TCS - India Presence!

For some time, I was wondering why my present company is not so successful in getting India projects, especially government projects.

The book 'The TCS Story', written by former CEO, Ramadurai, answered my thought. In early 90's, government decided to disinvest some companies to mop up funding for their infrastructure projects. CMC is one such company. There is nice story behind CMC's inception. In 70's IBM was the only company in India who sold and provide maintenance for IBM mainframe computers. Govt used IBM main frame computers for all its complex projects. When in late 70's, govt decided to shut shop of global companies in India, IBM wound up its presence in India. To take care of the govt projects and maintain IBM main frame computers, govt created a 100% subsidiary company and named it as CMC. So after wards, all IT and Govt complex high value projects are handled by CMC.

When CMC is floated for sale, TCS finds it as a good acquisition opportunity and bid it. Inclusive of TCS there were 14 bidders. CMC Employees Federation were one among them. After opening up the sealed bids, Govt shortlisted 2 companies - TCS and CMC Employees Group. Since CMC Employees Group could not provide the bank guarantee on funding, TCS won the bid and acquired it. From then on TCS India Story is growing leaps and bounds.. where other players could nt match their expertise and experience in operating in Govt bids.

TCS thought futuristic, when other players were concentrating in global outsourcing projects.