Indian software services giant TCS launches sovereign cloud focusing on India.

According to India's "Mint" newspaper, Tata Consultancy Services (TCS) has announced plans to significantly expand its domestic business by launching a sovereign cloud network and establishing partnerships with government agencies. In the fiscal year 2024-25, TCS's total revenue of $30.18 billion included $2.6 billion from its Indian operations, accounting for 8.6%. This is almost double the $1.31 billion revenue from domestic business three years ago. Over the past three years, India's largest software services company has seen a revenue growth of 17%.