TCS to acquire more businesses worth $1 billion with Marks & Spencer


Last year, the company’s European sales manager, Abhijit Niyogi, said that demand for IT services remained strong in Europe and the UK despite key economic factors such as inflation,


Reading extends to the political turmoil in the UK and Russia. After announcing a million-dollar, multi-year deal with Marks & Spencer last July, TCS is set to make another $1 billion deal with the British fashion retailer, The Economic Times reported.

Last year, the company’s head of marketing for Europe, Abhijit Niyogi, told PTI that demand for IT services remains strong in Europe and the UK despite major factors such as inflation. Russian invasion of Ukraine. The relationship between TCS and Marks & Spencer goes back more than a decade.

The company is set to renew its current five-year partnership with M&S, and this deal will mark the biggest win of 2023 for India’s top software exporter. “In addition to the renewal of the 2018 contract, there are many other contracts in the project worth more than $ 1 billion in total that M & S hopes to achieve,” said a well-informed company director. told the Economic Times.

Read also: Where to Find the TCS Process for Business Continuity Management

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