After marking amazing success in India, the software giant TCS is all set to explore new geographies. According to latest piece of information, TCS is planning to step into other geographies including China, Japan, Latin America, Europe and the Middle East for better business opportunities. Presently, TCS has presence in 44 countries.
According to N Chandrasekaran, CEO and MD at TCS, “There are plenty of opportunities in all these markets and TCS aims to address them. Presently, the challenge before us is to scale up our presence significantly in geographies like China, Japan, Latin America, Europe and the Middle East”.
Latest stats revealed, TCS generated 53.31 per cent revenue from North America, followed by UK and Europe with 25.32 per cent in 2011-12. TCS clocked 8.60 per cent revenues from India, while 7.56 per cent from the whole Asia-Pacific region.
As far as specific sectors are concerned, the Telecom, media and entertainment segments are significant revenue generators for the company. These sectors accounted for 12.69 per cent of the company's Rs 48,893.83 crore revenues in 2011-12. On the other hand, other sectors including retail and consumer packaged goods contributed 12.18 per cent and manufacturing 7.77 per cent of sales.
Chandrasekaran further added, “TCS is seeing a "lot of opportunities" in retail, consumer products and pharmaceutical segments as well”.
