TCS starts Iberoamerica operations

MUMBAI: Software services firm Tata Consultancy Services (TCS) on Thursday

said it has started operations in the Iberoamerican region comprising of Mexico,

Brazil, Argentina and Spain.

"The establishment of a new geographic focus area at TCS, is a

continuation of our focus on new and emerging regions and become more

client-centric," a statement quoting S. Ramadorai, TCS' chief executive,

said.

TCS has appointed Gabriel Rozman, formerly head of Ernst & Young's Latin

American operations, as the regional director of TCS Iberoamerica. Rozman will

initially take charge of TCS' existing operations in Spain, the statement said.

Unlisted TCS, a division of Tata Sons which is the holding company of the

Tata group, is India's largest software exporter. Its diversification move is a

continuation of a drive seen in many Indian software companies.

These firms which have been earning over 60 per cent of their export revenue

from North America, are increasingly trying to expand their geographic reach to

overcome the effects of the slowdown in the United States.

(C) Reuters Limited.