TCS Bets On North America, To Increase Tech Investments

India-West News Desk

NEW YORK, NY – Tata Consultancy Services (TCS) is ramping up technology investments in North America, buoyed by positive trends in the banking and financial services sector and anticipating growth from retail and manufacturing clients. The company, one of the world’s largest IT services providers, sees these industries as critical drivers for its recovery in the region.

North America remains TCS’s largest market, despite revenue declines over the past five quarters. The company serves a broad spectrum of industries, offering services such as software development, IT consulting, and digital transformation. Retail and manufacturing are expected to play pivotal roles in bolstering its performance, alongside its banking and financial services sectors, which have already demonstrated strong results.

Samir Seksaria, CFO of TCS, pointed to improving labor conditions in manufacturing and robust holiday season sales in the U.S. as key factors supporting a rebound in these verticals. “These trends provide a solid foundation for growth as we increase our focus on innovation and client engagement,” Seksaria noted.

With its strategic investments, TCS aims to capitalize on the recovery in retail and manufacturing while continuing to leverage its strong foothold in banking and financial services.