TCS first Indian tech company to cross $200 billion market cap

Tata Consultancy Services, India’s largest software exporter crossed $200 billion in market capitalisation on Wednesday, as investors backed technology service providers who are growing their business helping the digital transformation of global businesses. Reliance Industries is the most valuable Indian company with a market cap of over $205 billion.

TCS, which completes 50 years, listed on the stock exchanges in 2004. It took 13.5 years to get to $100 billion market cap, while the next $ 100 billion took 3.5 years, or a third of the time, a company executive said.