TCS Secures USD 1 Billion Deal with Tata Sons-owned British Carmaker JLR

CIOTechOutlook Team | Thursday, 07 September 2023, 02:33 IST

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Tata Consultancy Services announced a five-year strategic relationship with JLR's Digital subsidiary valued at £800 million ($1 billion). TCS will reform, simplify, and assist in the management of the Digital estate, as well as create a new future-ready, strategic IT architecture to support JLR's Rimagine goal. TCS has a long history with JLR Digital, dating back over a decade. Tata Motors, a subsidiary of TCS parent Tata Sons, owns JLR in the United Kingdom.
 
TCS will assist JLR improve its digital capabilities by leveraging its contextual knowledge, deep subject experience, proprietary platforms, extensive partner network, and future-ready talent pool. TCS will provide a wide range of services as part of the new relationship, including application development and maintenance, corporate infrastructure management, cloud migration, cybersecurity, and data services.
 
This agreement will produce significant savings for JLR over the next five years through supplier synergies and economies of scale, releasing free cash flow to deploy in the future. Aside from the new contract, TCS is collaborating with JLR to advance its vision of a modern luxury client experience adapted to diverse markets across the world.
 
"This is a truly bi-modal partnership where the efficiencies from leaner operations will help fund the new digital core, while our contextual knowledge and expertise will de-risk and accelerate that transformation," said Anupam Singhal, business group head - manufacturing, TCS.
 
"Building world class partnerships and maximising the benefits of being part of the Tata Group is a key part of our Reimagine strategy. Consistent with this, we are pleased to expand our long-term relationship with TCS to accelerate our digital transformation," said Nigel Blenkinsop, executive director, enterprise performance and quality, JLR. TCS has operated in the UK for more than 45 years and currently employs more than 23,000 people in the UK and Ireland.
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