Tata Technologies rebounds from pandemic lows, eyes about USD 500 mn revenue this fiscal

Tata Technologies, a global engineering and product development digital services firm, expects to clock close to half a billion dollars in revenue this fiscal, riding on accelerated growth from electric mobility across the globe and offshoring of projects by its customers in the aftermath of COVID-19, according to a top company official.

The company, which had witnessed a “precipitous drop” in revenue at the beginning of the pandemic, had clocked a revenue of USD 119.3 million in the second quarter of the ongoing fiscal as compared to USD 80.1 million in the same period of FY21.