The announcement followed Monday’s meeting in Mumbai between visiting UK Trade Secretary Liz Truss and TCS CEO Rajesh Gopinathan where they discussed the company’s commitment to continue investing in the UK’s economy, innovation, technology sector, and in developing workforce skills.
“This development builds on the great work TCS is delivering to our UK customers. Our sustained investments have made TCS the preferred growth and transformation partner of our valued customers in the UK, allowing them to digitally transform their business for competitive growth,” said Rajesh Gopinathan, Chief Executive Officer and Managing Director, TCS.
By partnering with some of the UK’s largest corporations in their growth and transformation initiatives and helping them harness the power of emerging technologies to launch new innovative products and services, TCS has been an integral part of the UK economy’s initiatives to remain globally competitive.
TCS has grown its business in the UK almost four-fold over the last decade entirely organically, making it one of the largest providers of IT and IT-enabled services in the nation.
The company is also one of the UK’s largest recruiters of IT talent. Its UK workforce is a young and diverse one, with 54 nationalities represented. Women make up 28% of the workforce, much higher than the 17% average in the IT sector.
Liz Truss, UK Secretary of State for International Trade, said: “India is the world’s biggest democracy and a nation that shares our belief in free enterprise. Deeper trading ties will create opportunities for UK businesses that were simply not there as part of the EU, and set the stage for a much closer partnership with one of the economic powerhouses of the present and future, ensuring more investors like Tata Consultancy Services bring jobs and growth to the UK.”
“We will be collaborating much more closely in the industries of tomorrow like science, tech and green growth, so we can build back better and deliver an export-led, investment-led, jobs-led recovery from coronavirus,” Truss added.
Amit Kapur, Country Head, TCS UK & Ireland, said: “The UK has been an important market for TCS for many years. Our success here has come from our single-minded focus on creating value for our customers through a model that attracts, trains, retains and engages the brightest talent that the UK offers, while discharging our social and environmental responsibilities.”
“We are creating thousands of well-paying jobs in communities across the UK, rejuvenating local economies and providing visibility to young people around long-term careers in technology,” Kapur added.
TCS STEM skills programmes have reached more than 150,000 young people in the UK in the last three years and in 2020, with Queen Mary University of London, the launch of TCS Digital Explorers Bursary, provides financial assistance to undergraduate students from low-income families.