TCS aims to become the World's Largest IT company

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TCS aims to become the World's Largest IT company
25 Apr 2022
7 min read

News Synopsis

On Friday, India's largest IT firm TCS said that it plans to become the topmost IT services company around the globe, implying that it does not ''fear'' its large-scale operation is hindering the company’s ambitions. While speaking at the Times Network India Economic Conclave, Rajesh Gopinathan, chief executive and managing director of TCS informed that there is no reason for the IT firms not to aspire to double, triple, or quadruple their revenues from the existing levels. When asked whether he sees TCS becoming the largest IT company in the world, Gopinathan replied, ''Absolutely, in many ways we already are.''

Mr. Gopinathan further told that TCS, which is the biggest IT services provider to the banking, financial services, and insurance sector, comes a close second on employee count and has had instances of topping the global market capitalization tables as well. He commented, ‘'Today we are $25 billion in size. There are many companies that are $50, $100 billion in size. There is no reason we shouldn't aspire to be double, triple, quadruple of the size we are today. The question is how do we go about it, what should we do right towards it? But the opportunity is unbounded. Both on-demand and supply side we are sitting in a sweet spot.”

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