Retail clients in Europe, UK seek to accelerate transformation: TCS

Tata Consultancy Services NSE 1.16 % (TCS)’ outlook about its Europe business has been cautious due to macroeconomic challenges, but its retail clients there remain bullish about accelerating transformation initiatives, a senior executive told ET.

Eight out of 10 retail clients are seeking to deliver their business plans faster than ever and are also open to 100% offshoring to meet these goals, said Abhijit Niyogi, vice president and business unit head – retail UK & Europe, TCS.