"There is a huge market for e-governance Projects across the globe, especially in developing countries. In three years, about 50% of revenues will flow in from international markets and this division will contribute 10% to the company's turnover," Mr Tanmoy Chakrabarty, vice-president and head (global government industry group) at TCS said.

Tata Consultancy Services (TCS) plans to shore up revenues from government projects. TCS is looking to bag global e-governance projects and plans to set up satellite development centres across eastern Europe, Latin America and south-east Asia. Eventually, such business is expected to contribute nearly 10% to the company's top line in three years.

TCS is eyeing e-governance projects in three areas – intra-government efficiency project, citizen service interface (G2C) and fiscal administration/revenue augmentation.However, the bulk of TCS' revenues in the government projects vertical comes from the domestic market. While it is working with several state governments, the company has commissioned the ministry of company affair's e-platform, MCA 21

Source: 1

Prashanth Rai

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