Indiaâ€™s largest software exporter $2.97-billion TCS plans to achieve over 10% of its revenue from its e-governance vertical by 2010. Overall, the company has set itself a target of $10 billion by 2010. This translates into e-governance revenues of over $1 billion.
â€œWe project at least 10% contribution to TCSâ€™ overall revenues through e-governance by fiscal year ending 2009-10,â€ says Tanmoy Chakrabarty, vice-president (global government industry group), TCS.
Last year TCS earned less than $200 million through its e-governance practice. According to estimates, the global e-governance pie is over 180 billion, of which Indian companies share at present is minuscule, less than 1%.
TCS rivals such as Infosys, Wipro, Satyam and HCL have lesser share of e-governance in their overall pie. Surprisingly, TCSâ€™ biggest rival Infosys doesnâ€™t have a government vertical.
Read More @ Economic Times (27 Jan â€˜ 07)