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TCS says India’s growth will be platform driven
January 24, 2022
TCS Ltd. believes that the Indian market, which grew 15% year on year in the December quarter, will be platform driven as more businesses and govt entities digitize their processes.
Businesses in the BFSI, retail and manufacturing sectors are adopting these solutions aggressively since the launch of the India Stack a number of application programming interfaces, or APIs, that allow organizations to connect and engage with Indian users digitally.
By positioning itself with the right apps and platforms in this space, TCS expects to see traction from the government as well as corporates, as the per the company’s management. India’s largest IT services firm is also bullish on low code, no code solutions, having won 24 deals in the three months ended Dec 31.
TCS COO N Ganapathy Subramaniam said, “As far as India is concerned, we believe that India will be platform driven market. They are going after digital in a big way be it in insurance, banking or manufacturing”.
He said, “TCS is positioning itself to provide apps and platforms that can integrate with the India stack and provide solutions to clients across government, industry and even B2C. It is also investing in banking platforms and APIs for microservices that can connect to the Indian stack.
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