-President (Head Global Government Industry Group) Tanmoy Chakrabarty said here today on the sidelines of an e-revolution initiative organised jointly by Punjab, Haryana and Chandigarh.
TCS last year recorded total revenue of $6 billion and it expects to increase it to $10 billion in the next few years. Out of the total revenue, the domestic market has a share of 70 per cent and the rest comes from the global markets, he said.
TCS would also hire 25,000 more people this year to support its ongoing and upcoming projects. “We have an employee strength of 145,000 people and we want to add 25,000 more people this year,” he said.
In the domestic market, the company was developing a Rs 1,000-crore ‘Passport Seva Project’ to provide speedy passport delivery services.
TCS is also looking to tap opportunities to be offered by Unique Identification Database (UID), headed by Infosys former Co-Chairman Nandan Nilekan. “We would like to avail opportunities to be thrown by UID projects, although they are still in early stages,” he said.
TCS is also keen to engage in e-panchayat projects, which are expected to be rolled out by the Ministry of Panchayati Raj.
“The ministry is considering launching e-panchayats across the country in order to bring transparency and efficiency in the system...We think in the next two years, e-panchayats will be a reality,” he said.
Source:
http://www.business-standard.com/india/news/tcs-aims-10-revenuegovt-projects-to-
