TCS exploring feasibility of expanding into Africa

In an interview, Ravi Viswanathan, president for growth markets for TCS said that they were looking at ‘feasibility of expanding into other parts of Africa’.

TCS exploring feasibility of expanding into Africa
MUMBAI: In an interview in for their in-house magazine, Tata Review, Ravi Viswanathan , president for growth markets for TCS said that they were looking at ‘feasibility of expanding into other parts of Africa’.

TCS has been operating in the Middle East and Africa for the last 30 years. The IT firm has 11 offices and one delivery centre, some 3,800 employees from 28 nationalities working on various assignments for a cross-section of customers. In the FY 2014, revenues from the Middle East and Africa accounted for 2.1 per cent of TCS’s overall revenues.

The company also has a 450 strong, all women workforce in Riyadh,Saudi Arabia and plans to ‘leverage the on it to expand operations in this space for other customers in the Middle East, said Viswanathan.

In these geographies, the IT firm has a strong presence banking, finance and insurance, telecom, and government sectors “The increase in investments in the government sector, in the areas of education, infrastructure and several e-governance initiatives — especially in Saudi Arabia and the United Arab Emirates — bodes well for TCS in terms of the opportunities that have opened up to partner governments,” said Viswanathan in the interview.
Download
The Economic Times Business News App
for the Latest News in Business, Sensex, Stock Market Updates & More.
Download
The Economic Times News App
for Quarterly Results, Latest News in ITR, Business, Share Market, Live Sensex News & More.
READ MORE
ADVERTISEMENT

READ MORE:

LOGIN & CLAIM

50 TIMESPOINTS

Related Companies

More from our Partners

Loading next story
Business News › Tech › ITeS › TCS exploring feasibility of expanding into Africa
Text Size:AAA
Success
This article has been saved

*

+