Tata Consultancy Services said it plans to create 5,000 jobs in the UK over the next three years with its continued investment and talent development programs in the country, a statement said on October 10.
As part of its investment plans in the UK, India’s largest IT services company said it launch an Artificial Intelligence Experience Zone and Design Studio in London, reaffirming its long-term partnership with the country, the statement added.
“The UK is TCS’ second-largest market globally, making it central to our investment strategy around the world. The AI Experience Zone will further help to foster innovation in collaboration with businesses throughout the UK, helping in maintaining an edge in artificial intelligence and new technologies. Additionally, we are continuing to expand our footprint across the UK, with investment into innovation, people, and skills in all four nations," Vinay Singhvi, TCS, head- UK & Ireland, said.
The Tata Group company said it has a 50-year long partnership with UK firms, leading their digital transformation and supporting talent development with 42,000 direct and indirect jobs over the years, the statement said.
The company said the AI Experience Zone and London Design Studio are a “reimagination” of its flagship PacePort facility and is expected to play a key role in fostering innovation and client collaboration across the UK.
TCS headcount falls over 19,700 in Q2FY26 amid restructuring, layoffs
The London studio is TCS’ second after the company opened a studio in New York in September.
“I was delighted to visit the Tata Consultancy Services (TCS) campus in Mumbai to see their technological innovation first-hand. For nearly 150 years, Tata Group has reflected their leadership in entrepreneurship and philanthropy. Now, as we celebrate a landmark Prime Ministerial visit to India, we have reaffirmed the pledge between our two economies to maximise on the trade deal we signed in July. As a valued investor for the UK, Tata Group and its companies like TCS are central to this mission which ultimately will create jobs, put money in people’s pockets, and deliver economic growth across both countries,” Jason Stockwood, UK’s investment minister, said.
Key highlights of the study on TCS’ economic impact in the UK:
-TCS contributed £3.3 billion GBP to the UK economy in FY24
-TCS supported a total tax contribution to the UK exchequer of over £780 million in FY24, equivalent to the salaries of over 20,400 teachers
-TCS supported 42,700 jobs either directly or through its supply chain across 19 sites in the UK, with
15,300 employees working in technology positions such as engineering and data analytics, an important figure when addressing the skills gap that is estimated to cost the UK economy £1.5bn per year
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