Tata Consultancy Services (TCS) (BSE: 532540, NSE: TCS) is a digital transformation and technology partner of choice for industry-leading organizations worldwide. Since its inception in 1968, TCS has upheld the highest standards of innovation, engineering excellence and customer service.
Rooted in the heritage of the Tata Group, TCS is focused on creating long term value for its clients, its investors, its employees, and the community at large. With a highly skilled workforce of over 607,979 consultants in 55 countries and 180 service delivery centres across the world, the company has been recognized as a top employer in six continents. With the ability to rapidly apply and scale new technologies, the company has built long term partnerships with its clients – helping them emerge as perpetually adaptive enterprises. Many of these relationships have endured into decades and navigated every technology cycle, from mainframes in the 1970s to Artificial Intelligence today.
TCS sponsors 14 of the world’s most prestigious marathons and endurance events, including the TCS New York City Marathon, TCS London Marathon and TCS Sydney Marathon with a focus on promoting health, sustainability, and community empowerment. TCS generated consolidated revenues of US $30 billion in the fiscal year ended March 31, 2025.
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Numbers you should know
Timeline
Our history
- 1968
- 1971
- 1973
- 1979
- 1981
- 1982
- 1989
- 1997
- 2002
- 2004
- 2006
- 2007
- 2009
- 2011
- 2012
- 2014
- 2017
- 2020
- 2022
- 2023
- 2024
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by TCS
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS launches a Co-innovation network (COIN) to bring the best technology available in the start-up ecosystem to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
Crosses $10 billion in annual revenue
2012
Becomes the title sponsor of the New York Marathon, the world's largest marathon
2014
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
TCS sees leadership change as K Krithivasan takes over as CEO and Managing Director
2023
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Jaguar TCS Racing win the ABB FIA Formula Teams’ World Championships for the first time
2024
To help enterprises adapt to the rapidly evolving opportunity in Generative AI, Launches WisdomNext™, an industry-first GenAI Aggregation Platform
2024
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by TCS
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS launches a Co-innovation network (COIN) to bring the best technology available in the start-up ecosystem to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
Crosses $10 billion in annual revenue
2012
Becomes the title sponsor of the New York Marathon, the world's largest marathon
2014
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
TCS sees leadership change as K Krithivasan takes over as CEO and Managing Director
2023
Jaguar TCS Racing win the ABB FIA Formula Teams’ World Championships for the first time
2024
To help enterprises adapt to the rapidly evolving opportunity in Generative AI, Launches WisdomNext™, an industry-first GenAI Aggregation Platform
2024
- 19 20
Mr. Fakir Chand Kohli, fondly known as the Father of Indian IT, brings together a young team of enthusiastic US returned IT professionals to create demand for downstream computer services.
1968
TCS wins its first external contract - power companies were being set up in Iran as part of an infrastructure building program and TCS wins projects to build inventory and stock control systems for these stations.
1971
When TCS wins a project to convert a hospital accounting project written in Burroughs Medium systems COBOL to Burroughs Small systems COBOL, we do not have a Burroughs computer! An in-house tool was built to write this code and then shipped to the US - the first offshore delivery project.
1973
TCS establishes its first sales office in New York, headed by S Ramadorai. One of our first major clients was the Institutional Group Information Corporation (IGIC).
1979
JRD Tata’s vision comes to fruition when TCS sets up India’s first software research center, the Tata Research Development and Design Centre (TRDDC) in Pune.
1981
TCS forays into software with a data dictionary for Burroughs, which eventually leads to the creation of an accounting package EX.
1982
TCS signs a US$ 10 million deal with Swiss Securities Clearing Corporation, significant for its complexity and size.
1989
TCS is all-in on the Y2K remediation opportunity, and pioneers the concept of a software factory to address the challenge. Using a highly automated approach, TCS leverages special tools developed for the conversion and remediates about 700 million lines of code.
1997
Wins a $100 million GE Medical Systems project, till then the largest IT services deal by TCS
2002
TCS debuts at the National Stock Exchange (NSE) and Bombay Stock Exchange, with the largest IPO by a private sector company at an astounding US$ 1 billion dollars.
2004
TCS launches a Co-innovation network (COIN) to bring the best technology available in the start-up ecosystem to solve customer challenges. Today this network has over 2,500 start-ups and over 50 academic partners.
2006
TCS signs its first US$1 billion deal.
2007
We offer a cloud-based business model to provide services to life insurance companies in the UK – a value so compelling that we’ve ranked as the #1 provider in the UK market ever since.
2009
TCS creates iON, extending cloud-based services to small and medium businesses
2011
Crosses $10 billion in annual revenue
2012
Becomes the title sponsor of the New York Marathon, the world's largest marathon
2014
We announce the largest ever buyback in the history of Indian capital markets (INR 1.6 billion) to demonstrate our commitment to shareholders.
2017
TCS is the largest agile workforce in the world with over 545,000+ agile ready associates.
2020
TCS clock US$ 25.7 billion in revenue and an all-time high incremental revenue addition of US$ 3.5 billion.
2022
TCS sees leadership change as K Krithivasan takes over as CEO and Managing Director
2023
Jaguar TCS Racing win the ABB FIA Formula Teams’ World Championships for the first time
2024
To help enterprises adapt to the rapidly evolving opportunity in Generative AI, Launches WisdomNext™, an industry-first GenAI Aggregation Platform
2024
Investors
Positioned for long-term sustainable growth
TCS is seen as a benchmark in its outreach to investors, in its transparency and disclosures, publicly communicating its strategy, risks and opportunities, reducing information asymmetries and enabling fair valuation of the stock.
TCS is seen as a benchmark in its outreach to investors, in its transparency and disclosures, publicly communicating its strategy, risks and opportunities, reducing information asymmetries and enabling fair valuation of the stock.