Financial Times FT.com

Tata Consultancy looks to cut reliance on US

By Joe Leahy in Mumbai

Published: December 8 2008 18:29 | Last updated: December 8 2008 18:29

Tata Consultancy Services plans to reduce its dependence on the US market to less than half of its revenue in the coming three years as India’s biggest information technology outsourcing company seeks to mitigate the impact of the global slowdown.

The group derives about half of its business from the US market, once the mainstay of most Indian outsourcing companies.

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