The Tata story in its various avatars is a key highlight of the reforms era. Setting the tone was TCS; with its ex-deputy chairman FC Kohli, coming to be widely regarded as the father of the Indian software industry. TCS was the bulwark which provided most of the cash flows, enabling Tata Sons to increase its stake in group companies. Today, TCS gives the group the cushion to raise resources at a short notice.
Yet, it is among India's most globalised software companies, Asia's leading software services exporter and among the world's top 10 software companies. More than anything else, TCS symbolises the face of Indian IT in markets from South America to China and has proved that $2 billion of quarterly revenue is no longer a pipedream it was thought to be in the IT services business.
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