IT companies ride on govt deals abroad to boost revenue
Financial Express Mumbai|July 10, 2023
TOP INDIAN IT services companies are lapping up deals from governments across the world to not just boost their slowing revenue growth but also their credentials by working on citizen-centric projects.
SAMEER RANJAN BAKSHI
IT companies ride on govt deals abroad to boost revenue

A couple of days ago, India's IT behemoth Tata Consultancy Services (TCS) announced securing a $1-billion deal with the National Employment Savings Trust (Nest), UK's largest workplace pension scheme.

Similarly, India's second largest IT company Infosys announced this week of its plan to ramp up its presence in Canada to secure more government deals.

Infosys Public Services (IPS), the north American subsidiary of Indian IT major, opened a new step down subsidiary, Infosys Public Services Canada Inc, this week. Infosys is planning to increase its employee headcount in Canada to 8,000 by 2024.

Just last year, Wipro bagged a multi-year contract from UK's government treasury to deliver service integration and management services.

Wipro in a case study has also revealed how it has enabled Highland Council workers to overcome technological and connectivity challenges during the covid pandemic.

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