Page 51 - IACC Newsletter June 2013 Issue 11

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behalf of the federal, state and local governments. The company is implementing tax automation systems in seven cities
across the US.
TCS has wide experience in automating tax collection in India — it automated value-added tax collection in 13 states.
Subsequently, it also worked with a few countries in east Africa, including Uganda, Zambia and Kenya, in automating
their taxation systems. For TCS, the government business unit is one of the fastest growing areas, growing 35-40 per
cent a year. Chakrabarty said though the business unit was a single-digit contributor to the company’s overall revenues,
“our target is to make it a double-digit revenue contributor in the next three years”.
For the year ended March, TCS reported revenues of Rs 62,989 crore ($11.6 billion). Industry experts say so far, TCS is
the most successful company in the government vertical in India, compared to other Indian or global IT services
companies. Despite the belief that government business wasn’t substantially profitable, TCS made early investments in
developing specific solutions and frameworks to address issues involving governance. Now, the company is trying to
replicate its success in this segment in a few emerging countries in the east Africa and Latin America, as well as
developed markets such as the US and the UK.
Recently, the company had bagged a core system integrator contract from the Department of Posts, tipped as one of the
most prestigious e-governance contracts in the country. The contract was valued at about Rs 1,100 crore. It was said this
was the second-largest contract for the company in Indian government space, after the Rs 2,000-crore Passport Seva
Project of the Ministry of External Affairs.
“Our philosophy is to build in India, demonstrate the scale and complexity here, and then take it to the rest of the world.
That is what we are doing,” Chakrabarty said. TCS is also focusing on countries such as Columbia and Mexico, targeting
opportunities in their financial and healthcare segments.
Passport Seva completes 3 years in Bangalore. Passport Seva Project, the mission mode programme of the Ministry of
External Affairs, has completed three years of operations in Bangalore. In 2010, a pilot phase of the project was
launched in Bangalore. Since the project was implemented, 1.17 million passport applications have been processed in
Bangalore. TCS had bagged the project in 2008.
Himanshu Vyas honored with Chairman’s Award AAHOA Recognizes Winners
during the 2013 ‘AAHOA Annual Convention’ at George R. Brown Convention
Center, Houston
The Asian American Hotel Owners Association (AAHOA) is THE voice of owners in the hospitality industry. AAHOA is now
one of the fastest-growing organizations in the industry, with more than 11,000 members owning more than 20,000
hotels that total $128 billion in property value. Mr. Himanshu Vyas, Past Chairman, IACC Gujarat Branch & National EC
Member was specially invited to attend AAHOA Annual Convention & Trade Show.