Has the political storm over outsourcing damaged Tata Consultancy Services?
With the passing of the US elections, the issue has quieted. We were excluded from a number of state contracts, so there was some impact from the issue, though minimal. There has been much more rhetoric than actual events. How significant is the threat to TCS from US companies building a presence in India? Western IT companies have increased their presence in India. Many of them now employ thousands of staff, approaching the 10,000 range in some cases. They are much larger competitors than Tata but have not crimped our growth rate, which has been over 35 per cent a year. We face them constantly in competing for new assignments, and we seem to bring a certain skill set to the table that prospective clients appreciate. We have demonstrated success in moving up the value chain, not merely serving as low-cost vendors. Will you be listing TCS outside of India? We always visualised TCS as needing an international listing and expect to have an international listing. The underlying reason is t
