TCS sees $1b from e-gov biz by 2010.
Economic Times (New Delhi, India), January, 2007
Jan. 27--NEW DELHI -- India's largest software exporter $2.97-billion TCS plans to achieve over 10 percent of its revenue from its e-governance vertical by 2010. Overall, the company has set itself a target of $10 billion by 2010. This translates into e-governance revenues of over $1 billion.
"We project at least 10 percent contribution to TCS' overall revenues through e-governance by fiscal year ending 2009-10," says Tanmoy Chakrabarty, vice-president (global government industry group), TCS.
Last year TCS earned less than $200 million through its e-governance practice. According to estimates, the global e-governance pie is over 180 billion, of which Indian companies share at present is minuscule, less than 1 percent.
TCS rivals such as...
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